NIL Thread

[hoopsjunkie75]

15-16 home games. 3500 on average. If each ticket had a 10 dollar fee per game? We’re looking at 560,000 in revenue. If we do it over two years? We can try to get a 5 star NBA caliber player who could get a one year one million dollar deal. Why not save up and roll the dice to try to get our Marcus Camby?

Maybe we should have $12 hot dog night, or $14 White Claw night.

Oh, wait, nevermind.......

 

[2011WinOverVillanova]

Maybe we should have $12 hot dog night, or $14 White Claw night.

Oh, wait, nevermind.......

okay Daria with your sarcasm

 

[Falco]

I recommend watching the Money Game on Amazon.

Follows LSU Athletes as they navigate the new NIL landscape.

 

[tblack33]

My larger point regarding trying to bring in NBA caliber talent stands.

Crack open your checkbook, be the change you want to see in the world.

 

[GMUgemini]

15-16 home games. 3500 on average. If each ticket had a 10 dollar fee per game? We’re looking at 560,000 in revenue. If we do it over two years? We can try to get a 5 star NBA caliber player who could get a one year one million dollar deal. Why not save up and roll the dice to try to get our Marcus Camby?

$10 fee would be highway robbery and way more than a 10% surcharge, which itself is kind of disgusting, considering how much revenue Tennessee makes from SEC media rights and sponsorship deals (in other words, we are keeping all that money for ourselves and you fans get to pay EVEN MORE).

 

[2011WinOverVillanova]

Wojnarowski, ’91, Retires From ESPN To Accept GM Role With Bonnies Basketball Program - St. Bonaventure

Adrian Wojnarowski, Senior NBA Insider for ESPN, is retiring from his award-winning journalism career and returning to his alma mater as general manager for the

gobonnies.com

 

[Junkees9]

Excellent hire by the Bonnies. That dude is about as well connected as they come.

 

[Junkees9]

I was watching ESPN a little while ago and they said he will likely be able to bring in a ton of NIL money for their basketball program. Mason needs to find a "Woj."

 

[tblack33]

I was watching ESPN a little while ago and they said he will likely be able to bring in a ton of NIL money for their basketball program. Mason needs to find a "Woj."

Feels like how Brad Edwards and Darrell Green were going to make it rain for Mason. I personally don’t see how this translates into any sizable increase for Bona unless he is going to open his open wallet up. Bona def has a very finite donor base to pull from that I feel is probably already decently tapped.

 

[jessej]

The first and I bet it wont be the last
reminds me of a song

-itch bett have my money

 

[jessej]

The first and I bet it wont be the last
reminds me of a song

-itch bett have my money

View attachment 2400

as the world turns

https://twitter.com/i/web/status/1838925402934321156

View: https://twitter.com/CoachReedLive/status/1838925402934321156

 

[Patriotsince81]

Cut him.

 

[Pablo]

Agent: QB left UNLV over unfulfilled $100K offer

Matthew Sluka's agent says the QB left UNLV because the school did not fulfill a $100,000 verbal offer from an assistant coach.

www.espn.com

"UNLV quarterback Matthew Sluka left the undefeated Rebels on Tuesday night over claims of unfulfilled verbal NIL promises from a UNLV assistant coach, a decision that illuminates the fragility of the current collegiate system and how talent is procured and retained.

Sluka's agent, Marcus Cromartie, told ESPN that UNLV didn't come through on a verbal offer of $100,000 from an assistant coach. The quarterback's father, Bob Sluka, told ESPN that head coach Barry Odom later said in a phone conversation that the offer wasn't valid because it didn't come from him, but rather from offensive coordinator Brennan Marion, who declined comment to ESPN.

UNLV and Shannon Cottrell, the director of athlete engagements for the Friends of UNLV collective, also did not immediately respond to requests for comment.

UNLV's collective did pay Sluka one $3,000 fee for an engagement he made this summer, according to Rob Sine, who runs Blueprint Sports, a company that manages the collective. Sine said Sluka's agents first made contact with the collective in late August to discuss future opportunities to work together. Sine said he wasn't aware of any promises to pay Sluka $100,000 and that Sluka had not contacted the collective about missing payments as far as he knew."

"The only formal offer from the school, according to Cromartie, was an offer of $3,000 a month for four months. The only money Sluka has received from UNLV, per Cromartie, was $3,000 for moving expenses.

The tension point appears to center around the verbal offer. While reports emerged from UNLV about Sluka asking for more money, Sluka insists that all he was asking for is what the program verbally promised. With no contract required up front because of the vagaries of NIL rules and third parties technically in charge of giving athletes the deals, the ambiguity over the validity of verbal offers hangs over the enterprise of college athletics.

According to his father and agent, at no time did Sluka ask for an adjustment to the initial deal that was promised. When Sluka reported to UNLV in the summer, he was told the money would be distributed on a payment plan. He was later told that payment would come after he enrolled in school and began classes, according to his father."

"The current system for paying college athletes -- one in which schools can make financial offers to players during the recruiting process but can't directly fulfill those promises -- may soon be changing. As part of a pending antitrust lawsuit, the NCAA has agreed to allow its schools to pay players directly. If the settlement is approved in court, the new system has the potential to give both players and teams more security by allowing them to enter more direct contracts with one another."

 

[GMUgemini]

four year contracts with buyout clauses…just do it. Make it a standard deal based on equal share of revenue per player, which makes it super transparent.

 

[Patriot8]

Only blame the player deserves is related to hiring a terrible agent.

 

[gmubrian]

four year contracts with buyout clauses…just do it. Make it a standard deal based on equal share of revenue per player, which makes it super transparent.

This is a situation that is, once again, of the NCAA's making. Up to this point, the NCAA has prohibited contracts that required the player to attend a specific school to receive their NIL payment. Why would you guarantee a player any significant amount of money for guaranteed period of significant time if you can't require him to go to your school? It is all risk and no upside to sign a multi-year NIL deal with a player at the present time, that is why you don't see it.

With the VA law that went into affect over the summer and the possible legal settlement, that may go by the wayside and long term contracts may start to make sense and start to appear.

 

[GMUgemini]

I’m not talking about NIL contracts, I mean employment contracts. Their NIL money can be theirs to chase as they see fit.

Lets say you give 35% revenue share to the athletes (I’m going to really screw this up because I don’t have a ton a specifics, but you get the idea). Mason makes approx. $4 million in non-donated revenue. 35% is 1.39 million/13 scholarship athletes equals 107,000 a year.

4 year contract = 428,000.

Buyout is equal to the remaining money left on their contract either paid by the school who picks them up (paid to the university) or by the university to the player (if they want to vacate the scholarship early).

So buyout after year 1: 321k
Year 2: 214k
Year 3: 107k
Year 4: 0 (they get to leave on a free if they take a redshirt)

NIL returns to a true name, image, and likeness model of endorsements separate from employee contract.

Transparency and fair compensation to those parties if a transfer occurs depending on how it is executed.

 

[CHRISTOPHER JAMES JOLLAY]

Or, we could make a rule where 24 year olds who took a postgraduate year after high school, have a four year degree and played all four years at another school can't play in college anymore and have to go out into the real world.

A lot of people don't know I played intramurals til I was roughly 29 at Mason and was NEVER COMPENSATED for my LABOUR

OPPRESSION

 

[CHRISTOPHER JAMES JOLLAY]

Only blame the player deserves is related to hiring a terrible agent.

You are intimately familiar with all the conversations between all the parties as you...played craps in Vegas earlier this year?

It's weird, my son and I were reading a book the other day called "Shiloh," where an kid learns about contracts through a situation where he's doing work for an adult so he can buy the guy's abused beagle.

Great book, and my son, who is 12 or 9 or 14 or some shit, really enjoyed it.

I guess my question is, since my preteen or teen son knows about contracts now, why would Matthew Sluka be stupid enough to think he's getting 100k with seeing absolutely nothing in writing?

I do understand Sluka is a psych major and still a "kid" himself, but still...

 

[jessej]

There are now 2 different stories so i don't know which one, if either, is true

but there will be fallout

1) UNLV will likely lose their chance at the CFP at all the money and good publicity that goes with that
2) No good recruit will ever join UNLV without a signed NIL contract
3) if the $100k offer was true, no one will trust the Asst. Coach who made that offer, IF TRUE.
4) The QB is gone, he will train with a QB Coach and get his $100k from another G5 Program next fall
(i personally don't believe he is good enough to start at a P4 school)

and maybe most importantly
5) every college coach and AD and NIL Collective is looking at this situation and putting in rules, regulations and guidelines to make sure it doesn't happen to them.