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July 2010, Sports Business
Economic Deterrent Suggested as Answer to Agent Problem
Rick Horrow and Karla Swatek suggest in BusinessWeek that a practical solution to the current agent problem is a business one in which the NFL and the Players Association would ban and penalize the agents and their economic base (the players) who engage in the NCAA prohibited practices while in college.
ACC Commissioner John Swafford argues that existing penalties for agents who violate the law in interacting with student athletes should be strengthened—Swafford noted at the ACC's media day that the State of North Carolina's current maximum fine sports agents can receive is $25,000. And such respected coaches as Duke University's David Cutliffe have called for a congressional investigation of the situation. To read more, click here.