I think long-term the dollars it's going to eventually catch up to UCONN without being in a P5.
I think long-term the dollars it's going to eventually catch up to UCONN without being in a P5.
My wife did all the heavy lifting.Sounds like you raised a fine young man.
Congrats.
Under the NCAA rules, the schools cannot participate in the NIL contracts. It has to be a completely private transaction. I think NIL opportunities will be known by top recruits BEFORE they arrive on campus and that will factor into their decision. Do I play for college X that has little or no national exposure and maybe have a few intrastate deals or do I play for UCONN, SC, or Stanford ( as examples) that have visible national programs and get national deals.To be more precise, NIL contracts cannot be used in advance as a recruiting inducement. Recruits will undoubtedly be aware of which schools present better NIL opportunities once they arrive on campus. NIL will have a bearing on recruiting, just as the opportunity to play for a championship under a talented coach who’s players develop their potential and usually end up in the pros.
The product or patent will belong to the university absent a special contracted deal.If a student works on something groundbreaking and it leads to patents and licensing income, or additional grants, for the university what is the researchers' cut? Research dollars usually are far bigger than sports dollars, so I'm wondering if a similar situation doesn't exist in that case as well. Does anyone know how that works?
My friend was wondering if this could potentially lead to Duke leaving the ACC for the SEC in 4 to 5 years. We all know how much money the SEC's football programs rake in. Duke is improving and many are speculating that the SEC's deep pockets will bleed over to basketball. If there is an offer, I agree with my friend that Duke would take a long hard look at it. They lose the b-ball rivalry with NC and a few others for sure, but Kentucky becomes an instant in-conf. rival.The SEC has been on top of this for a couple of years. I know at SC they have hired a firm that has been instructing athletes about NIL for the past 2 years. It includes how to hire an agent, that the money earned will affect the amount of Pell grant they receive, etc. Once big change is going to be the fact that athletes can now purchase items, autograph them, and sell them. Imagine putting a signed basketball on Ebay and auctioning it off. What a coach can't do is say come to X school and we'll get you to be a spokesperson for a car dealership. It doesn't say they can't mention NIL. Athletes can now be paid for speaking engagements. A'ja Wilson would have made a fortune on that.