How does this works in practice? I figured some booster promised to āhireā a recruit contingent upon the recruit signing with School X. So if the recruit then signs with the school, does the booster then say āSorry kid, you and I never signed a contractā? Or was my understanding wrong, and itās more like the school promises to match the player with an unnamed (or uncommitted) booster, and once the player signs, that deal just never comes together?
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Little of both but mostly the latter. School/coach says we have a bunch of money tagged for you and then the booster/company whatever doesnāt come up with their end or itās less than promised or inconsistent pay intervals. So enough to say the deal is paying but not in a traditional income sense.
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I wonder if college hoops is stuck in an unethical middle ground: schools arenāt making promises (to stay on the right side of the ncaa rules) but the kids think theyāre making promises. Itās one of the many reasons NIL isnāt a particularly good way to compensate kids.
The revenue in college hoops is primarily media rights and tickets. Thatās where player payment should come from.
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Youāre probably right. I expect thereās a lot of "extra voices " in players ears and itās unclear who is authorized to speak for the school.
Until they centralize the money to comefrom m 1 source thereās always going to be trouble. Currently everyone with a checkbook can claim to have NIL money and throw their hat in
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Never woulda seen this cominā¦
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Thereās always been a divide between āme firstā players and āteam firstā players. (And coaches, too!)
Usually, itās tension over the number of shots or amount of playing time, or the opportunity to showcase themselves for NBA scouts. Now, NIL adds one more fertile area for selfishness to the mix.
Iām all in favor of NIL. But I think this validates Tonyās approach, which is: Players should be able to reap NIL benefits, but if money is a playerās primary concern, then heās not the right player for Virginia (and vice versa).
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Yep. Preach Fran
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I fully support NIL (why shouldnāt a person be allowed to do endorsement deals, etc.?), but Franās right, from the start it looked like a halfway measure, an unstable middle-ground arrangement that couldnāt hold for the long term. I expect as people figure this thing out weāll transition into a space where NIL works much better, but while weāre doing that weāll also be gradually transitioning toward the next compensation model. Just a question of when and how.
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I think an important point is that both NIL and no-sit-out transfers were rolled out together. They amplified each other and created a situation that was going to result in a bunch more change than would have happened had either been rolled out independently. Now itās basically free agency all the time for every player on every team, which is wild.
Iāve said this before, but thereās no pro league that operates that way because itās super unstable. Pro leagues have contracts and collective bargaining to benefit players while also creating some stability. College is in a weird middle ground.
Iām kind of surprised they didnāt try and just roll out NIL while just being more generous with transfer sit-out waivers but not cutting it entirely. Guess the NCAA thought theyād lose in court on absolutely everything.
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The NCAA couldāve accepted Alston after the district court ruled and allowed member schools to pay for some āacademicā scuba trips (or whatever), but they couldnāt accept that. Itās almost as if the NCAA has had bad, visionless leadership for a whileā¦. (And I donāt want to throw a UVa alum / UVa prof under the bus but I donāt think Beth Wilkinson and Ken Elzinga were working on that case pro bono. But Iām skating towards ideological/political so Iāll stopā¦)
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Agree with everyone else. And think Fran is spot on. This was an Recipe fof Disaster from the start. But I do believe itās a step in the right direction if the NCAA or the conferences more likely take bold actions to reign in the loosness of it all.
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Alston was basically pay-for-play already. There was no way NCCA was going to hire 1000s of auditors to check that those academic expenditures were legit. You can teach driving class and give away escalades, guitar class and give away Gibsons, piano class and give away Steinways, all seem like legit academic expenditures to me.
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Yeah, I guess. Hard to enforce (though NCAA already has that issue), but at least there is a limiting principle.
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I dont understand most of what Zach said there but I knew from the beginning NIL āinvestorsā would largely be one hit wonders. Also I think with the drop in markets and specifically bitcoin and further the joke of NFTs people realise free money is over. @AnonymooseHoo I think had an opinion on Bit
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Donāt get me started on crypto lol
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Shit you started it yourself last year soā¦
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Shhh allnof Miami athletics is financed by crypto
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You mean it WAS
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