Yow: I'm okay with an escrow account for student-athletes
Posted July 17, 2014
From education and cost of attendance to transfer rules to pay-for-play models, no question was off limits for University of North Carolina-Chapel Hill’s Bubba Cunningham, Duke University’s Dr. Kevin White, North Carolina State University’s Debbie Yow and North Carolina Central University’s Dr. Ingrid Wicker-McCree at a Fan Town Hall hosted by 99.9 The Fan ESPN Radio Thursday.
Here are some quotes from NC State athletics directory Debbie Yow:
"The gap between what we're currently offering in a scholarship and the full cost of attendance – it sounds like such a simple issue but it isn't for so many reasons. One is Title IX, the federal law that protects opportunities for women in this country... The law doesn't recognize revenue producing sports, so if we're going to do this for the men are we also going to do this for the women? Will we have to do this for the women?"
"Student-athletes have to decide if getting a college degree actually matters to them. Now you're into a whole 'nother area and that is the area of 'when can I go pro?' And 'is it better for me to go pro after high school if I really don't have any interest in college?' Fact of the matter is we're their best bet because of exposure that's offered to them, they actually want to be there."
"We're making money off the jersey and they're not getting any of the money. I would be okay about the option of their having an escrow account. Maybe it's something small 2 or 3% of the net or gross costs of that jersey goes into that escrow account and once they either leave school to go pro or graduate he gets that money. But that's an issue for coaches as it is for anybody else. It can create within the team structure some real issues."
"The retailers decide whose jersey it's going to be because they have all the skin in the game, they're paying for this, they didn't chose you, they chose me. We were very close, could of gone either way but I got it. How do you think this is for team morale. So you going to be passing the ball to me the next game or not because you were counting on that money from your jersey sale."
"It's called opportunity. Not everyone was born in a middle-class environment and had a two parent home and everything they ever needed or wanted. This is one of the most amazing opportunities for individuals that wouldn't otherwise have that opportunity... I've seen so many successful situations."
"There are a number of at-risk student-athletes and I think students in general who have learning disabilities no one knows about that were never diagnosed. If you're coming out of an environment socioeconomically where you don't have the money to go get tested for a learning disability then you don't even know you had it and that's been the issue all these years."
"No one would take anyone they didn't think had the opportunity to succeed."