Youāre right KU will claim that and we all know itās a lie. The whole point of this was to keep greedy agents out of players pockets, not make the schools into even bigger pimps.
Shout out to LRA for that, itās why I havenāt had an issue buying stuff thatās signed by the players, happy to send them a few bucks.
The catās out of the bag fellas. This is the real world now and aināt nothing free. Personally I have no problem with Kansas taking a cut to cover costs or even profit. Business is business.
Iām not anti NIL, far from it. I propose if the going rate is a 30% agent fee by the Uni, then players should explore the free market and find a better rate.
Maybe Kansas has something set up like UVa has that sources deals for the kids. If im a kid I am sourcing my own shit
Most definitely they should.
But letās be clear, here. These kids didnāt ādo all the work.ā The Kansas brand has a lot to do with how much they can make. Itās a lot like a mobile game. Apple takes its cut, because without apple, nobody is playing your game. This market should be less monopolistic, but still thereās only 10-15 programs that will have the platform that can create NIL potential like a Kansas. We are not one of them.
There is a reason there are only 3 major music platforms and the vast vast majority acts are associated with them. Self distribution is hard. You pay Kansas 30% because 70% of 5x the revenue is more money.
Maybe Kansas is lining up million dollar deals where X percent makes sense. I have no idea. but say a kid gets couple hundred for autograph session, 30 sounds frivilous to me
Yea I get that. Also dont think I know what frivilous means anyway
Another discussion to have over beeras in any event
Edit: basically saying you got me there. 30 still way high
True KU provides a unique platform with their previously established image etc. However, the music/promotor model doesnāt line up quite the same. Much like how SoundCloud opened the backdoor for more artist drive music, a different program could do the same for player flexibility in earning. If the athletes are only being paid commission on ticket sales there is a chance that a smaller or different school has a more rabid fanbase despite not having the KU name. Not talking about UVA at all, just being contrarian and poking holes.
Bottom line is, if Iām a player and I have the option of signing and playing with KU and that includes giving them my exclusive NIL rights and they get 30% then Iād at least want to explore and see if I can go to UNC, Tex, UCLA, UK, UL, Duke, or another passionate fanbase and get the same deal at 20 or 25%. Better yet, let me bet on myself go to a UVa, Auburn, TT, Oregon, sign a deal that allows me to freelance on my own in addition to, and then I go out and ink my own deals.
Oh, I am not advocating that the athletes should sign away their rights for all NIL to the schools. Iām saying in the case above, it seems like KU set up a tour for these guys, and Iām ok with them taking a cut for effectively ādistributingā them. If a guy signs a separate deal with the local Ford dealer, Iām not saying the school should get anything. And by the way, if these kids want to set up a lemonade stand by the side of the road and try to sell their autographs without the schoolās involvement, then they can do that too.
Great distinction here. This is where I am more or less on it. Also F Kansas
Gotcha. Thatās an important distinction
Theyāre taking 70% of revenue, not 70% of profits. Someoneās got to pay for the venues, travel, food and other expenses. I wonder if thatās all Kansas. Then again, if it were all Kansas, theyād say players keeping 100% of profits.
I think the players did pretty well for themselves here.
Thatās a good idea. I think it would be cool for UVA bball to do something similar on maybe the Friday night before a football game this fall. Way to meet the new guys and the rest of the team benefitting everyone (not just the top 7 - sorry Justin). I think an enhancement would be to have some kind of auction of team gear but not sure how that works with the shoe company deals.
As if they need the money, but good for them?
I wouldnāt be surprised if big john didnt manage to hang on to much of his gross income over the years.
I feel like he filed for bankruptcy at one pointā¦ and i think he has a fee ex-wives so thatās gonna slash into income. Also Daily was big onntour pre-Tiger which means he missed out on the big pay days.