Another Reason To Hate The NCAA

[Tugg Speedman]

So the NCAA knows what the right amount is, and since Singapore violated the NCAA's unstated standard, everyone will get screwed and get nothing.

And it's just perfect that Emmert announcing this at the Aspen Institute of Ideas, and uber left-wing think tank that meets in the summer in Aspen ... a bunch of wealthy people complaining their is no room at the Pitkin county airport for their private plane and why they cannot get better seats at the Jazz festival ... all in agreement with Emmert tell them that elite college athletes cannot get just compensation from their skills

And one wonders why we have a populist movement in this country.

Mark Emmert: NCAA might reconsider Olympic bonuses for athletes

http://www.chicagotribune.com/sports/college/ct-mark-emmert-ncaa-olympic-bonuses-20160908-story.html

NCAA President Mark Emmert says member schools might reconsider allowing college athletes who compete in the Olympics to accept payments for performance.

The NCAA rules allow athletes to accept money for training from the U.S. Olympic Committee or similar organizations in other countries along with national sports governing bodies. Athletes can also keep bonuses given for winning medals. A gold medal was worth $25,000 for U.S. athletes in Rio. A silver paid $15,000 and a bronze $10,000.

For some countries, the payments are much greater. Swimmer Joseph Schooling, who attends the University of Texas and competes for Singapore, received more than $750,000 for winning gold in the 100 butterfly.

Emmert said Thursday during an interview with Aspen Institute that amount was far more than what NCAA membership had in mind.

"To be perfectly honest, it's caused everybody to say, 'Oh, well that's not really what we were thinking about,'" Emmert said. "So I don't know where the members will go on that. That's a little different than 15 grand for the silver medal for swimming for the US of A. So I think it's going to stimulate a very interesting conversation."