Curious about NIL monies. These young people get all this big money. Some have an idea what to do with this sudden influx of cash but most don’t. Most won’t set $ aside for taxes. An agent could help them but that would make them a professional. Thoughts please.
Oh I’m sure their dads know what to do with the money.
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I think the NIL will erode college sports. We might as well just have Colleges own a semi pro team and put their names on the jerseys.
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I know we’re cheap. I’d rather have a kid who wants to be here then a kid who only wants to be here for 100k. I mean at that point how does a player keep their responsibility towards the company who paid them. Or how does the company make money? What does the player do if they can’t promote the school? Is the promotion after they go to the NFL or NBA?
What are we doing? Do we really want to go into a bidding war?
Will our donors put money up for players?
Will they do it yearly?
Will the pool go into an investment account and accrue interest over the course of the season before they take out money?
Will they continue putting money for players when there’s a lot of other things at UH that require donations?
Will Tillman do some sort of sponsorship when he’s helped us with so much more?
What’s our actual number of Big Donors who have the means or capital to get this done?
What’s the number amount smaller average donors would have to give in a pool to make up for the small big donors and how would we get involved without the school putting effort.
How many of our donors support getting players paid vs not.
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I’m not sure NIL will erode college sports since the game is not changing. You’re going to win or lose the game. The only thing changing is how athletes decide on a particular school. Wait, that hasn’t changed either.
Before NIL, athletes were given under the table money to help make their decision. The big brand schools are still buying the athletes they want but now everyone knows about it. Some people would prefer to keep the blinders on and act like players never got under the table money to make a decision on a school.
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Some. Most of us would throw a few dollars at a NIL pool. But not the crazy money a couple dozen schools will come up with.
Remember, the Ivy League doesn’t have athletic scholarships. I’d bet a few alums could make the upcoming NIL wars pretty interesting.
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What range do you think that a donor would throw at a player before they look elsewhere? Do you think UH donors would ever go for a Pool a la Cow, Farmers and Tortilla school?
Also wouldn’t the student still have to be admitted to the University based on Academics?
We all know this will be honored in form, but not in the real world.
The guidelines are:
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Deals cannot serve as recruiting inducements.
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Athletes cannot receive benefits without services given.
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Agents or representation are allowed for NIL benefits.
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Schools cannot be involved in creating opportunities for their athletes.
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Players cannot promote alcohol, legal drugs like cannabis, tobacco products, adult entertainment or gambling.
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I feel that now that it is “legal” its going to be worse.
I would say no, from the little boys table that I eat at. There may only be 2,500 us season ticket
buyers that could come up with $250,000/yr collectively. Small potatoes in overall scheme of things.
At the Big Boy table I don’t have a clue as to how many there are and if they want to pool
their resources in creating a few million per year slush fund or not. I suspect they are not
stepping forward at this point or it would be news. But it’s still early in the NIL era to see
if we can play.
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Agree, the pre NIL under the table monies were fewer in quantity and size. Not
really the same at all.
I’d be surprised if that last item can pass a legal challenge. Seems pretty restrictive in preventing
someone from making money. I like the moral and puritanical aspect it seems to be promoting,
but why should that come into interfering with legal products and right to make money.
NRG, those on the rosters of major league sports teams in the US can’t promote that stuff either. It’ll stand in court.
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Do you think the game on the football field is going to get worse?
But any thoughts on how these kids will learn how to manage their money? They will be getting 1099s and throwing them in the trash. Are they getting any guidance from school?
Man do I have some stories for you, size has not increased because of NIL. The quantity has because now that money can legally come from private businesses, more players are able to make money. Many of our athletes are making little money here or there who wouldn’t have gotten a dime in the past, but when talking about the elite recruits only thing that has really changed is most of it is public now.
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Yes. Every deal is cleared before they sign it. The school knows the exact amount they make and can provide all the resources needed to help with taxes.
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I feel like we are talking about two different things and its most likely do to my wording in the original post.
I don’t believe the NIL is a good thing for college sports period, not necessarily football. I agree that the big boys have been paying players to come to their schools since college football began but now that its “legal” the money and number of players involved will be a lot greater. When combined with the transfer portal, losing players after developing them for 1-3 years, is hard to build a program around. This will have a negative effect on the teams lower down the college football pecking order. More than it did prior to NIL.
This. NIL combined with transferring freely is a bad combination.
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