President Donald Trumpwas joined by over 40 names spanning across different sports platforms to discuss plans on how to save college athletics. But at the end of the meeting, Trump was hellbent on fixing the issue with a new, comprehensive, executive order.
The premise of the event was to gather information on what Trump could do if he wanted to sign some sort of federal legislation pertaining to NIL, the transfer portal, eligibility rules and certain sports being cut because of budget issues affecting the current landscape.
Can something be done? The clock is certainly ticking, as Donald Trump pointed out that he'd like to have some sort of resolution passed soon.
"If you had no salary cap in the NFL you'd see staggering losses. We have no salary cap in colleges. We don't have to take months, we'd like to see if we could do it for next season," President Trump noted.
"This is the future of colleges, the amount of money being spent by a massive amount of schools, we have to save colleges and our Olympic teams," Donald Trump noted.
When Nick Saban took the mic, the message was that colleges are losing sight of the education part of the current landscape, which he has harped on over the past two years since retiring.
One of the current problems is the current lack of enforcement, in large part due to lawsuits being filed in federal and state courts, which has forced the NCAA to engage in litigation just about every week.
"The lawsuits are killing us. Absolutely crushing college sports. If you don't like a rule, you just go to a local judge, and the local judge deems you eligible," ACC commissioner Jim Phillips noted.
There's also the continuing repercussions from the House Settlement rolling out across athletic departments, with each school being allowed to spend just over $21 million per year on their rev-share budgets for athletes.
But, what we've seen in the aftermath are the third-party NIL deals that have some schools spending over $40 million on their football rosters, thanks in large part to outside donors picking up the tab.
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