https://cyclonefanatic.com/forum/threads/don’t-donate-to-“the-collective”.271391/
Tyrese Hunter Entering the Transfer Portal - NIL Speculation
- Thread starter cyfan92
- Start date
The worst example is Arkansas who has big $ donors like Jerry Jones and the Waltons and have a roster of 20 players that are bought.
Absolutely. Fortunately for Shaq, he was Shaq, and could look forward to many more pay days. These kids may only get a few.
Maybe the only thing is the boosters paying the salaries. If I had 2 million to spread around to players, I'd rather do it on multi-year deals for several players vs just one player for one year...with the possible exception of an absolute superstar.
I just wonder how those contract would work. I'm sure it's possible for Joe Booster and his pretend "likeness endorsement" deal to put in writing that the player gets 200k this year and 400k next year...but if they stipulate the player has to play for Kentucky and be a Kentucky student both of those years is that a violation?
nobody blames him for leaving for that, people just wanted to see this get under control or its going to get really, really messy quickly. Simply put some rules for caps and tampering in place would be a start.
if there isn't a cap the amounts are just going to spiral out of control. what we are seeing that and we are only a few months in.
It'd be hilarious if Bill Clinton was a bigger fan and threw in some money. Not to get it caved but I'd love to see the average voting Arkansas fan wrestle with Bill Clinton buying them an NFL offensive line, I have a feeling we'd have some sudden change of heart.
Players and coaches seem to be going to the US Senate at light speed with no experience, maybe some wealthy politicians will go back the other direction and buy their local schools some pro players.
I don’t get all this stuff,but i’m 58 years old, but how is this no different than the shoe companies that steered players to certain schools?
Well first of all these NIL deals are with greasy agents and agencies. Not the schools. I doubt even the schools 100% know what's in all the deals these kids are signing for. Sure, can the school tell a young man whose never had anything in his life to hold back $300k of his one million dollars for taxes later down the road? They absolutely can. But when all is said and done, and that kid flames out of college basketball, guess whose gonna be there to help him out come tax time? The IRS. That's about it.
I don't think anybody gets it and that's what makes it a fun/terrifying discussion.
I don't think the NCAA has any idea what they are doing with any of this.
I do know as an ISU fan, if I had Jeff Bezos money I would probably donate tons to real charities, but I might be fine with getting ISU a Natty for 50 million one cycle or something.
Would I give 10 million to 5 players for one year? Hell no. I don't know that I'd make any one year deals if it was possible for me to structure multi-year deals. Maybe for a player as physically dominant as Shaq or Zion or LeBron I'd do a one year deal. Anybody else I think it's crazy for a booster to give over 500k for one year to a kid who is in HS or not good enough to have gone to NBA already. Maybe a handful of sophomores in football who aren't allowed to go to NFL.
Were you feeling ignored and left out, and needed to make this attention grab?
I haven’t heard of a school yet that doesn’t require a student athlete to report their deal and the terms of it to Compliance. Iowa State does. I don’t care if it is a slime ball agent deal, every school will require it be submitted to compliance.
Everytime I see this linked in another thread, I am heading over to 'We Will' to donate more.
There's no way this is correct. What advantage is there in working with an agent if you are locked in at the same amount no matter what? I mean, I would think Iowa State could have easily said scrap the agent we can get you $50,000 on your own.
There's no way he isn't also getting back a percentage of his NIL deal, especially with Goodman quoting 15-20% fees for these agents.
I mean, ok, but those numbers are likely nowhere close.
I'd imagine it works like most deals with an agent. They get you some money up front, they work a deal for you and collect a percentage. The more money you make, the more money everyone makes.
It's all icky feeling, but let's not act like Tyrese doesn't walk away with the bulk of the cash.
