NIL Future

[Viper]

Why would the Saudis do this? At least their investments in golf have a potential financial benefit down the line. What is supporting a public university's basketball team going to do for them?

…hook, line, sinker

[Hards Alumni]

I don't recall I or anyone else here blaming the athlete.  That's not the freaking point.  I'd be pissed if Kam or if any of our players are/were poached but wouldn't be upset with them.  The current NIL system sucking has nothing to do with how much the NCAA has sucked.   

The tournament alone generates how much in revenue? Can they not distribute far more of this cash to the teams /players?  And add cash opportunities with jersey and likeness stuff?  Paying individual players salaries in the 1-5 million dollar range will not benefit the sport imo.  There needs to be incentives for staying at a particular school or some sort of cap.  The only way this is solvable is if some of the great minds here come up with better solutions.

Huh, are you not a capitalist?

[MU82]

Huh, are you not a capitalist?

Lots of Scoopers have been capitalists when it comes to their preference for how the U.S. economy should function. Unless the subject is college athletes.

IIRC, hoopaloop/chicos/Cheeks even admitted as much.

[Pakuni]

Former Florida football recruit (and current Georgia QB) sues coach Billy Napier and a UF booster over a $13.85 million NIL deal that fell through.

https://www.cbssports.com/college-football/news/georgia-qb-jaden-rashada-sues-florida-coach-billy-napier-among-others-over-botched-13-85m-nil-deal/

[muwarrior69]

Except there is no real evidence that fans are being driven away from college football or college basketball.

And while I agree that conference realignment is greed, I don't think NIL is. The current NIL environment is all about the NCAA and its member school digging in on amateurism until it lost control of its own destiny. The fact is many college athletes had values greater than their scholarships, and now we are living in an environment where they are allowed to max out those values.

And honestly good for them. There has been a lot of money flowing around intercollegiate athletics for years and it has mostly been used to build fancy new buildings and enrich the coaches and administrators in charge. So I am not going to hand-wring about Jonas Aidoo getting $1.4 million.  I have no idea if its sustainable or not. That's not my problem. It certainly isn't Jonas' problem. Grab that bag! Be smart with it. You will have a jump start on life that 99% of people your age won't have.

So don't blame the players because the adults in charge were unwilling to change. If everyone could go back a decade, the path would be easy. But a lot of people were paid a lot of money to be "in charge" of something. And they ended up REALLY bad at it.

I don't blame the players at all. I just don't see how Marquette will be able to compete at the elite level and win Championships, and especially if the NCAA will pay out of basketball revenues any antitrust settlement. In the end it probably won't matter as the NCAAT will be gone as we know it after 2032 when the network contracts expire.

[lawdog77]

Miami NIL kingpin LifeWallet about to close.

[WhiteTrash]

Miami NIL kingpin LifeWallet about to close.

$211M loss on just $7.7M of revenue????  Damn! That ship is sunk.

[Jay Bee]

Who's guilty of greed here?

The students!

[The Lens]

I think this deserves a separate thread.  Personally I hate it,  but get that these are the times.  I also think realignment is awful  as well.  Imagine being in the B20, not having charter planes, and going to a mid-week track meet from Cali to College Park?  Anyway, will there be an NIL cap and can MU compete with schools with much larger endowments and alumni bases?  Will it get to a point where Ivies and Stanford for example just pay for the best talent?  All of this concerns me.  I'd prefer not to get rid of my islands and planes. 

I realize I’m months late to the party here but Mugs, you’re showing you don’t much about college sports if you think student athletes compete mid week in track at a conference opponent.   

Take T&F or XC for example.  All of those events are held on weekends (typically Fridays but not always) and usually at various invites that you control where you go (most are regional).  You only see your conference foes at the conference meet.   MU is not playing St John’s in Track on a Wednesday in Jamaica. 

[Jockey]

 

The tournament alone generates how much in revenue? Can they not distribute far more of this cash to the teams /players?  And add cash opportunities with jersey and likeness stuff?  Paying individual players salaries in the 1-5 million dollar range will not benefit the sport imo.  There needs to be incentives for staying at a particular school or some sort of cap.  The only way this is solvable is if some of the great minds here come up with better solutions.

Asking questions like these just further reinforces my belief that you are a 13 year old with nothing better to do than attempt to talk sports with adults.

[pbiflyer]

Oklahoma State coach Mike Gundy told players to stop ‘asking for more money’ and NIL deals, focus on football
https://sports.yahoo.com/oklahoma-state-coach-mike-gundy-told-players-to-stop-asking-for-more-money-and-nil-deals-focus-on-football-014016634.html

OSU players after a big play:

[Pakuni]

I imagine Tennessee won't be the last to do this ....


Tennessee is preparing for a world in which schools pay athletes directly by charging fans a “talent fee” to pass along to the players.

Though the House v. NCAA settlement that would usher in the era of revenue sharing has yet to be approved by a federal judge, Tennessee athletic director Danny White told On3 that his school will implement a plan to add a 10 percent surcharge to all season and single-game ticket sales. If the settlement is approved, schools would be allowed to pay about $22 million a year to athletes beginning in the 2025-26 school year.

White estimates that with the new roster caps included in the settlement — which would raise the number of available athletic scholarships — the actual cost is closer to $30 million a year. Tennessee hopes to recoup about $10 million of that through the surcharge, which will come in addition to a football ticket price increase averaging 4.5 percent across all seats. Knowing any hike in ticket prices would produce consternation, White and his team decided the best way to handle this one was to explain which part of the new money will be earmarked for the players.


https://www.on3.com/news/tennessee-to-add-10-percent-talent-fee-to-ticket-prices/

[Uncle Rico]

I imagine Tennessee won't be the last to do this ....


Tennessee is preparing for a world in which schools pay athletes directly by charging fans a “talent fee” to pass along to the players.

Though the House v. NCAA settlement that would usher in the era of revenue sharing has yet to be approved by a federal judge, Tennessee athletic director Danny White told On3 that his school will implement a plan to add a 10 percent surcharge to all season and single-game ticket sales. If the settlement is approved, schools would be allowed to pay about $22 million a year to athletes beginning in the 2025-26 school year.

White estimates that with the new roster caps included in the settlement — which would raise the number of available athletic scholarships — the actual cost is closer to $30 million a year. Tennessee hopes to recoup about $10 million of that through the surcharge, which will come in addition to a football ticket price increase averaging 4.5 percent across all seats. Knowing any hike in ticket prices would produce consternation, White and his team decided the best way to handle this one was to explain which part of the new money will be earmarked for the players.


https://www.on3.com/news/tennessee-to-add-10-percent-talent-fee-to-ticket-prices/

https://x.com/byjoelanderson/status/1836049246329716874?s=46&t=QSiaGcOIKZrrpw0ciZkI5Q

[tower912]

They did raise the prices.   Anyway, taxpayer funded NIL?   Crony capitalism.   Taxpayers assume all the risk.   Deep pockets see all of the gain.

[Uncle Rico]

They did raise the prices.   Anyway, taxpayer funded NIL?   Crony capitalism.   Taxpayers assume all the risk.   Deep pockets see all of the gain.

Interesting they chose to frame the price increase this time with NIL as a reason.

Tennessee did buyout a coach 18-months after handing him a 5-year, $20 million deal.

[tower912]

Not that interesting.   Boringly predictable. 

[Pakuni]

Interesting they chose to frame the price increase this time with NIL as a reason.

Tennessee did buyout a coach 18-months after handing him a 5-year, $20 million deal.

I think rather than trying to make the players look bad, like your tweeter suggested, I think it's a way of selling a price hike in a way the fans are more likely to accept.
Hard to sell a 10% ticket increase to fund bloated administrative costs or coaching salaries. Tell fans you're using the money to buy a few 5-stars, and they'll happily fork it over.

[WhiteTrash]

I think rather than trying to make the players look bad, like your tweeter suggested, I think it's a way of selling a price hike in a way the fans are more likely to accept.
Hard to sell a 10% ticket increase to fund bloated administrative costs or coaching salaries. Tell fans you're using the money to buy a few 5-stars, and they'll happily fork it over.

That does not fit the agenda. Hard Pass.

[Uncle Rico]

I think rather than trying to make the players look bad, like your tweeter suggested, I think it's a way of selling a price hike in a way the fans are more likely to accept.
Hard to sell a 10% ticket increase to fund bloated administrative costs or coaching salaries. Tell fans you're using the money to buy a few 5-stars, and they'll happily fork it over.

In some places, I suppose. 

[Uncle Rico]

That does not fit the agenda. Hard Pass.

What agenda?  Players have been under compensated for a century and college athletics haven’t been anything close to amateur near as long?  Not in this case.

In this case, universities are beginning to understand they could have avoided all this decades ago but buried their heads in the sand.  In doing so, it’s the consumer that will have to help pay for their malfeasance

[WhiteTrash]

What agenda?  Players have been under compensated for a century and college athletics haven’t been anything close to amateur near as long?  Not in this case.

In this case, universities are beginning to understand they could have avoided all this decades ago but buried their heads in the sand.  In doing so, it’s the consumer that will have to help pay for their malfeasance

The agenda that everything the schools do is out to screw the players and make them look bad.  Sometimes an itemized fee is just that, and not a PR stunt to make the players look bad.

Everyone is getting paid now. Exhale.

[Uncle Rico]

The agenda that everything the schools do is out to screw the players and make them look bad.  Sometimes an itemized fee is just that, and not a PR stunt to make the players look bad.

Everyone is getting paid now. Exhale.

It’s not a PR stunt to make players look bad but they specifically noted it’s to “help” pay for players which universities can’t do at the moment.

[WhiteTrash]

It’s not a PR stunt to make players look bad but they specifically noted it’s to “help” pay for players which universities can’t do at the moment.

"These schools are fools for not getting ahead of this paying the players issue"

"These schools are fools for getting ahead of this paying the players issue"

 

[Uncle Rico]

"These schools are fools for not getting ahead of this paying the players issue"

"These schools are fools for getting ahead of this paying the players issue"

 

They are.  Given the millions they’ve reaped in TV revenue and fundraising, they could have been ahead of the game and formulated a plan that doesn’t require raising ticket prices on the consumer and lying to them saying it’ll help buy players

[PointWarrior]

for those that laughed at the thought of the Saudi's getting into the NIL business:

https://www.sportsbusinessjournal.com/Articles/2024/08/23/university-of-colorado-nil-saudi