NIL Things - All Sports

[bearcatbret]

May 13 big "513 Day" Cincinnati Athletics Partners with Cincy Reigns for 513 Day, Other Initiatives - University of Cincinnati Athletics (gobearcats.com)
There are other articles out there as well.

[Lobot]

Can anyone make an intelligent guess as to the monetary value of a typical NIL deal for basketball?

I have heard that we have one player with a 300K deal but I don't what the terms are. Length etc.

[DesertFog]

Can anyone make an intelligent guess as to the monetary value of a typical NIL deal for basketball?

[leo from jersey]

From tonight's WLWT5 news. UC among top universities in helping student-athletes land endorsement deals (wlwt.com)

this is groovy.... Can't wait to see the fruit of it. It has to be huge in order to beat that team a few miles to the North.

[bearcatbret]

From tonight's WLWT5 news. UC among top universities in helping student-athletes land endorsement deals (wlwt.com)

[Lobot]

Done deal, Dartmouth has a union.
NLRB certifies union to represent Dartmouth basketball players - ESPN

I need to read up on this more but I'm curious how this works from an Ivy League perspective since they don't offer scholarships. Does this even translate well to scholarship athletics on other conferences?

[bearcatbret]

Done deal, Dartmouth has a union.
NLRB certifies union to represent Dartmouth basketball players - ESPN

[bearcatbret]

100 Female Student-Athletes attend a NIL event. 100 Female Student-Athletes Receive NIL Deals at Second Annual ‘In Her Likeness’ Event - University of Cincinnati Athletics (gobearcats.com)

[bearcatbret]

Donor fatigue ($)

https://theathletic.com/5321481/2024...nors-nil-fans/

I believe that the donor fatigue is probably true. However, most of my friends and family are not that interested in following anything outside of the game itself. They do not know what NIL is or the employee-player model, or even TV revenue. This is especially true with the tosu fans that I know.

[Lobot]

Donor fatigue ($)

https://theathletic.com/5321481/2024...nors-nil-fans/

[bearcatbret]

I think that you may see more employee-athletes being fired due to performance. I wonder how this would have affected Colorado's off season last year where coach prime got rid of more than half of the team. In the PAC, the university must continue to pay for the athlete's scholarship if they somehow get cut from the team. With the new employee status, would that eliminate the requirement to continue to pay tuition for the fired athlete? This whole thing just creates a whole new can of worms.

[Lobot]

This is strictly NIL and not a legal thread issue. I've seen two different articles from Extra Points and the Athletic basically saying that the NIL problem will solve itself in acouple of years. Becuase of what happened with Dartmouth basketball yesterday, when the players get around to becoming employees of the university, it's extremely unlikely that NIL Collectives will continue to exist. The idea being that most donors aren't going to chip in money to pay, subsidize, or provide bonus money for the salary of an employee of the University.

In UC's world this probably means Cincy Reigns will eventually dissolve and some of it's functions will be brought back in house to the Athletic Dept.

As far as UCATS goes, I think it sticks around and that will continue to be an avenue for facilities upgrades and operations money to keep the engine running.

[Lobot]

Sources: Tennessee Under Potential NCAA Investigation for NIL Violations in Multiple Sports

https://www.si.com/college/2024/01/3...ultiple-sports

There will be lawsuits.....

[GoBearcats31]

Sources: Tennessee Under Potential NCAA Investigation for NIL Violations in Multiple Sports

https://www.si.com/college/2024/01/3...ultiple-sports

[Lobot]

I just took a stab at searching the IRS site for Cincy Reigns. They have not been approved as tax exempt yet, so no public filing of Form 990 was required.