NIL/Scholarship

[ucffan642]

When a player receives an NIL contract, are they contractually obligated to stay at that school for a specified time period?

In my opinion, a player should have to decide if they want an NIL contract OR full-ride scholarship. They shouldn’t be allowed to get both.

 

[Wings0fred]

Why not?

 

[ucffan642]

Just my opinion: if you’re receiving a 6-figure NIL deal, than you can afford to pay your own tuition/housing fees. At that point you’re just using the University to create a free highlight reel for the NFL with no allegiance to the school. Which is why the transfer portal is soo active. It’s literally destroying College Football as we know it.

 

[SimpleJack53]

Just my opinion: if you’re receiving a 6-figure NIL deal, than you can afford to pay your own tuition/housing fees. At that point you’re just using the University to create a free highlight reel for the NFL with no allegiance to the school. Which is why the transfer portal is soo active. It’s literally destroying College Football as we know it.

Look if your on scolarship you can open a YouTube account or onlyfans and get paid. You keep your Scholly. Why would it be different for NIL? Carl Black probably pays them by the month or by commercial so when DG transfers he stops the deal, right?

 

[Wings0fred]

Just my opinion: if you’re receiving a 6-figure NIL deal, than you can afford to pay your own tuition/housing fees. At that point you’re just using the University to create a free highlight reel for the NFL with no allegiance to the school. Which is why the transfer portal is soo active. It’s literally destroying College Football as we know it.

The colleges (or, more likely), the TV networks and so on have been using the students for ages as well.

I get what you mean, but I feel like kids should be able to collect whatever they can whoever ever they can as there are no guarantees of anything in their future.

I expect that the NIL hullabaloo will settle out in the long term when folks realize spending hundreds of thousands on kids is a waste.

 

[Yaes]

The colleges (or, more likely), the TV networks and so on have been using the students for ages as well.

I get what you mean, but I feel like kids should be able to collect whatever they can whoever ever they can as there are no guarantees of anything in their future.

I expect that the NIL hullabaloo will settle out in the long term when folks realize spending hundreds of thousands on kids is a waste.

Not if you are a rich, fanatic football booster because they don't mind wasting money on young men. In the past, until it was supossedley stoped, boosters used to pay students or shower them with gifts some of which were very expensive just to get them to come to school and to stay there. How is NIL any different?

 

[BlakNGoldAllDay]

The original plan was kids being able to make money off of their name. Not to go to a school. Quinn Ewers signed a 3 year deal for 1.4 million. He went to Ohio State for 1 year and then transferred to Texas. His autographs are worth more if he’s actually playing. So that company is glad he transferred from Ohio State. The real endorsements, they don’t care where you play most of the time.

 

[Poolside Knight]

 

[U C to the F]

So everything you give gets a 30%+ haircut by Uncle Sam, not even taking into account whatever expenses and compensation needed to be paid out to the employees of the collective? So like 40-50% of money will actually go to the athlete, at best? Essentially our donated money will be taxed at least 3 times after it gets to the athletes hand (taxes we paid on earnings, the collectives taxed, then athlete taxed)? The government is a real ponzi scheme, god damn.

What a sham.

 

[Poolside Knight]

So everything you give gets a 30%+ haircut by Uncle Sam, not even taking into account whatever expenses and compensation needed to be paid out to the employees of the collective? So like 40-50% of money will actually go to the athlete, at best? Essentially our donated money will be taxed at least 3 times after it gets to the athletes hand (taxes we paid on earnings, the collectives taxed, then athlete taxed)? The government is a real ponzi scheme, god damn.

What a sham.

said it when Milton took the Tennessee job. these nil collectives feel like pyramid schemes

 

[BlakNGoldAllDay]

They will be losing nonprofit status as well. Thank God.

 

[CBlackwellRN]

So everything you give gets a 30%+ haircut by Uncle Sam, not even taking into account whatever expenses and compensation needed to be paid out to the employees of the collective? So like 40-50% of money will actually go to the athlete, at best? Essentially our donated money will be taxed at least 3 times after it gets to the athletes hand (taxes we paid on earnings, the collectives taxed, then athlete taxed)? The government is a real ponzi scheme, god damn.

What a sham.

Personally, I am not a fan of NIL whatsoever. Student athletes get a full ride for their education, housing, food, clothing, and living expenses. If a 40%-50% cut from Uncle Sam discourages this NIL nonsense, I’m all for it.

 

[80'sKnight]

The colleges (or, more likely), the TV networks and so on have been using the students for ages as well.

I get what you mean, but I feel like kids should be able to collect whatever they can whoever ever they can as there are no guarantees of anything in their future.

I expect that the NIL hullabaloo will settle out in the long term when folks realize spending hundreds of thousands on kids is a waste.

People never realized that when it was illegal/whatever and it KILLED their university- SMU. Sorry, but that's living in fantasy land. There will always be an absolute giant amount of sports fans that bleed x and x, and will give up any amount $$$ and now that we allowed players to be bought without any salary cap..... dream on.

 

[80'sKnight]

Personally, I am not a fan of NIL whatsoever. Student athletes get a full ride for their education, housing, food, clothing, and living expenses. If a 40%-50% cut from Uncle Sam discourages this NIL nonsense, I’m all for it.

Agreed tho the response from athletes is they don't get living expenses--- books etc. At least that's what I heard. Reality is, no one is counting the free education, worth million or more compared to non-college. Just tired of all those poor little 'kids' FORCED to play the sport many have dreamed about for decades. It must be really tough. Got a problem with "school making $$$ off them"? Then actually stop that, instead of opening up the trough.

 

[muckdawg24]

I'm sure student athletes will complain about it, but the reality they are getting paid. Uncle Sam takes his cut from everybody, get used to it, it's called the real world.

 

[Gwoz]

Agreed tho the response from athletes is they don't get living expenses--- books etc. At least that's what I heard. Reality is, no one is counting the free education, worth million or more compared to non-college. Just tired of all those poor little 'kids' FORCED to play the sport many have dreamed about for decades. It must be really tough. Got a problem with "school making $$$ off them"? Then actually stop that, instead of opening up the trough.

For most of them the classes is just a nuisance and tutors are there to just ensure they have grades to allow to play not in any way to have an education to improve their future outside of football. Boosters and alumni can claim they want to promote education, but if the star players can't read but win the Heisman, they will want to build statues on campus for them.

We don't hear about how so and so player did well on his project or excelled in x classes. We hear chatter about how they spent all their free time at the gym putting 20lbs of muscle in the offseason.

Football is a dangerous game, and they are absolutely diminishing their long term health at the expense of it. If I am a player, I am getting everything I can get out of it while I am a commodity. Cause there is a chance when I am 40, my mental and physical health is not going to be the same.

 

[U C to the F]

For the weird “JRP is selfish” crowd...Pretty cool story and what JRP did/is doing here.

UCF's Kingdom NIL collective to hold 'day in the life' camp with John Rhys Plumlee

UCF quarterback and center fielder John Rhys Plumlee is holding a camp next month thanks to NIL where kids can experience both sports.

www.on3.com

 

[ECPSUP]

JRP getting a little something...

 

[beelit47]

So everything you give gets a 30%+ haircut by Uncle Sam, not even taking into account whatever expenses and compensation needed to be paid out to the employees of the collective? So like 40-50% of money will actually go to the athlete, at best? Essentially our donated money will be taxed at least 3 times after it gets to the athletes hand (taxes we paid on earnings, the collectives taxed, then athlete taxed)? The government is a real ponzi scheme, god damn.

What a sham.

Better off using a $17k annual exclusion for a gift directly to the player than to go through 8 layers of tax

 

[Central Floridave]

Hopefully Carl black makes a new commercial. I never want to hear that Luke Bryan commercial ever again. ‘And, ya know it’s a 4 wheel drive’. Bleh.

 

[goodknightfl]

So everything you give gets a 30%+ haircut by Uncle Sam, not even taking into account whatever expenses and compensation needed to be paid out to the employees of the collective? So like 40-50% of money will actually go to the athlete, at best? Essentially our donated money will be taxed at least 3 times after it gets to the athletes hand (taxes we paid on earnings, the collectives taxed, then athlete taxed)? The government is a real ponzi scheme, god damn.

What a sham.

NIL is a sham to begin with.

 

[UCFootball14]

Any local beers in Orlando want to follow suit? Great idea