Shrader goes pro!

Wait what? Wouldn't he not be able to accept the money anyways because he competed at NAU after the 12k championship? Why would he leave right before NCAA indoors?

Brian Schrader wrote:

Announced it on instagram today, though mentioned it has "been official for a while now". Interesting that it happened right before the NCAA indoor championships - he must have had a limited timeline to decide before losing the money from the 12K.

This is a real shame to me.

1) Why can't a guy just run the season and then take the money after the year is over?

2) Why would the shoe companies insist he go pro now. I'd rather get everything lined up now and have him build a brand by actually doing something at the ncaa level. Did this guy ever score at NCAAs?

Let him contend for a title and then get paid in June. What does4 months matter.

It's sad that our sport is so limited that guys give up the chance to represnet the university that gamve them over 100,000 in scholarships to go pro for $12,000.

ncaa fan wrote:

It's sad that our sport is so limited that guys give up the chance to represnet the university that gamve them over 100,000 in scholarships to go pro for $12,000.

It was $20,000, for what it's worth

ncaa fan wrote:

This is a real shame to me.

1) Why can't a guy just run the season and then take the money after the year is over?

2) Why would the shoe companies insist he go pro now. I'd rather get everything lined up now and have him build a brand by actually doing something at the ncaa level. Did this guy ever score at NCAAs?

Let him contend for a title and then get paid in June. What does4 months matter.

It's sad that our sport is so limited that guys give up the chance to represnet the university that gamve them over 100,000 in scholarships to go pro for $12,000.

He can still finish his priceless education and earn some money.

But yes it is stupid that he must decide now or lose $20,000. Can't fault him for taking $20,000. Doubt he would have increased his value with an 8th place at NCAAs or anything.

There is a provision by which NCAA athletes can keep prize money (or a portion of it) as long as it is used for training expenses. The statute states that the athlete can keep prize money that is used for training expenses incl. travel to road races, coaching expenses, shoes, watches, other equipment, massage etc. As long as the athlete can show receipts for the money kept BY DECEMBER 31st--end of the year. This means an athletes can win a road race in March, use all of the money for training in the summer, and as long as there are receipts, its all good.

Schader could have taken the money, go on a five star training trip to New Zeland over Xmas break and its all good.

Look it up.

I got sources...reported this a month ago. http://www.letsrun.com/forum/flat_read.php?board=1&id=6311469&thread=6311469#6311469

Loophole Larry wrote:

There is a provision by which NCAA athletes can keep prize money (or a portion of it) as long as it is used for training expenses. The statute states that the athlete can keep prize money that is used for training expenses incl. travel to road races, coaching expenses, shoes, watches, other equipment, massage etc. As long as the athlete can show receipts for the money kept BY DECEMBER 31st--end of the year. This means an athletes can win a road race in March, use all of the money for training in the summer, and as long as there are receipts, its all good.

Schader could have taken the money, go on a five star training trip to New Zeland over Xmas break and its all good.

Look it up.

This, exactly. He could go buy a treadmill for $10,000 and spend another $10,000 towards training/racing related expenses, show proof of the expenses by Dec. 31st, while still competing in college. The race was in November-- anyone know if he went on a shopping spree thereafter??

i'm pretty sure there are monetary limits to that rule

You guys are crazy. I doubt Shrader went on any extravagant trips to burn his prize money on "training expenses." There's nothing other than taxes keeping him from depositing the entire $20k into a savings account and calling it a day.

Band-Aid wrote:

You guys are crazy. I doubt Shrader went on any extravagant trips to burn his prize money on "training expenses." There's nothing other than taxes keeping him from depositing the entire $20k into a savings account and calling it a day.

You sir are clearly not reading what they wrote.

He didn't have outdoor eligibility. He made the smart choice. Strike while the iron's hot.

reed wrote:

i'm pretty sure there are monetary limits to that rule

I heard from reliable sources there isn't a monetary limit, unless someone can cite the direct Bylaw that says otherwise.

The statutes that were shown to me mentioned no monetary limit. I think this is a reasonable provision for "non revenue generating" sports who I imagine will not benefit much from the agreement in principle to pay athletes. At least they let them sing for their food.

road rashed wrote:

He didn't have outdoor eligibility. He made the smart choice. Strike while the iron's hot.

He couldn't have waited two weeks and run NCAAs?

I suppose then he'd risk running poorly and then might not get as much money...our sport is so silly sometimes. The incentive here is to NOT compete.