Gene Smith Thinks Only Small Number Of Schools Could Cover $2,000 Stipend

According to Ohio State Athletic Director Gene Smith, only "60-70%" of the 347 Division 1 schools would be able to afford the cost of paying student-athletes $2,000 under NCAA President Mark Emmert's new proposal.

Under the proposal, conferences will have the option to participate or not. So colleges are not required to take advantage of the rule change.

Also, schools have an option to either provide $2,000 or to receive additional athletics aid up to the full cost of attendance.

Schools will essentially have the option to pay their players up to $2,000 in addition to their scholarships. Power conferences like the Big Ten and SEC have lobbied for this change, since their schools have the money to throw around $2,000 like it's nothing.

No word on whether or not Gene's OSU will participate but something tells me, if they want to, they'll be more than able.

For more college sports, visit SB Nation's many exquisite college sports blogs.

X
Log In Sign Up

forgot?
Log In Sign Up

Forgot password?

We'll email you a reset link.

If you signed up using a 3rd party account like Facebook or Twitter, please login with it instead.

Forgot password?

Try another email?

Almost done,

By becoming a registered user, you are also agreeing to our Terms and confirming that you have read our Privacy Policy.

Join SBNation.com

You must be a member of SBNation.com to participate.

We have our own Community Guidelines at SBNation.com. You should read them.

Join SBNation.com

You must be a member of SBNation.com to participate.

We have our own Community Guidelines at SBNation.com. You should read them.

Spinner.vc97ec6e

Authenticating

Great!

Choose an available username to complete sign up.

In order to provide our users with a better overall experience, we ask for more information from Facebook when using it to login so that we can learn more about our audience and provide you with the best possible experience. We do not store specific user data and the sharing of it is not required to login with Facebook.