NIL Things - All Sports

[Lobot]

Turns out it’s not just him and the agents are being slimy as well.

https://www.cbssports.com/college-ba...ted-nil-issue/

[Lobot]

Here we go - a U of Miami basketball player is threating to enter the transfer portal if his NIL amount isn't increased. I guess he was happy until an incoming transfer received an NIL agreement that included $800,000 plus a car for the next two years.

I'm happy that the introduction of NIL compensation has fixed all that was wrong with college sports.

Link - NIL agent says Miami hoops star Isaiah Wong will enter transfer portal if NIL compensation isn't increased (espn.com)

This situation should get him declared ineligible in my book. He's represented by an agent in this and as far as I'm concerned that makes him a pro. I'd let him hit the portal and get blackballed. Very few programs want a guy who's jumping from program to program for money whether under the previous NCAA regulations or current. If I'm a coach I'd have to have questionable ethics to want this guy. (Watch X take him. Lol)

[Geaux Juan]

Here we go - a U of Miami basketball player is threating to enter the transfer portal if his NIL amount isn't increased. I guess he was happy until an incoming transfer received an NIL agreement that included $800,000 plus a car for the next two years.

I'm happy that the introduction of NIL compensation has fixed all that was wrong with college sports.

Link - NIL agent says Miami hoops star Isaiah Wong will enter transfer portal if NIL compensation isn't increased (espn.com)

[bearcatbret]

With the University of Penn of the world, women's sports may die anyway. So sad.

[Lobot]

This whole NIL thing is turning into a major disaster - let's say if you're going to pay someone $50-100,000/year to play college sports that might be as much as they could make in a minor league scenario - to me that's not amateurs - that's professional - and at the very least they should be ineligible for college scholarships. I understand that the Alabama's of the world will just pay them more - but at some point there has to be some rationale for playing football/basketball with a college name on the jersey instead of the Green Bay Packers or NY Knicks. And I can't believe that the female college athletes won't be in court arguing that the men are being compensated while they are, for the most part, not, and that has to be a violation of some law or other.

I agree it’s a mess. Relatedly, if FBS football somehow breaks off into a semi pro league, it means that the NCAA Title IX competitive balance would probably not be an issue ever again. I’m all for and in support of women’s’ sports at the college level but the reality is some women’s teams at schools exist to balance the numbers of men’s football. With football, there is no other sport on any campus with such a large roster and support staff.

If football jumped ship into say a school affiliated LLC, a lot of the smaller non profitable sports would likely get cut on both sides of the gender fence just due to lack of funding. The NCAA status quo before NIL was legally untenable but NIL may end up making everything worse for everyone unless they clean it up soon.

Right now you’ve got booster collectives setting market values for players. That what broke up the old SWC and got SMU the death penalty.

[leo from jersey]

This whole NIL thing is turning into a major disaster - let's say if you're going to pay someone $50-100,000/year to play college sports that might be as much as they could make in a minor league scenario - to me that's not amateurs - that's professional - and at the very least they should be ineligible for college scholarships. I understand that the Alabama's of the world will just pay them more - but at some point there has to be some rationale for playing football/basketball with a college name on the jersey instead of the Green Bay Packers or NY Knicks. And I can't believe that the female college athletes won't be in court arguing that the men are being compensated while they are, for the most part, not, and that has to be a violation of some law or other.

many schools are paying both. ADs often get large bonuses for championships.

[richard k.]

Associated twitter thread fot the above:

https://twitter.com/MattBrownEP/stat...30198686801924

This whole NIL thing is turning into a major disaster - let's say if you're going to pay someone $50-100,000/year to play college sports that might be as much as they could make in a minor league scenario - to me that's not amateurs - that's professional - and at the very least they should be ineligible for college scholarships. I understand that the Alabama's of the world will just pay them more - but at some point there has to be some rationale for playing football/basketball with a college name on the jersey instead of the Green Bay Packers or NY Knicks. And I can't believe that the female college athletes won't be in court arguing that the men are being compensated while they are, for the most part, not, and that has to be a violation of some law or other.

[Lobot]

Associated twitter thread for the above:

https://twitter.com/MattBrownEP/stat...30198686801924

[Lobot]

Matr Brown in his ($) newsletter Extra Points makes the point that some of these NIL collectives are LLCs and some are 501c3. Those that are operating as a 501 might not be exempt in the end depending on how they spend their money. The article focus is on OSU.

https://www.extrapointsmb.com/nil-co...hio-state-irs/

[bearcatbret]

This is a smorgasbord of all things changing in college athletics. Future of Sports - College athletics: Staying true to the mission in a time of transition - Cincinnati Business Courier (bizjournals.com)

[leo from jersey]

Nick Saban: Current NIL setup 'creates a situation where you can basically buy players'

[Lobot]

UCATS usual method is to hit up the deep pocketed folks first to make sure they can get a project off the ground and gain momentum for it. The second wave is smaller donors and then casual fans. I'm not sure whether creating a 501 will follow a similar path or not.

We may not be behind and they just haven't announced the 501 yet but I was basing my opinion on the fact that several larger schools are out in front of us on the 501 announcement. I can never attend the Coffee with Cunningham meetings but if this didn't get discussed last go around, you can bet it'll come up in May's meeting.

[leo from jersey]

I haven't seen any deals announced, though I wouldn't expect to see all of them. What makes you think we are behind the competition?

Most of the established 501c3s have a web page for donations from all fans and not just the deep pockets. I have yet to see one advertised for the Cats.

[red_n_black_attack]

I know Leo will probably agree with me but does anyone else feel like UC is behind on this curve of getting a 501c3 set up for NIL?

I haven't seen any deals announced, though I wouldn't expect to see all of them. What makes you think we are behind the competition?

[bearcatbret]

I we were losing out on recruits to other schools because of the name on our jersey or the conference that we are in, we are now going to lose out because of the payday. This just makes it even more difficult to compete in the recruiting circles.