Ohio St says it needs 13 million a yr for football, 36k is small time. I know miami signed kid for 800k a yr. SMU is paying motel 8 money.
SMU to pay $36,000 per player in Football
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Remember this is for every member of the team. Not everyone can be a star player. You know the 2nd and 3rd string guys will appreciate this. This is a good thing and hopefully we will do something similar.
I am sure every 1st or 2nd string makes 100k and up. But I agree 36k for 18 yr freshman plus scholarship is great.
It depends on their agreement. I'm sure if in their contract it will have stipulations.
If I was writing a deal, I would definitely put that in the contract.
Me, too, Dcut. But, I wonder if that would be allowed.
Bet your boots, though, the biggies will make it work for them,
Bet your boots, though, the biggies will make it work for them,
I don't see why not. There aren't any rules within the NCAA for this. The one paying the money makes the rules!
A national company probably wouldn't care. In fact it is their best interest if the player can shine. So they may encourage a player transferring.
THough the majority of these kids will be getting local deals, so that may actually reduce transferring.
I am curious what the owners of these companies, who are paying for the multi million NIL deals, are going to tell their employees when they don't get a pay raise? I wonder how many employees who work full time jobs will make less than a player with an NIL deal?
It is their risk to take.
It they feel having a college player as a spokeperson will help their business so be it.
If it is just some wealthy booster trying to nab a player, then he can do what he wants with his money. I think that is a poor investment. There is always a chance they are a bust, or worse, they bolt after one year.
Personally I think it is poor economics to use a unproven college player to help you sell stuff. At 6 figures +. I cannot foresee this kind of thing being sustained year over year. Not by the same people, unless they are Jeff Bezos or something.
There are over 700 billionaires in the United States to go with tens of thousands Of people with more than 500 million. I don’t know what it is, but there is some number of this group that will spend nearly anything to get the athletes they believe they need for a championship. People with that much money will spend nearly anything in pursuit of their hobby or interest. Take Larry Ellison for example. In 2013 he spent three hundred million dollars to win the Americas cup. Guaranteed, there are people that will spend huge sums of money in the next 5 to 10 years to win a football championship. Salary caps are the only thing that keep billionaires from buying the best pro team. The NCAA does not have a salary cap because they are not involved in paying this money. I don’t think anything will stop some people from paying their players huge sums of money. College players will eventually make more than they do is pros.
This has already happened at OHST. 5 star QB transfered to Taxas after spring ball. He signed his NIL deal before he actually played at Ohio state.
Wasn't it Tark that talked about letting the players get their car before transferring into UNLV or something like that? Good strategy.
While it can't be based on performance, can it be based on actually participating? Like a signing bonus in the NFL where the guy needs to remain on the roster beyond a certain date to collect it? This happened to an ex-patient of mine. He was sweating that deadline day.
Right now there are two rules that cover Nil. The first is a company cannot pay a player to come to school. They can only sign players that I’ve already committed. The second is you can’t pay a player for performance. For instance, you can’t pay a player $80,000 a year if he gains 600 yards and a $1 million a year if he gains 1500 yards. Both of these rules were installed by the NCAA. There has been no enforcement of these rules yet. When the NCAA chooses to enforce one or both of these two rules expect a lawsuit to establish if they have the authority to regulate NIL.
But once the “advertising” for how much a company is willing to pay a star freshman … it becomes a recruiting tool. And big schools will be on the battlefield to establish who would pay most. So yeah, there’s that rule … but it’s kinda like jaywalking being a law.
They allowed Pandora’s box to be opened. Now the best they can do is give the very weak illusion of policing the situation.
Will the NCAA have any power at all? What power will it be? These questions will be decided in the courts. It’s very possible this could be the end of the NCAA.
At which point I think the arguments become, are they employees? Independent contractors? etc.
It's likely to get messy at some point.
(Messier than it is now)..
As disliked as the NCAA is by and large,
What's the old saying about the Devil you know?
Tark said he loved transfers as their cars were paid for. Of course this was a dig at other schools cheating and the NCAA after Tark for any little thing David Berst could come up with.
