NIL + transfer portal impact on CBB | Page 9 | The Boneyard

NIL + transfer portal impact on CBB

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HooperScooper said:
Does this pertain to transfers also? Because that NIL deal with Nijel Pack and a Miami booster is obviously against those rules.

Shortly after his signing was announced, Life Wallet owner John H. Ruiz posted on Twitter that his company had inked Pack to an $800,000 NIL deal that includes a new car. It is the biggest NIL offer so far from Ruiz, whose deals with UM athletes are resulting in national publicity for his digital health care business that was launched in January.

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I believe that it does and I'm pretty sure that in another thread there was a discussion on how toothless the NCAA was in response to abuse by boosters in general and Miami specifically.

Prior to Wong threatening to leave (which would have exposed if his deal was Miami specific if he did leave), it should have been possible for those involved to present it as if it wasn't school contingent and that there was no recruiting/influencing by a booster.

I imagine that as with most things the NCAA didn't expect the immediate run on NIL deals for transfers and didn't have the fortitude to do anything to bring it under control.
 
HooperScooper said:
So are they saying that Nijel Pack knew nothing about his $800,000, plus a car, NIL deal before he signed with Miami? A deal he inked seconds after signing with Miami. Sounds totally legit, right? :rolleyes:

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The risk is a corrupt NCAA and selective enforcement. If you're in the club, you can induce players to come to your school with NIL, and the hammer will never come down on you. If you're a threat to the club, you get investigated and punished for inducing enrollment with your NIL.
 
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XavierFan said:
And yet NIL is showing there is obviously a market for the players beyond a scholarship. Shocking.
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Its strange because there is a market, but besides a super-phenom, a hot chick, or a player that has already built a large social media presence the market isn't based on helping companies increase their revenues or even their visibility. Its basically just rich fans with businesses who want to see their teams win. And that's fine but lets not pretend its a "market" in a true business sense. I actually find it fascinating.
 
August_West said:
me too. But this isn't revenue sharing. Schools and NCAA are keeping everything they had before. This is dark money booster crap. Schools ain't paying, neither is NCAA.
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What I don't understand is why people have been saying forever that the NCAA has to pay everyone and they could've avoided all of this if they just paid everyone. I think people are under the impression the NCAA has billions and can pay everyone all that money. The money isn't there, it never has been.
 
superjohn said:
What I don't understand is why people have been saying forever that the NCAA has to pay everyone and they could've avoided all of this if they just paid everyone. I think people are under the impression the NCAA has billions and can pay everyone all that money. The money isn't there, it never has been.
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Schools don't have it either. Most of them at least.
 
superjohn said:
What I don't understand is why people have been saying forever that the NCAA has to pay everyone and they could've avoided all of this if they just paid everyone. I think people are under the impression the NCAA has billions and can pay everyone all that money. The money isn't there, it never has been.
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The highest paid public employee of every state is a coach. I think you all underestimate how much money is in college athletics, severely.
 
XavierFan said:
The highest paid public employee of every state is a coach. I think you all underestimate how much money is in college athletics, severely.
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no one is underestimating. it sounds like you are saying the coaches and ADs should be paying the players out of their own pockets when the real money comes from the boosters.
 
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lead1association.com

LEAD1 Survey Reveals 90% of FBS Athletic Directors Polled Are Concerned NIL Used as Improper Recruiting Tool | Lead1 Association

lead1association.com lead1association.com

-> LEAD1 Association (“LEAD1”), which represents the athletics directors of the 130-member schools of the Football Bowl Subdivision (“FBS”), today announced the results of its FBS athletic directors survey which revealed 90% of polled ADs are concerned that collectives are using name, image, and likeness (NIL) payments as an improper recruiting tool.

The survey, which contained feedback from approximately 80 FBS athletic directors around the nation, also revealed strong support for more structure for the transfer portal (87%), reducing the number of NCAA Division I schools (67%), and distributing NCAA revenue units to schools based on NCAA women’s basketball tournament performance (61%). Additionally, 58% disagree with a model which would provide individual conferences to have full autonomy on key issues such as NIL, prospective student-athlete compensation, and scholarship regulations. <-
 
huskymedic said:
Additionally, 58% disagree with a model which would provide individual conferences to have full autonomy on key issues such as NIL, prospective student-athlete compensation, and scholarship regulations.
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I think we can all guess what conferences most of the 42% who don't disagree are in. I'll start:

SEC, B1G, PAC-12......
 
Storrs South said:
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Contracts between the University and the Athletes are inevitable. It's the only mechanism our society has to manage this environment. I refuse to have much sympathy for the Universities, but they are in a tough spot. Their only recourse is to break some rules.
 
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bendm said:
no one is underestimating. it sounds like you are saying the coaches and ADs should be paying the players out of their own pockets when the real money comes from the boosters.
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However you spin it, college football and basketball are each worth billions of dollars a year. I find it laughable when people act like it's a losing proposition. Just a quick reminder for the coaches you pity. At $2 million dollars a year to coach basketball. That coach is making $1000 an HOUR (per a 40 hour work week) to coach a 4 month sport with strict practice and recruiting limits.
 
XavierFan said:
However you spin it, college football and basketball are each worth billions of dollars a year. I find it laughable when people act like it's a losing proposition. Just a quick reminder for the coaches you pity. At $2 million dollars a year to coach basketball. That coach is making $1000 an HOUR (per a 40 hour work week) to coach a 4 month sport with strict practice and recruiting limits.
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It’s not a 4 month sport whatsoever.
 
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XavierFan said:
The highest paid public employee of every state is a coach. I think you all underestimate how much money is in college athletics, severely.
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What does that have to do with the NCAA not having the money to pay everyone?
 
Two comments:

1. I'm 100% fine with all of this.
2. If I were a high profile college athlete I'd transfer every year.
 
A couple questions. Can the school or an affiliate of the school pay players directly for doing commercials, events, etc? Is the stipend still 4K per semeste?
 
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