Last Friday, former Vanderbilt football player Cory Batey was sentenced to 15 years for taking part in gang raping an unconscious female student in June 2013. In contrast, former Stanford swimmer Brock Turner was sentenced to six months in jail - half of which he can avoid with good behavior - and three years of probation for sexually assaulting an unconscious female outside a fraternity house. Here, we have two sexual assault-related stories involving NCAA athletes (both of which are horrible though on somewhat different levels of severity according to law), a number of factors taking part in each judicial system's processes, and two very different results. I want to simply compare the facts to spark conversation and inform y'all in case you missed either one.
Read MoreRemember back in March hearing how Michael Phelps cried the first time he saw the Under Armour "Rule Yourself" commercial featuring him? This beauty - and Under Armour's entire "Rule Yourself" ad campaign - never would have been made had the International Olympic Committee (IOC) decided not to change a longstanding rule that limited Olympics-related marketing to official sponsors like Nike and McDonald's.
Under Armour is not an official sponsor of the 2016 Rio Olympic Games, but the athletic apparel brand does sponsor 250 Olympic athletes (at least before some started to declare that they were opting out of competing in these Games) and is one of the most prominent market players benefiting from the rule change You may be asking what Rule 40.3 is and why the IOC is relaxing its stance on marketing now as opposed to earlier. Well, let's talk about it.
Read MoreThe University of Michigan is one of the member institutions in the college athletics groups commonly referred to as the "$100 Million Club," an elite group of schools that generate at least $100,000,000 in annual revenue. A large portion of that revenue comes from athletic sponsorship deals with apparel and equipment suppliers. When the university entered into an athletic sponsorship agreement with adidas that began in 2007, it was not a member of the $100 Million Club. As the contract term progressed, Michigan broke the lofty threshold and continues to do so as its contractual relationship with adidas comes to an end. The deal with adidas was the most lucrative contract at its time, and the deal with Nike was also the most lucrative in college athletics until Nike decided to pay a bit more to the Ohio State Buckeyes.
For me, Michigan's relationship with Nike is a return to all that is good. I grew up wearing my maize and blue Michigan swag with the symbolic swoosh in some visible place. So, when the adidas contract kicked in gear my freshman year, I refused to buy new apparel adidas made with the exception of the annual football t-shirt and, eventually, my NFLPA-licensed #10 Tom Brady jersey. Nike is the big dog in the athletic apparel industry, and it only seemed right that Nike and Michigan, a big dog in college sports, work together.
You asked, and I'll answer. The fun does not stop there, though. This Question and Answer session on this significant contract can show how the sponsorship market has evolved and where changes in the current NCAA "collegiate model" could take place.
Read MoreAlthough a desired solution may be to have nationwide regulations and oversight, if we take one look at our federal legislature in its current state, there is clearly no way they will clarify the law regarding DFS anytime soon. This leaves states in a tricky position because there is still some uncertainty as to how effective or durable state laws on DFS - if and when enacted - will be. State-by-state laws are the settled on short-term solution to the legality of a growing industry's operations. The law needs adequate clarification as soon as possible.
Many states are taking initiative and pushing legislation regarding daily fantasy sports (DFS) hoping to clarify where the industry operates under the law. Virginia led the way as the first state to regulate fantasy sports with its Fantasy Sports Act, requiring DFS operators to (a) enforce a minimum age of 18 to play, (b) register with the designated regulating department, (c) pay a $50,000 registration fee, and (d) take various consumer protection steps such as securing player data and funds as well as preventing operator employees and their immediate family members from playing. Last week, two more states took large steps. Indiana became the second state to regulate fantasy sports with a law that (a) designates fantasy sports as a game of skill, (b) created a division to oversee paid fantasy sports within the state, (c) mandates a $50,000 licensing fee (though that initial fee could increase in the future) followed by a $5,000 renewal fee, and (d) specifically bans fantasy sports contests involving college football and basketball, which makes sense because betting on college sports is illegal under current federal law. Also, Massachusetts has DFS regulations moving through its legislature that is publically supported by DraftKings and FanDuel and hits big on combating the vulnerable with consumer protections like requiring a minimum age of 21 years old to play and instilling "truth in advertising" standards in addition to those akin to Virginia's protections.
For those in my home state of Michigan, we are left to deal with outdated law and a passive movement dragging its heals holding onto weak proposed legislation that will likely never pass. Senate Bill No. 459, which seeks to legalize fantasy sports in Michigan, is a flop.
Read MoreThe person who leaked the NCAA Tournament bracket via Twitter 50 minutes into CBS' 2-hour Selection Sunday broadcast is considered a hero, according to various news and social media sources. There would not be all this praise had CBS completed the show as it has in the past - one hour swiftly moving through each bracket without the missed shots (e.g., Charles Barkley awkwardly trying to work with the selection touchscreen board). This frustration with college sports broadcasting contracts comes at a time when society is scrutinizing the ethical viewpoints and practices of those running the college sports world, which adds to the firestorm. One mantra appears to be rising out of the mess - a "stick it to The Man" vibe - and will likely gain additional momentum the next few weeks.
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