“I’m chuckling because I cannot wait for next year’s legislation, which will allow the student to have an agent to negotiate their contract,” joked Director of Athletics Bubba Cunningham.
Members also held a discussion on NCAA proposals that will be voted on during the convention to assist Faculty Athletics representative Lissa Broome and Cunningham, who will be attending the NCAA convention.
“The centerpiece of these autonomy proposals — which we will discuss on Saturday and vote on on Saturday afternoon — is the cost of attendance figure,” Broome said, discussing student-athlete scholarship costs.
The committee overall did not favor the proposals concerning potential financial aid policies for student-athletes and felt the process was rushed.
The committee discussed its feelings toward loss of value insurance and wondered how the student-athletes would be able to convince loan services they were worth the investment.
The insurance would protect athletes from losing financial compensation if an injury ended their athletic careers.
Accrediting response
After the University responded to its accrediting agency’s letter questioning its academic standards this week, Chancellor Carol Folt thanked the committee at its Tuesday meeting for its work upholding UNC’s integrity since the scandal broke.