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re: When do you foresee the NIL market correcting itself?
Posted on 5/8/24 at 11:52 am to TulaneFan
Posted on 5/8/24 at 11:52 am to TulaneFan
Right now it’s both good and bad…
good: teams pay every scholarship football player a ‘salary’…which allows them to travel home quicker or to get position coach training.
bad: happy kids get calls from, (for example) say Oregon and offered $100k to transfer…that isn’t binding. Once you get in the portal, for them, then they have all the power (they could say $60k…who else is looking?). That, and you approach the school you’re at now and tell them. They’re pressured to buy you a car or whatever.
To protect 18-20 yr olds there needs to be agents involved…lawyers…ugh. I have a contract lawyer for my son, but there IS NO contract or anything to pour through, just words of football coaches. Strange world.
good: teams pay every scholarship football player a ‘salary’…which allows them to travel home quicker or to get position coach training.
bad: happy kids get calls from, (for example) say Oregon and offered $100k to transfer…that isn’t binding. Once you get in the portal, for them, then they have all the power (they could say $60k…who else is looking?). That, and you approach the school you’re at now and tell them. They’re pressured to buy you a car or whatever.
To protect 18-20 yr olds there needs to be agents involved…lawyers…ugh. I have a contract lawyer for my son, but there IS NO contract or anything to pour through, just words of football coaches. Strange world.
This post was edited on 5/8/24 at 11:55 am
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