What is the going NIL rate in the Big East? | The Boneyard

What is the going NIL rate in the Big East?

CBS polled 100 coaches and the average price of a power conference transfer at a starter level was about $200k
 
Big numbers, but considering the coaching staff makes in that ballpark, probably not surprising.
 
any idea that our NIL is able to support this?
IMG_5202.jpeg
 

-> PC Athletic Director Steve Napolillo has told GoLocal the combined revenue paid to the men’s basketball team from name, image, and likeness (NIL) money will exceed $1 million this year. This money is in addition to the $83,000 annual scholarships players receive.

PC basketball players are making money because they are on the basketball team. However, the school is not paying them. An independent third party is. Six months after payments for NIL to college athletes became legal, supporters of Providence College Athletics established an independent organization whose mission is to raise money and funnel it to athletes. It is called the Friar Family Collective (Collective), The Friar Family Collective.

An illustrative example is if a basketball player gives a five-minute speech at a corporate event, the Collective will deposit a $10,000 check into his bank account. The Collective will ensure that there is a picture of the player at the event for the compliance file. The Collective will also help the player with documentation for taxes. <-
 
Yes Shaheen, every adult would like to get paid for the value they provide to others as a means to support themselves and their families.
 
Well at least the best players are not going to bed hungry as “Bazz” was quoted happened to him during the banned year!
 
We’re in the same ballpark. Hurley was looking to raise $3M this offseason.
 

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