If college athletes are going to start out getting paid, former College of Southern California star Reggie Bush stated that their checks ought to include some “guidance.”
In a Q&A interview with Playboy, Bush stated that if he had the “proper financial knowledge” early in his profession, some issues may have been completely different for him. When Bush was requested if he would become involved in teaching, he responded with a warning for the college athletes who may quickly be paid for his or her identify, picture and likeness.
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“Guidance is the one thing that young athletes coming through the college system miss on so much,” Bush informed the journal. “I missed on it. They’re about to start paying college athletes. This is something that has never been experienced before, and it’s going to destroy some people if their foundation is not in the right place.”
In April, the NCAA introduced that it supported a proposal to permit athletes to signal endorsement and commercial offers, so long as their colleges aren’t concerned within the cost and their logos aren’t used. The attainable rule change is anticipated to be detailed over the following few months, and there can be a proper vote set for subsequent January.
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Bush, who had a stable 11-year profession within the NFL, willingly forfeited his 2005 Heisman Trophy after he and his household supposedly acquired improper advantages from brokers whereas he was at USC.
However now wanting again on his soccer journey, the present Fox Sports activities college soccer analyst is aware of how a lot of an “open target” somebody in his footwear may very well be for individuals to use.
“The one thing I wish I had early in my career is proper financial knowledge,” Bush stated. “I employed good brokers, and I employed an excellent crew. However I allowed that good crew to make selections for me. I’m not saying I’m going bankrupt, however if I had the right information again then, some issues can be completely different.
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“People just assume, ‘Well, you got all this money, so you’re good.’ It’s actually the opposite. The more money you have, the more danger you’re in,” Bush added. “Because now you’re a freaking open target for a lot of people. It’s a nasty world out there, and it’s about to get nastier. You’re going to really start to see the true colors of a lot of people, and a lot of businesses too. You’re going to see people doing some crazy stuff to make money, because our market is crashing.”