Memphis runs a diiiiirty program
I'm thinking that something else must've came up in regards to violations.
If it’s about the repayment where’s he going to get the money without another booster giving it to him ? How many families have 11k laying around ?
I doubt that was the reason, but that penalty made absolute no sense.My guess is that he decided that he didn't want to donate the money to charity that the NCAA was requiring him to before he would be allowed to play again to make up for the extra benefits he got.
I doubt that was the reason, but that penalty made absolute no sense.
His family is being disciplined for taking money, but then they turn around and fine him as if he's a pro....smh @ NCAA
I’m sure an agent would gladly lend him and his family the money ...oh that’s not allowed either ! Banks require collateral and it seems like his family has limited resources which means they’d have no collateral maybe Penny would co-sign .If only there were places set up where someone could get money today by agreeing to pay back a little more money later on. Something like that would really help out not only in a situation like this, but in many other situations one might find themselves in in life.
I see it differently and will leave it at that.They didn't fine him as if he was a pro. They told him if he wanted to play he had to give back the money that he got that broke the rule.
When someone gets caught robbing a bank they don't let them keep the money when their trial is over. Obviously what Wiseman did isn't nearly as bad as that, but the concept is exactly the same. You don't get to profit from breaking the rules.
this kid is not the equivalent to Sidney Crosby in hoops...good for him but me thinks even a year in college raises the amount of coin you can make in the NBA...He should already be in the NBA. I don't remember hearing a peep from anyone when Sidney Crosby went straight from high school to the NHL.
Not if your a high lottery pick .this kid is not the equivalent to Sidney Crosby in hoops...good for him but me thinks even a year in college raises the amount of coin you can make in the NBA...
so you think Zion Williamson's overall value was hurt by his year at Duke?Not if your a high lottery pick .
so you think Zion Williamson's overall value was hurt by his year at Duke?
You take a kid out of high school millions fewer people know who the hell he even is...Yep he may get drafted high but his apparel and shoe deals and commercial opportunities are nowhere near what he makes after a year in college and a tournament run...
but the player gets nothing... untrue..he would not make the same endorsement money as a high school kid coming out..no way, no how...the only reason we are talking about him now is based on his time at memphis...Zion played in, arguably, the most marketable college program in America. Even with a stud freshman class, Memphis is still Memphis.
This years draft class is pretty weak, so Wiseman doesn’t need any college exposure to cement his standing. He’s a quiet, introverted kid so even if he played at a Duke or UK, he’s not attracting the type of attention that Zion did because, honestly, he isn’t even in the same ballpark in terms of marketability.
I don’t really see any reason why he needed to stay that serves the kid. Memphis would profit, NCAA would profit, Penny profits, CBB fans profit but the player gets nothing. He can start signing endorsements and banking that money right now in addition to getting started on NBA training paid for by his agency rather than worrying about a throwaway game against Tulane.
Let’s see he signed a 4 yr deal worth 44 million plus his shoe contract is 75 million over 7 yrs that’s roughly 22 million a yr he gave up to almost blow out his knee to spend a yr at Duke . He’d have been the number 1 pick the yr before . So yes it cost him 22 million !so you think Zion Williamson's overall value was hurt by his year at Duke?
You take a kid out of high school millions fewer people know who the hell he even is...Yep he may get drafted high but his apparel and shoe deals and commercial opportunities are nowhere near what he makes after a year in college and a tournament run...
Ever hear of LaBron James ?but the player gets nothing... untrue..he would not make the same endorsement money as a high school kid coming out..no way, no how...the only reason we are talking about him now is based on his time at memphis...
The only reason your talking about him is one thing you don’t think scouts knew about him !but the player gets nothing... untrue..he would not make the same endorsement money as a high school kid coming out..no way, no how...the only reason we are talking about him now is based on his time at memphis...
I’m sure an agent would gladly lend him and his family the money ...oh that’s not allowed either ! Banks require collateral and it seems like his family has limited resources which means they’d have no collateral maybe Penny would co-sign .
Banks don’t tend to lend money to people who need it without collateral . While there’s no doubt that if he stays healthy repayment isn’t a problem , but there’s no 100% guarantee.
I see it differently and will leave it at that.
He didn't steal any money, nor were any laws broken when the money was accepted.So you think that people who take money that they aren't allowed to take should be allowed to keep it?
They are different leagues.He should already be in the NBA. I don't remember hearing a peep from anyone when Sidney Crosby went straight from high school to the NHL.
It’s funny you’d think a guy with. Dr in front of his name then can walk into a bank and secure a loan without collateral based on his future earnings , well not for the last 40 yrs anyway . Until he signed with an agent where’s his family coming up with the insurance premium , which I’d imagine has to be a sum far greater than the 11k he owed .If you don't think that there is any bank out there that would loan Wiseman the money based on his future potential earnings then you don't really understand how banks work. I would guess that almost every bank in America would loan Wiseman $11,000 right this very second, with the caveat that he has to insure himself against a career ending injury. Which Wiseman has already done if anyone in his inner circle has even half a brain.
When your that good at hockey at his age you don't go to a normal high school, they transfer you to programs and Junior hockey leagues from different states and tutor you while you train. Crosby probably spent as much time in a high school class room as you have had watching the sport he plays.He should already be in the NBA. I don't remember hearing a peep from anyone when Sidney Crosby went straight from high school to the NHL.
He didn't steal any money, nor were any laws broken when the money was accepted.
The end.
It’s funny you’d think a guy with. Dr in front of his name then can walk into a bank and secure a loan without collateral based on his future earnings , well not for the last 40 yrs anyway .
The only thing I see differently is that paying back benefits shouldn’t be an optionI see it differently and will leave it at that.
I realize how hockey works, but I always hear people talk about what a tragedy it is for these kids to go to the NBA at 18, and that they're making such a poor life decision. I never hear this about hockey or baseball players turning pro out of high school. Many baseball players sign for relative peanuts, and are then sent to live in some dusty podunk town. No one cares, because no one cares about college hockey or baseball. These are the self serving arguments of college basketball fans. Some of these teenage hockey players come over here not speaking a word of English, and no one seems concerned about it, but everyone frets about some kid from the "hood".When your that good at hockey at his age you don't go to a normal high school, they transfer you to programs and Junior hockey leagues from different states and tutor you while you train. Crosby probably spent as much time in a high school class room as you have had watching the sport he plays.
I know for a fact that a Dr cannot get an unsecured loan unless he has collateral to guarantee the loan . Twice during my career I bought practices that both were very profitable and combined them with mine and I had to secure them with my other assets . I had an on going profitable practice and substantial assets , but still had to secure the loans . I can guarantee you that I never made any stupid financial mistakes and have over a +800 credit rating approaching 850 . Banks don’t lend money out unless they know they can get repaid somehow .You don't think that a doctor could get an unsecured loan at just about any bank in the country? I mean assuming that he or she hasn't completely screwed up their credit to that point.
Seriously, if you are a doctor and you can't get an unsecured loan you must have made some really, really stupid financial decisions in your life. Heck, I have people sending me solicitations for unsecured credit all the time. Probably several times a week on average. And offering a heck of a lot more than $11,000.
This One and Done insider trading deal between the NBA, the NCAA and the networks and sneaker companies is the biggest farce in sports today. Wiseman should be in the Lottery THIS year and a kid who really wants to play at Memphis and like actually get a Degree should be playing for the Tigers right now.Leaving school to focus on the draft. Smart move by the kid.
One year of tuition at UConn for an in-state resident — Drummond is from Middletown — is roughly $21,000, and it is not known how the Drummonds are paying it, but under the rules they are getting no aid from UConn. Drummond, who is considered a top NBAprospect, has insurance in case of injury, and presumably a bank loan could easily be secured, given his huge potential income. He could be in the NBA as early as next year.
I realize how hockey works, but I always hear people talk about what a tragedy it is for these kids to go to the NBA at 18, and that they're making such a poor life decision. I never hear this about hockey or baseball players turning pro out of high school. Many baseball players sign for relative peanuts, and are then sent to live in some dusty podunk town. No one cares, because no one cares about college hockey or baseball. These are the self serving arguments of college basketball fans.
I know for a fact that a Dr cannot get an unsecured loan unless he has collateral to guarantee the loan . Twice during my career I bought practices that both were very profitable and combined them with mine and I had to secure them with my other assets . I had an on going profitable practice and substantial assets , but still had to secure the loans . I can guarantee you that I never made any stupid financial mistakes and have over a +800 credit rating approaching 850 . Banks don’t lend money out unless they know they can get repaid somehow .
Getting and accepting unsolicited loans with interest rates in the 22+% might be considered making a stupid financial mistake and I doubt that anyone would be willing to lend a very poor family 11k without collateral at any interest rate ...would you ?
Now saying that do I think someone would offer a kid with that potential a loan to get future business opportunities with him , l do , it happens all the time they’re called agents .
Would you loan him the money ?Well you are talking about something completely different. I am assuming that if you are buying a profitable doctor's practice that you are paying just a wee little bit more than $11,000 for it. Of course no one is going to offer you say a million or two dollars with no collateral.
But we aren't talking about anything like that. We are talking about a guy who theoretically needed $11 thousand, not $11 million. And we are talking about a guy that the bank knows that barring catastrophic injury is going to be making millions of dollars a few months from now. He's not going to have any problem at all paying back $11,000. So they probably make sure that he has an insurance policy that covers him for injury, which he should have anyway. But if he does that's a loan that the bank knows is going to get repaid 100% of the time. No bank would leave free money like that on the table.
Would you loan him the money ?