FSU is the new FIU- Free Insurance University

[Billy D Williams]

All this non sense about insurance reminds me of politics. Too many people want to stick it to rival schools. Lets focus on recruiting and on field production.

 

[TRock305]

All this non sense about insurance reminds me of politics. Too many people want to stick it to rival schools. Lets focus on recruiting and on field production.

This is about a significant potential "recruiting" advantage. But, by all means, please start another thread about how bad Donofrio is, what a knucklehead Olsen is, speculating if Golden will be back after this season, about how great Kaaya will be, or putting in your two cents as to which uniform combo you like best! We haven't had enough of those.

 

[FG305]

This is not against the rules. There are funds that allow schools to spend money on players for suits, other necessities, etc. for media days, heisman ceremonies, etc. FSU is using that money for his insurance and it is perfectly legal according to NCAA.

There was an article recently about how the SEC has been doing this for years. Google is a friend.

Well, if the SEC is doing it, it must be alright... My understanding is that only TAM has done this (prior to Free Shoes/Insurance U), and it only did it once.

Oh lawd....the money comes from the NCAA via the Student Assistance Fund. The NCAA is taking money from their basketball contract and distributing to each conference. 75 million last year.

The SEC allowed each team $350,000....Minnesota used $402,000 last year. The ACC probably distributes similar numbers.

http://www.foxsports.com/college-football/story/texas-am-aggies-paid-nearly-60-grand-top-nfl-prospect-cedric-ogbuehi-071614

http://minnesota.cbslocal.com/2014/01/12/ncaas-little-known-student-assistance-fund/

 

[Tad Footeball]

Wouldn't this be more of a factor in retaining kids that are leaving early to be 3rd round and later type picks? I don't see this being that convincing a factor for a kid that's a guaranteed 1st round talent. Seems like it'd be more of a tool in swaying a kid to actually stay and have peace of mind as he tries to improve his draft stock. I'm sure there will be exceptions but I wouldn't consider it some major recruiting advantage for the "face of the program" type guys. That said, Winston is a moron so maybe it'll work for him.

 

[post499]

Either way... All the policy does is guarantee him money if he gets hurt or his draft stock drops majorly. If he stays he isn't getting paid... or at least he isn't supposed to be.

But I guess there are benefits of being in a college town... how do you put a price tag on getting numerous crimes swept under rugs?