OT: NIL money

[uconnbill]

It’s an abomination. A total affront to amateurism and higher education (i.e., the real reason these institutions exist ) .

I agree but this is college sports in 2022

 

[Waquoit]

Here is the thing. People have short memories. The whole money connector between “brands” and athletes coupled with a ton of easy access to sports books with massive dollar flows is like a match to gasoline. Don’t think for a hot second point saving and game fixing isn’t following right behind this. Frigging adults that are trusted to teach the next generation instead chase $$ and feed corruption.

I don't see the connecion. I would think more money in players' hands would make it tougher to buy a kid off.

 

[Stinger92860]

How would this work? Schools can’t pay for NIL.

For what it’s worth, I know of at least one guy on the board who is setting up NILs for people, but it is all happening privately, albeit with some coordination with the school.

The schools can broker or provide guidance, yes?

 

[CL82]

The schools can broker or provide guidance, yes?

Yes, but they can’t collect and redistribute money, at least as far as I am aware.

 

[Nostical]

How far has this gone?
Let's say I have a friend who's willing to pay $10M per year to the best QB prospect in the country if he agrees to enroll at UConn, play for 3 years, and make 10 commercials for his business. Would my friend be allowed to announce it "publicly"?
Would the QB be allowed to accept the arrangement publicly, e.g., "Thank you Mr X for your $30M commitment to me. I look forward to making UConn competitive again and making Brand X the best selling widgets in the nation."

 

[Dizzy21]

Yes, but they can’t collect and redistribute money, at least as far as I am aware.

It's probably the boosters asking. The school forces you to donate to the boosters when you buy season tickets. The boosters are a separate 501c that pays for schollys and donates facilities to UF. The boosters could be asking for the money in addition to the mandated donations and it may not directly be the school.

 

[TheDrifter75]

How far has this gone?
Let's say I have a friend who's willing to pay $10M per year to the best QB prospect in the country if he agrees to enroll at UConn, play for 3 years, and make 10 commercials for his business. Would my friend be allowed to announce it "publicly"?
Would the QB be allowed to accept the arrangement publicly, e.g., "Thank you Mr X for your $30M commitment to me. I look forward to making UConn competitive again and making Brand X the best selling widgets in the nation."

Sure and he's allowed one 3x3 company patch on his uniform

 

[giddyup]

I don't see the connecion. I would think more money in players' hands would make it tougher to buy a kid off

It takes zero effort to create a series of front business organizations funneling dollars to kids along with friendly visits from a few folks. Get them hooked up early, and then escalate amount in subsequent seasons if they cooperate. Standard racketeering. Gonna happen.

 

[UCFBfan]

Going back to what I said about Kiffin complaining, he made one good argument. He said that without any control, the coaches have to worry that these outside sources are giving these kids money and promising them fame. Yet what happens if the coach doesn't play them? The coach never said they'd play the kid, the person(s) dishing out the hundreds of thousands did. I'm surprised this hasn't come up yet, but you know it's coming.