UConn Outbound Transfers for 8/1/23>7/31/24 Cycle | Page 18 | The Boneyard
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UConn Outbound Transfers for 8/1/23>7/31/24 Cycle

NIL deals are "annual" right? So I don't think there would be a clawback unless someone left in season. But they are all contractual - so the athletes need to understand what they are signing.

(and on a completely side note - how many of these athletes are going to end up with big IRS problems)
 
J187Money said:
NIL deals are "annual" right? So I don't think there would be a clawback unless someone left in season. But they are all contractual - so the athletes need to understand what they are signing.

(and on a completely side note - how many of these athletes are going to end up with big IRS problems)
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NIL deals have no stipulation to be annual. Take Paige's deal with Gatorade, it is multi year. The collective is essentially the same as Gatorade, so they have the opportunity to make a deal as long as they please, but one would have to imagine that it has stipulations for playing on that particular team if it is a team's collective.

On your side note, that is definitely going to be a monster problem. Since the players are not getting w2s, and a ton of the smaller to medium deals probably do not involve some agent, then there is probably a huge hole in the kid's circle in that area of advice.
 
Dizzy21 said:
NIL deals have no stipulation to be annual. Take Paige's deal with Gatorade, it is multi year. The collective is essentially the same as Gatorade, so they have the opportunity to make a deal as long as they please, but one would have to imagine that it has stipulations for playing on that particular team if it is a team's collective.

On your side note, that is definitely going to be a monster problem. Since the players are not getting w2s, and a ton of the smaller to medium deals probably do not involve some agent, then there is probably a huge hole in the kid's circle in that area of advice.
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I would think the players would/should be getting 1099s...
 
Scrutiner said:
It must be awkward to just meet someone and immediately ask for proof they graduated from high school...........:rolleyes:
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I just assume everyone 18 graduated and act accordingly. It really isn’t that hard.

Like if you didn’t graduate and are 19, I still treat you like an adult.
 
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Dizzy21 said:
NIL deals have no stipulation to be annual. Take Paige's deal with Gatorade, it is multi year. The collective is essentially the same as Gatorade, so they have the opportunity to make a deal as long as they please, but one would have to imagine that it has stipulations for playing on that particular team if it is a team's collective.

On your side note, that is definitely going to be a monster problem. Since the players are not getting w2s, and a ton of the smaller to medium deals probably do not involve some agent, then there is probably a huge hole in the kid's circle in that area of advice.
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NIL money? Of course they are getting W-2s. These are neither gifts nor cash delivered in paper bags. (not that I'm saying cash delievred in paper bags as gifts isn't happening any more.)
 
businesslawyer said:
NIL money? Of course they are getting W-2s. These are neither gifts nor cash delivered in paper bags. (not that I'm saying cash delievred in paper bags as gifts isn't happening any more.)
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I would think this is 1099 income rather than w-2....not that the distinction matters for your point that it is documented and reported income. Kids are about to learn about the tax man.
 
Exit 4 said:
I would think this is 1099 income rather than w-2....not that the distinction matters for your point that it is documented and reported income. Kids are about to learn about the tax man.
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definitely, you need to be on the payroll to get W2
 
IMG_5437.jpeg

Graduated and appears to be moving on
 
Let’s just say every player in the country is in the portal, it might as well be. The UConn team we root for in September just have to assume it’s the last season on the planet for each season.
 
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JohnFSilver said:
When I was 18 I considered myself an adult. I dont think of them as kids. They are young adults, and know nothing, but I expect them to behave like adults.

I give all high school graduates the same respects as I would a 50 year old.
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18 was the draft age. Old enough to be drafted, you're an adult.
 
Patman said:
i mean presumably the money would be year to year and would be given at specific times. Also, its always at the discretion of the giver. If its a contract to satisfy certain terms, fine. If its a wad of cash in the parking lot once every few weeks, whatever.

In the end, what's to pay back, they aren't being paid for the future.
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Theoretically, at least, they are being paid for the rights to their name image or likeness. It has nothing to do with which school they are attending.

Loveandlistings GIF by VH1
 
Take the NLI/Transfer Portal discussions here:

the-boneyard.com

State of College Sports: What is biggest issue in the NIL space? (On3)

Good lay of the landscape: https://www.on3.com/nil/news/state-of-college-sports-what-is-biggest-issue-in-nil-space/
the-boneyard.com the-boneyard.com

Or here: Hope these guys chasing a bag do their due diligence

Or here: How to start fixing the portal with one simple rule.

… or feel free to start your own thread on NIL/Portal concerns.

This thread was intended to track UConn Outbound Transfers for the 8/1/23>7/31/24 Cycle. It’s bloated to 18 pages and the portal isn’t even formally open for undergrads till Monday.

Thx!
 
IMO, as long as we aren't losing starters to other G5 programs, we will be in a good place. Losing starters to P4 programs stinks, but as long as we can poach starters from other G5 programs, we will be fine.
 
temery said:
No, they're not.
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Don't think many/any transfers are under 18.

"The age at which one is considered a legal adult in the US is typically 18. What defines a legal adult is ability to legally work, participate in contracts, vote, marry, give sexual consent, and join the military."

How many need their mommy to sign their NIL deals 'cause they are too young.
 
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This is a dumb question, so forgive me, but are these players entering the portal because they don’t get enough playing time (like Turner) or because they think they can do better (like Joly)? In other words, how concerned should we be to see these players leaving UConn?
 
JM pretty much cleaned house. Anybody actually left from Edsall 2.0?
 
temery said:
'Even most students don't consider themselves adults.

link.springer.com

Are college students adults? Their conceptions of the transition to adulthood - Journal of Adult Development

College students (N=346) were surveyed on their conceptions of the transition to adulthood and their own status as adults. Only 23% indicated that they considered themselves to have reached adulthood, while nearly two-thirds indicated that they considered themselves to be adults in some respects...
link.springer.com link.springer.com
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I'm 38 and don't consider myself an adult.
 
uconnbill said:
You should not talk about things you don't know much about. He has a good arm and is a winner. If you looked at some of the best quarterbacks in college are the same height as he is.
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LOL, no I'm sure I'm right.

Watch and see where he ends up and whether he's starting next year.
 
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