Consider implementing transfer fee model to benefit college sports programs

In international football — the sport we refer to as soccer here in the United States — a “transfer” refers to the reassigning of a player's registration from one football club to another. Typically, when a player transfer occurs, a negotiated compensation amount, or “transfer fee,” is paid by the interested team to the club that currently possesses the player's contractual rights. This financial transaction is seen as a necessary way to compensate the soon-to-be former club for the costs associated with the player's training, instruction, and development. (See bit.ly/3RPwqgD.)