NIL + transfer portal impact on CBB | Page 3 | The Boneyard

NIL + transfer portal impact on CBB

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Kitaman said:
Anyone know a good website like 'NIL for dummies', that explains all this?
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The Miami athletes will do commercials for Lifewallet. Like these.

 
HuskyHawk said:
The Miami athletes will do commercials for Lifewallet. Like these.

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It would be hilarious if Wyoming behind Jeff Linder won the National Championship with Hunter Maldonado and Graham Ike selling discount $5 dollar tee shirts! :) Which they are.

College basketball deserves it.
 
College basketball is about to be officially dead as we know it. This is absurd.

The NCAA needs to step in and create some sort of program salary cap for NIL. If you have players earning over a collective $2M per year or whatever, your team is ineligible for March Madness. They cannot let this run wild like this
 
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Hey Guys, We'll just have to wait & see if this current money-straitjacket, greedy feeding frenzy is something which is good or bad for college hoops, & how many of us can abide these changes.

Money has also been a part of the college game. I remember the point shaving scandals of the 50's, 60's & 80's. I remember playing in the old MSG & watching through the smoke, the first 30 rows - mostly gamblers in sharkskin suit & smoking Cubans - overreacting to seemingly meaningless shots by scrubs at the end of games. I always let my teammates be aware of the point-spread so they wouldn't be the guy who hit that shot & became instant targets.

But now, college hoops has no rules anymore & the inmates are running the asylum. The NCAA oversight is dead. And of course, the shady folks (mainly unscrupulous agents, boosters, coaches, universities & parents) will exploit the situation - now right out in the open. You don't need to leave an envelope anymore.

When I was a kid, my whole goal was to play college basketball & get a free college education - worth then around $6000 for four years. There were mostly good people in the game then & my goal gave me a hoops & academic focus I may not have encountered otherwise. I met my goals & went on to play pro in Europe & also got a MBA from Yale.

But now? Just watch how many of the quality people leave the game or retire early with these insanely greedy changes. It's already happening in both hoops & football.

Of course, most of today's kids don't value a $250K free college education anymore. Many would never qualify for admission. Few even go to class. But now, they will enter the transfer portal every year to make sure that every one of their "uncles" gets paid by the new school. The Largest & Highest bidders will win that game.

Yes, we'll have to wait & see as this all swirls around us & high school kids become millionaires, get shoe deals & drive Ferrari's (hey, LeBron drove a Hummer H2 as a kid). But honestly? These changes really hurt my college hoops lovin' heart.

Father Demo
 
FfldCntyFan said:
For the record, the totally different world is the one up there, not the one down here.

Dalio (other than that he donated quite a bit of money to improve sate funded education at all levels) would have zero reason to donate to improve the performance of our athletic teams.

Cohen, as owner of the Mets (not sure of the SNY ownership) could however find a way to monetize improvement of a product that SNY uses to fill out offseason content.
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Interesting comment on Cohen and SNY. That’s creative and commercial.

We’ll probably need some blend of the following:

  • Handful of Big time nba players offering some access, lifestyle amenities, and tutelage
  • UHNW alums seeding a hoops endowment of $75M+ that can spit out annual NIL payroll along with growth and inflation.
  • Regular fans and boneyarders making monthly payments into said endowment to keep it growing until it’s self-sustaining in 10 years

It seems like a dream but it’s probably close to what will happen at Duke or USC

Wait until teams start offering ISAs
 
aburks41 said:
College basketball is about to be officially dead as we know it. This is absurd.

The NCAA needs to step in and create some sort of program salary cap for NIL. If you have players earning over a collective $2M per year or whatever, your team is ineligible for March Madness. They cannot let this run wild like this
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I agree, college sports as we have known them, are dead, but why would the NCAA do anything but watch this debacle? They will do nothing and say we told you so and/or defer to Congressional action, if that even happens. Maybe I’m old school, but I prefer the secretive shenanigans to overt free agency any day of the week.
 
Huskymagic said:
NIL and free transfer mercenary portal has catapulted the SEC in college basketball in a great position moving forward in college basketball.

The Big East now especially with the retirement of Jay Wright is in trouble. We will be relegated to below the the PAC-12 level in basketball. Big East schools will have difficulty keeping up.

UCONN can play the pay to play game, but the rest of the conference cannot.
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Yes this totally favors football schools. Hate it.
 
UofCT said:
Our goal is to win championships and you don’t need these one and done / two and dones to win. Let’s stay the course. Develop players, recruit right fit players, leverage the portal when needed and our time at the top will come again.
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All but the very best 1st rounders will have the incentive to stay in school with secure money rather than risk flaming out in the league. It may keep more of the two and done kids in school. On the other hand, professors may find they like the extra cash from kids offering them a cut so the players don't need to go to class to boot. (hopefully sarcasm about the next logical development)
 
I will be interesting to see how this impacts the IARP review at Kansas and other schools. Adidas funneled about $90k to Billy Preston’s family and $2500 to Silvio DeSousa’s guardian (and discussed more because they had taken $75k from someone on behalf of Maryland but never paid it). That’s pretty small time compared to all of this now happening openly.

Aside from a group of NIL businesses, I wonder if UConn can hire Heather Austria as a social media advisor for all athletes. That would be a nice perk.

Adidas Executive And Two Others Convicted Of Defrauding Adidas-Sponsored Universities In Connection With Athletic Scholarships
 
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Look for the D’Amelio’s to help UConn on this. Them being willing to cross market with UConn athletes on social media would be a big help in athletes generating money on social. Aside from that, there is a lot of money flowing to that family. They may be willing to part with some of it to be UConn royalty.
 
Hoophound said:
Look for the D’Amelio’s to help UConn on this. Them being willing to cross market with UConn athletes on social media would be a big help in athletes generating money on social. Aside from that, there is a lot of money flowing to that family. They may be willing to part with some of it to be UConn royalty.
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It’s not just money with them, it’s exposure. That’s why Heather Austrie could help too. One TikTok with Charli is going to earn you money continuously from the new followers.

If you are smart, (and let’s be honest some poor kids won’t be and will chase life changing money for them) building a strong social media profile is going to earn you money continuously over years. A commercial with a company like Lifewallet is a one time payday. I think this is the best way for UConn to approach this space.
 
HuskyHawk said:
It’s not just money with them, it’s exposure. That’s why Heather Austrie could help too. One TikTok with Charli is going to earn you money continuously from the new followers.

If you are smart, (and let’s be honest some poor kids won’t be and will chase life changing money for them) building a strong social media profile is going to earn you money continuously over years. A commercial with a company like Lifewallet is a one time payday. I think this is the best way for UConn to approach this space.
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That was my point. If Charlie D’Amelio will help Stephon Castle build a huge social network it is very valuable.
 
superjohn said:
It's horrible for the sport and I don't know why some on this board are pretending it's not. It forced Jay Wright to retire 10-15 years before his time and my guess is it forced Roy into hanging it up early. The sport is on a really bad course with this stuff.
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Yeah. This. College hoops as we knew it is over . We were lucky to live through what will be looked as the golden age, which I would say was 1970 -2020. There were definitely many abuses and charades during that period that needed addressing and needed to be cleaned up.

This was not the answer to that.
 
NIL has been good for the women....it may ruin the sport, but female athletes can now make the bucks...

An analysis by NIL Opendorse shows that women's basketball is second to football in the percentage of total NIL compensation by sport. It's higher than men's basketball in the ranking as of July 2021. Also rising: women's swimming and diving, women's volleyball and softball.

Yahoo Sports reports that Bueckers can make up to $63,000 for a single social media post — more than nine male players in the Sweet 16 combined, sharing her brand with almost 1 million followers on Instagram alone.. She also is filing a trademark for "Paige Buckets."
 
If I were a current player on a d1 team, and I just found out our boosters are now paying another player to transfer to my team, wouldn't I be asking for mine?

Seems to me you need a constant flow to the whole roster.
 
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Hoophound said:
That was my point. If Charlie D’Amelio will help Stephon Castle build a huge social network it is very valuable.
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Yes, the whole family. I was just adding that Craig Austrie’s wife Heather has a whole business doing that. UConn has some good connections in that space.
 
Lol @ the doomerism in this thread. Both Castle and Newton are big time prospects from Georgia yet neither are going to an SEC school or all the other scary monsters under the bed thrown around here. Why?
 
Most nba players (role players) don’t even get anything close to this in endorsements. Why? Because it doesn’t make financial sense for a company to waste money on people the public doesn’t know or care about.
 
What is the legality of us playing a home game or two at Mohegan in exchange for them just so happening to funnel some NIL money to our future UConn NIL Collective? Maybe a little quid pro quo but does the NCAA really care anymore?

Feel like we should be getting the casinos on our side if they can help us out..
 
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more than NIL, the transfer portal is the game changer imo. old school recruiting culture coaches need to adapt
 
aburks41 said:
What is the legality of us playing a home game or two at Mohegan in exchange for them just so happening to funnel some NIL money to our future UConn NIL Collective? Maybe a little quid pro quo but does the NCAA really care anymore?

Feel like we should be getting the casinos on our side if they can help us out..
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Anything seems to go these days so why not?
 
the nil really might be the ncaa's greatest scam.

hey we make billions just from the NCAA tournament rights, the conferences are racking upwards of $50 million dollars a year per school from their own tv rights....but sorry mr. wealthy donor gonna need you to fork over more money to pay this recruit/transfer or else our biggest rival will do it and land the player instead.

absolute fraud of a system. ncaa wins again.
 
kobe said:
the nil really might be the ncaa's greatest scam.

hey we make billions just from the NCAA tournament rights, the conferences are racking upwards of $50 million dollars a year per school from their own tv rights....but sorry mr. wealthy donor gonna need you to fork over more money to pay this recruit/transfer or else our biggest rival will do it and land the player instead.

absolute fraud of a system. ncaa wins again.
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Agreed. Some profit sharing model would make much more sense.

The real question will be, will players changing schools every year end up hurting the product enough to hurt viewership? If so, they obviously have a lot of innovation to do in terms of the structure, and we all know how good the ncaa is at that.
 
kobe said:
the nil really might be the ncaa's greatest scam.

hey we make billions just from the NCAA tournament rights, the conferences are racking upwards of $50 million dollars a year per school from their own tv rights....but sorry mr. wealthy donor gonna need you to fork over more money to pay this recruit/transfer or else our biggest rival will do it and land the player instead.

absolute fraud of a system. ncaa wins again.
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You think the NCAA is pocketing billions?
 
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