This does nothing to solve the problems most folks associate
with recruiting.
1. Extra, often large, under the table benefits. --- Just because a kid has access to $6000 cash to pay for things other than tuition, books, room, meals, training facilities, and tutors doesn't mean he can't or won't be enticed by another dozen $100 handshakes or free wheels supplied by his "uncle from Delaware".
2. Fairness. --- Dividing up the large revenue pie sounds fair, but who gets what isn't going to please the fairness critics, nor will it be "fair" in my view. The money isn't going to be shared equally for all student athletes across all sports, now will it be shared equally within a sport. Never mind the Title 9 legal issues.
From the article:
"Each college's financial aid office is required under Federal
guidelines to publish a full cost of attendance number, which includes
an estimate of incidental expenses. Exactly what is included in that
number, however, can vary from school to school and even from person to
person depending on factors like distance from home or whether they have
a child."
3. Sunshine on the process. --- All of these new payments are still going to be in the shadows. No published standard for "full cost of attendance", no disclosure by each school for what is included in "full cost of attendance", not even an enforceable limit on how much can be paid in "full cost of attendance".
From the article:
"the SEC proposed a rule that would require schools to disclose
what they're including in the full cost of attendance for athletes,
including any variances from the school's average cost, but it was voted
down by the other conferences."
"I'm not sure anybody is going to really discuss (publicly) what they're offering"
In my view, this is merely an attempt to assuage the guilt and deflect the negative attention that the mega-money machines and huge salaries are bringing to the college sports world.
