The NCAA will allow athletes to profit from their name, image, and likeness

Woo hoo, we're back baby!!!!   We need to get youtube channels set up for players and recruits.  Order cash registers for fan day.  Start printing up the t-shirts.  Might as well put the facilities upgrades on hold.  All we need are studios to film commercials and live auction facilities for memorabilia items.  With all of our fan support we should be able to get one of the best teams money can buy.  Finally a level playing field!!!

 
If anything, I think this has a better shot of evening out the talent gap for some schools. 

If I am between being the 14th best player on Alabama or the best player at Kansas, and being the bet player at kansas means bobbleheads, jerseys and what not with my likeness are sold and I make money, I might consider that.*

*I understand in my example that would force this person to play for Kansas which would suck. 

 
How does a student do this without having an agent/manager to handle the deals?

My guess is that Adidas is already at work on a Wan'Dale Robinson signature shoe.

The other side of this is that the NCAA probably had its hand forced by California's Fair Pay to Play Act.
This is the answer for all of the schools who instantly felt a recruiting disadvantage to the California universities.

Look for "Help Wanted" signs and additional desks being wheeled in for university Compliance Offices in the wake of this.

 
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How does a student do this without having an agent/manager to handle the deals?

My guess is that Adidas is already at work on a Wan'Dale Robinson signature shoe.
To maximize how much money ends up in a student's hands I think the athletic departments could hire a couple of agents to handle all of the players.  This would probably be the most efficient way of funneling fan money to our purchased players.  Maybe the university has Adidas provide this service as part of their contract.  Probably the simplest way is no agent and just have people take a selfie with the players and hand them $2000 if they scored a touchdown or made a sack that weekend.  Once players get paid there is no way the NCAA can restrict how much they get paid.  It's going to be the wild west!  Thanks California!

When this goes through fans should drop their season tickets and use the money to buy the players.  The players shouldn't mind playing in empty stadiums as long as they get paid.  CFB attendance has been dropping anyway so schools may want to stop maintaining their stadiums and just play on soccer fields or local high school fields.  TV networks can use CGI to give the appearance that they're playing in one of those old timey stadiums.

 
Curious to see how this plays out. I’m guessing the NCAA will somehow find a way to have their hand in this to take a cut. 
 

I think this could be big for a school like NU though. 

 
To maximize how much money ends up in a student's hands I think the athletic departments could hire a couple of agents to handle all of the players.  This would probably be the most efficient way of funneling fan money to our purchased players.  Maybe the university has Adidas provide this service as part of their contract.  Probably the simplest way is no agent and just have people take a selfie with the players and hand them $2000 if they scored a touchdown or made a sack that weekend.  Once players get paid there is no way the NCAA can restrict how much they get paid.  It's going to be the wild west!  Thanks California!

When this goes through fans should drop their season tickets and use the money to buy the players.  The players shouldn't mind playing in empty stadiums as long as they get paid.  CFB attendance has been dropping anyway so schools may want to stop maintaining their stadiums and just play on soccer fields or local high school fields.  TV networks can use CGI to give the appearance that they're playing in one of those old timey stadiums.
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