This one’s pretty good. Decoldest Crawford from Nebraska.
NIL Commercials
- Thread starter U C to the F
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I hope for the best for these kids ... I'm concerned most will not properly manage the influx of cash flow... Kinda would like to see payments disbursed over a time period... + incentives to graduate, IRA etc... Discipline I'll encourage / instill in my own children, and I'd hope for others to receive.
I think it could tremendously help a lot of kids, and I don't think that a ton of kids will make a lot of money, but they can at least profit off their NIL. I mean, Decoldest probably isn't getting paid much by some local AC company but it still pays, and that is the point. It is also a great experience to be working with a company and go through the process of working to make some cash. People need to be able to earn some kind of money, if they choose to, in order to have spending money, be able to buy things, etc... The old system was pretty barbaric.
Now, for these kids getting cut checks (basically from boosters) for just showing up...that junk needs to be shut down. I agree with the previous poster that many will just mismanage the influx of cash (at the same time many will learn how to manage and/or invest that influx of cash), but it is not really being earned. They are earning their education, living expenses, etc... because of their hard work and talent.
Now, for these kids getting cut checks (basically from boosters) for just showing up...that junk needs to be shut down. I agree with the previous poster that many will just mismanage the influx of cash (at the same time many will learn how to manage and/or invest that influx of cash), but it is not really being earned. They are earning their education, living expenses, etc... because of their hard work and talent.
It's probably better for them to learn this process when they are 18 and less likely to have dependents, and large financial commitments (housing). Often they get millions with zero experience and learn the hard way with their first professional contracts.
High School and College should have required courses on this, and this is a sentiment I have heard from many for decades now.
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ESPN has been running a segment on Miami guy paying Miami kids pretty well to “ promote” his business. Even Saban complains about the guy and thats saying something.
Concur with college courses...perhaps a requirement for scholarship athletes? I elected to take a similar course my sopmore year.
I don't get the NIL. A small number of the best will get all the actual sponsorship money, and most will get nothing, except for at the biggest schools which will have boosters pay athletes directly just for showing up, making the bigger programs even more able to recruit the best talent and box everyone else out. Did I miss something?
They need to put guardrails around it and have the money deferred until they are out of college. Not sure about revenue sharing model as well for those that don't get the opportunities that the "good" players will get.
The reason I say that is because (for example) a RB can't do shyt without the line blocking for him.
The reason I say that is because (for example) a RB can't do shyt without the line blocking for him.
We as an educational system dont do nearly enough to teach financial literacy
Schools are lacking funding now. Boosters are having to choose whether to give money to school for improvements or to funds that pay the athletes. The schools are losing out and it could get worse if they don’t do something about it.
