The NCAA is investigating whether Heisman Trophy winner Johnny Manziel was paid for signing hundreds of autographs on photos and sports memorabilia in January, "Outside the Lines" has learned. Two sources tell "Outside the Lines" that the Texas A&M quarterback agreed to sign memorabilia in exchange for a five-figure flat fee during his trip to Miami for the Discover BCS National Championship. Both sources said they witnessed the signing, though neither saw the actual exchange of money.
Three sources said Manziel signed photographs, footballs, mini football helmets and other items at the request of an autograph broker named Drew Tieman. Two sources, who are aware of the signing arrangement, told "Outside the Lines" that Tieman approached Manziel on Jan. 6, when he landed at Fort Lauderdale-Hollywood International Airport to attend the game between Alabama and Notre Dame the next day.
I know that Johnny Manziel comes from oil money so he's not like most of the NCAA athletes, but he still should be free to make money off his play. So many of them are impoverished and can barely pay for food money and not all college athletes will be able to sell autographs, but some will be able to make money for their families who never get drafted to the pros or flop out early on.
Why is it that the NCAA can make gazillions of dollars and the only reward athletes get for their talent is a scholarship? The NCAA tried to destroy the USC football program for a couple of years over some illegal gifts that came to Reggie Bush which had no bearing on his play?
David Cay Johnston at Reuters reports:
IRS data suggests that, globally, U.S. nonfinancial companies hold at least three times more cash and other liquid assets than the Federal Reserve reports, idle money that could be creating jobs, Read more...