NIL Things - All Sports

[red_n_black_attack]

Looks like we’ve ratcheted up a level here:

https://gobearcats.com/news/2022/7/2...gh-impact.aspx

Does this mean the players won't need an agent to find deals? The one thing I dislike about NIL allowances is people like Drew Rosenhaus or Scott Boros can get a kid to sign with him before coming to college just to get the NIL deals. I understand that is one of the jobs agents do for their clients, but I dislike a kid being tied to one of these guys. I'd rather the NCAA only allow agents who not qualified/certified sports agents, or affiliated with one of the firms. I could be wrong for the umpteenth time today, but I feel that marketing agents may do a better job at finding NIL endorsements and not line the pockets of the super rich sport agents.

[Lobot]

Looks like we’ve ratcheted up a level here:

https://gobearcats.com/news/2022/7/25/cincinnati-athletics-partners-with-altius-continues-to-embrace-nil-through-impact.aspx

[bearcatbret]

From the article about the top 10 QBs for 2023 - Where the top 10 quarterback prospects in 2023 are headed (usatoday.com)
2023 QB Jaden Rashada has reportedly agreed to an NIL deal with Miami booster John Ruiz worth $9.5 million

[leo from jersey]

Nice piece in the Enquirer about how UC and Cunningham are stepping up. Great news. I get skyline sent up here so I am glad to support our OL NIL.

[Lobot]

The investigations by the NCAA have begun. First on the docket award goes to the U and local super booster John Ruiz.

https://www.cbssports.com/college-football/news/ncaa-meets-with-miami-booster-john-ruiz-as-it-begins-combing-through-nil-landscape-in-college-sports/

[London 'Cat]

I believe they structured these to 501 c3 non profit. I know giving to them is tax deductible

Giving and receiving are treated differently. If this is truly NIL compensation, it should be taxable income to the recipient. But, since tO$U plays dirty, I am sure they will find some way around it.

[leo from jersey]

Well, he's about to find out that free isn't totally free, when he files his tax return next year. Honestly, the value of his scholarship should be taxable as well.

I believe they structured these to 501 c3 non profit. I know giving to them is tax deductible

[longtimefan]

More more more - just a start
Ohio State quarterback CJ Stroud scored an NIL deal with Sarchione auto gallery that originally netted him a $150,000 Bentley Bentagya. Stroud actually chose a $200,000 Mercedes G-Wagon, in what he called a “game-day decision, "according to front office sports

Well, he's about to find out that free isn't totally free, when he files his tax return next year. Honestly, the value of his scholarship should be taxable as well.

[leo from jersey]

More more more - just a start
Ohio State quarterback CJ Stroud scored an NIL deal with Sarchione auto gallery that originally netted him a $150,000 Bentley Bentagya. Stroud actually chose a $200,000 Mercedes G-Wagon, in what he called a “game-day decision, "according to front office sports

[red_n_black_attack]

The sad thing as I project it, these players making so much money will become less hungry and thus less determined to be the best that they can be. I predict that there will be many players who were projected to be NFL draftees not going beyond college. Thus, no education, no more on the money teet of the boosters, and no job. Just a gut feeling. A sad feeling.

This is definitely a problem in the NBA where coaches are not much more than figureheads for when something goes wrong. The NFL is heading that path, but I think college won't because only a few players are "set for life" with an NIL deal and they will still want more from NFL. Plus the college coaches will sit 'em if not performing

[bearcatbret]

The sad thing as I project it, these players making so much money will become less hungry and thus less determined to be the best that they can be. I predict that there will be many players who were projected to be NFL draftees not going beyond college. Thus, no education, no more on the money teet of the boosters, and no job. Just a gut feeling. A sad feeling.

[Lobot]

Stroud is not the only one. Several QBs have struck deal with luxury dealership. Quinn Ewers, now at Texas, has an Aston Martin

[leo from jersey]

C.J. Stroud has made some excellent use of his NIL and will now be driving a brand new Bentley Bentayga, valued at $150,000, as part of a partnership with Sarchione Auto Gallery in Canton.

As part of the deal, Stroud will promote the auto dealership on social media and make public appearances at its gallery, the Columbus Dispatch reports.

According to The Dispatch, Stroud received offers from other car dealerships but was interested in this one after seeing former teammate Chris Olave driving a BMW X7 ahead of the NFL draft as part of a similar partnership. So he had his agency reach out, and they worked out a deal.

[leo from jersey]

I guess it had to happen, but now a basketball team (Duke) has hired a General Manager.

https://theathletic.com/news/duke-ba.../lUTm1AAXlDUs/

they don't call them a GM but tOSU and others have an employee in charge of handling NILs and a separate staff just for transfers. Big business.

[longtimefan]

I guess it had to happen, but now a basketball team (Duke) has hired a General Manager.

https://theathletic.com/news/duke-ba.../lUTm1AAXlDUs/