r/CFB • u/Fonzie5 UCF Knights • Big 12 • 18h ago

News [On3] BREAKING: The SEC has filed a lawsuit against LSU and head football coach Lane Kiffin, @PeteNakos reports.

https://x.com/on3/status/2095555292859646137?s=46&t=FavtrbPsHpJY8Odvh2TYUA
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218

u/ernyc3777 Syracuse • Penn State 17h ago

The SEC or the SEC?

Are LSU players commodities or athletes?

55

u/Broke-Till-Payday North Carolina Tar Heels 17h ago

Will we do have options on them thanks to draft kings

16

u/DollarThrill Arizona State Sun Devils 17h ago

Per the Howie test, they are actually securities.

1

u/NSNick Ohio State Buckeyes • /r/CFB Founder 6h ago

*Howey

What about recruits, tho?

10

u/r0sco Missouri Tigers • /r/CFB Poll Veteran 17h ago

Are the LSU players securities* or athletes?

Commodities are regulated by the CFTC.

3

u/CalculatedPerversion Ohio State Buckeyes • Tulane Green Wave 16h ago

The SEC or the SEC?

¿Por qué no los dos?

3

u/sevenlabors Oklahoma State Cowboys • Paper Bag 12h ago

Student ath-o-leets

2

u/binzoma Miami Hurricanes • Waterloo Warriors 15h ago

yes

2

u/Interesting-Agency-1 Indiana • Notre Dame 9h ago

Historically, they are 3/5ths athletes 

2

u/philburns Texas A&M Aggies 8h ago

3/5ths
Edit: id like to add I said this with the boldest of dark humor

1

u/Consistent_Detail_61 Georgia Bulldogs 9h ago

Yes

0

u/Emergency-Airline960 12h ago

Bruh I just realized that it’s the organization and not the agency doing the suing because of your comment.

Damn. I feel dumb trying to figure out how this affected the stock market.