Collegiate Athletics Annuity Fund
Collegiate Athletics Annuity Fund
Illinois Force is the entity designed to manage the Collegiate Athletics Annuity Fund. The Illinois Force Team will be charged with building sound business relationships to help grow the fund. The Illinois Force Team will be comprised of a team of carefully selected coaches, athletes, brands, and financial entities.
Our goal is to create a Platform for athletes who have completed their playing eligibility, providing them with career programming, life after athletics counseling, and life-time health care when the schools policy ends based on their discharge status. The Collegiate Athletics Annuity Fund features some core components of the program used by the U.S. Department of Veterans Affairs. Using this model as our foundation we can change the landscape of college athletics in a positive way.
Each student-athlete who signs a letter of intent to
play college athletics will be automatically enrolled in the Collegiate
Athletics Annuity Fund. Each student athlete must adhere to the NCAA
guidelines and complete their playing eligibility with a Honorable discharge. A
dishonorable discharge will dis-qualify the student athlete. (see NCAA Code of
Conduct)
While the student athlete is playing athletics the school will cover the
insurance for the athlete. When the athlete has exhausted their playing
eligibility and their discharge status is verified, Illinois Force will
take over the policy and maintain it until the athlete has found employment. In
the event that the athlete is struck with a financial or medical hard ship,
he/she will be administered a means test which will determine the level of
assistance needed.
The Collegiate Athletic Annuity Fund is designed to assist student
athletes in creating long-term family stability and career growth after
athletics. Illinois Force will honor student athletes like military veterans,
providing them with life-long benefits as a thank you for a job well done.
The FUNDING for the program will come from all the Major Brands currently
making Millions off college athletics. These Brands will pledge support both
monetarily and via jobs placements set up through the career development
programming.
This Petition will start discussions on how the NCAA can assist Illinois Force
Program in creating the Collegiate Athletics Annuity Fund.We need the NCAA to Sponsor Illinois Force and make
Illinois Force Organization the landing pad for athletes who have completed
their playing eligibility with a Honorable discharge.
We also need the NCAA will facilitate the introduction
between the Major Brands and Illinois Force.
Finally, we need the NCAA to adopt an amended Brand Sponsorship Policy.This amended policy would require any Brand making
money off college athletics, to contribute to the C.A.A Fund (Amount
TBA) if the Brand wants to continue their “Working Relationship” with the NCAA.
The link below is the Franchised Facility we plan to Operate. This facility will house every program a person may ever need.
http://th-ink-design.com/proof/2011_CIDOME/get_involved.html
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