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NIL
Posted on 12/24/24 at 10:38 pm
Posted on 12/24/24 at 10:38 pm
This got off topic in a different thread so I wanted to address separately.
Full Disclosure: I donate to NIL for football and wrestling.
NIL is an agreement not a contract. If any school, collective or AD suggest a contract, that would make players 1099 employees, which would trigger unions and profit sharing. All NIL Agreements are structured the same way to avoid this. No One varies from this!
NIL is not pay for play but it can be ridiculous easy compensation. Like $100k for billboards, $50k for visiting my car dealership, $200k for shooting commercials. But social media is the big dog by far.
NIL is broken down monthly. Monthly payments keep the collective from getting ripped off in the case of transfer.
If a player opts out of the bowl, their season is ended and so is their NIL payments.
Someone commented that scholarships are the players payment. Not true. Scholarships were started by Notre Dame to attract the best players (who were 25 year old men btw) without financial burden. Then other schools caught on. Until recently, scholarships were year to year and could be cutoff or reduced at anytime by the athletic department. D1 football players earn that shite with everything they do year round.
Alot of the NIL stuff we see is misinformation. Because of privacy, we never see the agreement so alot of stuff is simply made up. Corporate NIL can be lucrative, like KFC and Shadeur Sanders or Dr Pepper and Ewers, but they are few and far between. But ask me any questions and I will try to answer. Merry Christmas, MIZ.
Full Disclosure: I donate to NIL for football and wrestling.
NIL is an agreement not a contract. If any school, collective or AD suggest a contract, that would make players 1099 employees, which would trigger unions and profit sharing. All NIL Agreements are structured the same way to avoid this. No One varies from this!
NIL is not pay for play but it can be ridiculous easy compensation. Like $100k for billboards, $50k for visiting my car dealership, $200k for shooting commercials. But social media is the big dog by far.
NIL is broken down monthly. Monthly payments keep the collective from getting ripped off in the case of transfer.
If a player opts out of the bowl, their season is ended and so is their NIL payments.
Someone commented that scholarships are the players payment. Not true. Scholarships were started by Notre Dame to attract the best players (who were 25 year old men btw) without financial burden. Then other schools caught on. Until recently, scholarships were year to year and could be cutoff or reduced at anytime by the athletic department. D1 football players earn that shite with everything they do year round.
Alot of the NIL stuff we see is misinformation. Because of privacy, we never see the agreement so alot of stuff is simply made up. Corporate NIL can be lucrative, like KFC and Shadeur Sanders or Dr Pepper and Ewers, but they are few and far between. But ask me any questions and I will try to answer. Merry Christmas, MIZ.
Posted on 12/25/24 at 1:53 pm to surgicalvenom
quote:
Someone commented that scholarships are the players payment. Not true.
It absolutely is part of a conpensation package. The scolarship has a substantial financial value.
Posted on 12/25/24 at 2:53 pm to kilo
Scholarships are not compensation, they are the means to supply players. No top athletes would choose Mizzou and pay tuition if Kansas offered a scholarship. Athletic Departments are non profit organizations that pay the school the tuitions for athletes. Scholarships are necessary because of the NCAAs rules that athletes be FT students and maintain a minimum GPA.
So Scholarships were never compensation. They allow a level playing field for recruiting talent while meeting NCAA student guidelines. If the NCAA relaxed the student requirements, Scholarships would go away.
So Scholarships were never compensation. They allow a level playing field for recruiting talent while meeting NCAA student guidelines. If the NCAA relaxed the student requirements, Scholarships would go away.
Posted on 12/25/24 at 8:52 pm to surgicalvenom
quote:
Scholarships were never compensation
We will have to agree to disagree.
Posted on 12/26/24 at 11:07 am to kilo
In all seriousness I salute you mature response.
The major problem with NIL as I see it, is the inflated numbers. A collective writes an agreement worth $1.5 million, knowing damn well the kid will actually earn $300k. But the kid thinks he's worth $1.5 million so he transfers and the inflated numbers start all over again.
There should be a hard cap on agreements say $250k. Every school in the P4 (besides KU LOL) should be able to raise that for their best players. This makes transfers for financial gain obsolete
The major problem with NIL as I see it, is the inflated numbers. A collective writes an agreement worth $1.5 million, knowing damn well the kid will actually earn $300k. But the kid thinks he's worth $1.5 million so he transfers and the inflated numbers start all over again.
There should be a hard cap on agreements say $250k. Every school in the P4 (besides KU LOL) should be able to raise that for their best players. This makes transfers for financial gain obsolete
This post was edited on 12/26/24 at 11:09 am
Posted on 12/26/24 at 11:34 am to surgicalvenom
Who else in this country has their income artificially capped?
Posted on 12/26/24 at 12:00 pm to SEC. 593
If the NIL is capped, what's keeping it from going back under the table?
Posted on 12/26/24 at 12:24 pm to BlacknGoldNuts
quote:
If the NIL is capped, what's keeping it from going back under the table?
Missouri will get punished if that happens. That is why Missouri didn't do it but only the top football programs were able to get away with it.
Posted on 12/26/24 at 4:20 pm to SEC. 593
I mean capped by the Collective Agreement. If you can earn more through your own efforts or marketability then go for it. The problem is the Collective Agreements are artificially inflated.
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