I don’t think it’s that low.
The programs with the big NIL $$ will far outstrip the G5 and lower level P5. It will get more and more exaggerated each year. There is no doubt there are a couple of dozen previously unknown diamonds coming available each year. But there are 75-100 teams chasing them. Including the big p-5 looking for quality bench players. Occasionally. a G5 program will strike it rich and get 3 or 4 recently revealed nice players. They will get in the dance and win a couple of games. But not beyond that.
500k is super low for a total NIL budget - that is the going rate for just 1 top 20 recruit - that is for 1 year
I see it heading the same direction. The elites want it this way. They’ll just get richer, the mids and lows will suffer.
It'll split back into the P4 division and the G5 division with 2 separate Championships, financial structures, etc. Money will go to P4, and then a smaller amount similar to structure now to G5s... on occasion P4s will poach top G5 markets or programs to increase market share, but really keep it clean and tight. G5s will complain that they've lost competitive ability and that the P4s have established a monopoly of sorts...
With the amounts being thrown around they don't have the recruits sign some kind of contract? I don't know anything about how they dispense NIL money.
The lack of NIL will keep us from being competitive nationally.
I don’t disagree with that at all. But position of past UNLV administrators has been that basketball will take care of it itself resulting in no commitment to the program. If you want to win there has to be a commitment to winning. It’s starts first with the salaries paid to the coaches. With recent changes next comes the commitment to raising money for the NIL. Neither is the responsibility of the coach. When Arkansas hired Calipari there was a commitment in place to pay him $8 mill and a commitment was already in place of $5 mill in NIL money. Cal didn’t have to go out and raise the $5 mill!
Some fans would want way more than a conference title or NCAA bid. Most fans would be ecstatic (at least for awhile) with that though. And we have the NIL to do that, we have the budget to do that. But we haven’t been close to that. Kentucky’s budget, KU’s budget, Duke’s budget have zero impact on UNLV’s lack of competing from within the MWC.
$5 mill seems like a lot but initially it was reported the Arkansas said the NIL for Cal was north of $7mill...did it just shrink?
It may be sad I have sunk to this but right now I would be happy with being the top of the MWC. Even though we wouldn't be nationally competitive. Being top of the MWC is way ahead of where we have been the past decade++.
Interesting tidbit.
All the billionaires in Nevada don't give a damn about college sports. Might be a few exceptions depending on the weather
Even 5M Is 400k average per player … that’s a lot.
Are schools under reporting the NIL money because of taxes reason? I would think the donation would be a tax write off for these corporations. We saw a glimpse of what Houston offered DJ.
Maybe it is more along the line of not making millionaires out of college athletes who in most cases never will come even close to playing in a professional league. You write that these billionaires in Nevada don't give a damn about college sports, and I see it as these are lower level professionals being paid way above what the market should be able to bear! It is already completely out of hand, and sooner or later the college system of sports is going to start to crash and burn for most of the colleges.
True that. Yet, these colleges need these players to keep them relevant. So, they have to pay.
Schools don’t have anything to do with it. I suspect the kid is on the hook. Which is going to lead to some sob stories soon, I bet, the I didn’t know variety.
If debt to their TRAINERS can cause kids to look for money deals and/or declare for the draft before they're ready, anyone can be in a kid's ear now.
Haha. Very true. I was thinking recently about how many of these NIL recipients will be receiving letters from the IRS.
If I do not pay my taxes on my income, I can get fined or even end up in jail, they are no different and must be under the same tax laws.
Yea we can blame CKK and UNLV for both of those. No HC experience. Not known for anything. . No other Div 1 school would of touched him with a 10 foot poll for the HC position . ITs not like he is charismatic! Do u think anybody with NIL money to spare is going to go to invest on a unproven coach? To me its what they call a bad investment. Yea lets invest $ and get mediocre results . This is UNLV/Vegas. Get the right coach and most of that falls into place.
It’s too bad folks can’t see this and make the necessary change.
I just think it’s going to be stepping stones honestly. There are only so many roster spots on a team. P5 are starting to learn to hit the transfer portal hard instead of HS. I think you’ll see mid majors get decent caliber HS kids that only stay for 1-2 years and then transfer up. Of course the McD’s will get theirs, but 4star guys I think we will see more of those types hit good mid major programs first
It doesn't qualify as a donation, because these players are employees and not a recognized charity, but it is possible that since they are employees, the money provided can be written off as a salary expense.
