NIL Thread

[Patriot8]

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...

Never been to Vegas and don't really have the desire to go. These Detroit casinos get the job done.

 

[gmubrian]

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.

The only thing I am not following in your scenario is why they buyout is tied to the remaining compensation. Not implying you don't have a buyout clause to discourage transfers, but, tying it to future compensation doesn't seem to me to follow from that. Now, if the coach/school forces the player out, then having to buy that player out for some portion of the remaining compensation could be negotiated...

 

[GMUgemini]

Mostly as a way to have players/coaches think twice about leaving or giving up after one year. But you could do it like they do in Europe and every player transfer is negotiated between all three parties and so every exit fee would be individually negotiated. You’d wind up with buying teams and selling teams but then there would be value in being a team who can turn under the radar players into stars even if they transfer after becoming one.

I’d leave the contract buyout the same though. If a contract is worth 400k and there’s 300k left on the contract and you want to buy it out you’d have to buy out all of it to cut a player.

There would obviously be clauses built in that they have to be academically eligible and certain behaviors would cross and line and allow a university to void a contract without compensation (obviously is a player is banned from campus or can’t register for classes they can’t be on the team).

 

[jessej]

MSN

NCAA Lobbying money at work

 

[jessej]

 

[GMUgemini]

View attachment 2402

I still say two other pathways would work: one just give this stuff away for free. No revenue, no revenue sharing. Two, just get rid of athletics departments. Way too much money is getting sucked up by athletics as it is.

 

[jessej]

Good Read - didnt want to start a new thread - so it goes here

A10 Conference Surprising Beneficiary of Western Schools Realignment

College basketball blue-bloods have captivated the nation, showcasing NBA-bound one-and-done talent, sell-out arenas, and prolific coaches. However, mid-major b

www.si.com

 

[jessej]

maybe the best overview to date

https://www.washingtonpost.com/sports/interactive/2024/nil-money-deals-college-sports-athlete-pay/?itid=mr_2

 

[gmubrian]

He has flubbed or almost flubbed many things, some of the most important things, too (handling English, almost flubbed Tony, logo and rebranding, etc.). The cricket thing wasn’t really his issue so I am not counting that. He has made some decent decisions, too, though. I’ll give a C as a grade.

To be fair to our president, I would like to update my grade. Information I have received recently suggests that his support for our basketball programs is top notch and the planning he and our entire AD are doing if the 'House vs NCAA' agreement goes through will help to position us in the best possible postition. Given this, I'll raise the grade to a B.

 

[Pablo]

Northwest Federal Credit Union Named Official Banking Partner of the Patriot Collective and Official Financial Wellness Partner of George Mason Athletics - George Mason University Athletics

FAIRFAX and HERDON, VA. – (December 2, 2024) – George Mason University Athletics and Northwest Federal Credit Union (NWFCU) have announced a partnership. This collaboration

gomason.com

"FAIRFAX and HERDON, VA. – (December 2, 2024) – George Mason University Athletics and Northwest Federal Credit Union (NWFCU) have announced a partnership. This collaboration reflects a shared commitment to empowering student-athletes, advancing educational opportunities, and providing financial wellness expertise to George Mason University student-athletes.

Through this partnership, Northwest will deliver comprehensive financial training and support tailored to the unique needs of student-athletes navigating the collegiate Division I sports landscape."

"The program will feature multiple touchpoints, allowing Northwest experts to guide student-athletes in essential financial skills, including budgeting, banking, credit management, investing, and other critical financial topics. This initiative is inspired by the NCAA's model developed to equip student-athletes with strategies to benefit them throughout their careers, whether in professional sports or the broader business community.

Northwest's primary objective is to support every student-athlete, including those aspiring to professional sports careers and those focused on business and other professional fields. Together, they will build a foundation for success beyond the playing field, fostering leadership, academic excellence, and financial confidence among the student-athletes who represent George Mason."

 

[mkaufman1]

Where is herdon Virginia?

 

[jessej]

Where is herdon Virginia?

Where is herdon Virginia?

DC side of Dulles Airport
Split by Dulles Toll Road

 

[mkaufman1]

DC side of Dulles Airport
Split by Dulles Toll Road

That’s Herndon

Wheres Herdon

 

[mason89]

Where is herdon Virginia?

It's where Peterson lives...

 

[GreenLantern]

It's where Peterson lives...

Next to Resto

 

[Pablo]

Court Report: The details on why AJ Dybantsa chose BYU and how much NIL money the No. 1 recruit is set to make

Matt Norlander's weekly college basketball notebook also takes a look at how absurdly good the SEC has become this season

www.cbssports.com

"So, how did a program that was in the WCC practically 15 minutes ago wind up landing the No. 1 player in the Class of 2025? Is it about the money? To an extent, yes, but it turns out that BYU, North Carolina and Alabama were all able to meet the asking price, which was approximately $5 million, according to sources at schools on Dybantsa's list of finalists. That deal is considered the largest for any college basketball player ever. That NIL deal will come directly from BYU's collective, according to Leonard Armato, Dybantsa's business adviser."

Dybantsa also has deals with Red Bull and Nike.

'They're substantial,' Armato said of the Nike and Red Bull contracts, though he didn't want to provide exact numbers. It's believed those two deals combine for at least another $1 million. Armato said that although the Red Bull deal runs through Dybantsa's first year of college, the Nike contract ends next June, meaning Dybantsa will be on the open market to negotiate again five months before he ever plays for BYU.

'His deal will be up before he goes to college and he will be a free agent in the athletic footwear market,'" Armato said."

"BYU having multi-billionaire Ryan Smith as a booster (he owns the Utah Jazz and new NHL franchise, the Utah Hockey Club) also helped significantly. Danny Ainge (who was the GM of the Boston Celtics as Dybantsa emerged as a special talent in New England) and Smith, both members of The Church of Jesus Christ of Latter-day Saints, were the key players in getting Young hired at BYU. Their influence at BYU (Ainge and Smith are both alumni; Dybantsa is arguably the best BYU recruit since Ainge in the 1970s) continued to contribute as a swaying factor in Dybantsa's road to picking the Cougars, sources said."

"We'll see how things change, or don't, in the coming years as the House case settlement (with schools paying revenues to all their athletes) stands to impact the way NIL collectives are run. The big takeaway from Dybantsa and recruiting in 2024 is: If you're going to recruit top five-level players, you need to be able to rally millions of dollars to pay them moving forward. Even before they've proven a thing. Might not seem right or fair to some, but this is the free market at work and this is the new world of college athletic. Dybantsa is one extreme example for a template moving forward. He's a revolutionary prospect from an earnings perspective. As for what matters most, we'll find out next year if he's a revolutionary player, the type who's worth the wait, hype ... and money."

 

[GSII]

Many will get the money and then bust. Watch.

 

[jessej]

Many will get the money and then bust. Watch.

Many ? Or most???

 

[Pablo]

https://www.washingtonpost.com/sports/2024/12/11/robbie-avila-st-louis-indiana-state/

"But on the topic of signature goggles, Avila’s agent, Joseph Nery, feels last season’s NCAA tournament — or for Avila, the absence of it — is a major factor. Despite a 28-6 record on Selection Sunday, Indiana State didn’t get an at-large bid after it lost to Drake in the Missouri Valley Conference championship game. At that point, Avila’s star and NIL earnings were rocketing together. Eyewear companies were circling. Had Avila and Indiana State made the March Madness field, Nery believes one would have signed Avila and started developing his own pair of goggles."

"Following the season, Indiana State’s Josh Schertz left to coach Saint Louis. Avila soon joined him, even though he could have made much more money — hundreds of thousands of dollars, according to Nery — by transferring to a high-major school. As Avila, Nery and Juan explained it, following Schertz was the best choice for Avila’s basketball future. He thrives in the coach’s system. He has dreams beyond maximizing his NIL earnings.

'Thinking long term, we were saying: "Let’s not just settle for immediate returns when we could be sacrificing long term," Nery said.‘You could eventually have this long professional career — NBA, Europe, whatever — that might not happen if you go to a high-paying program that doesn’t highlight you.’ Robbie is also very loyal, and in the end it was his decision to make.'”

"Another critical factor, Nery explained, is that the brand side of the NIL market has matured. In 2021, when the NCAA first permitted athletes to profit off their NIL, a company may have been more likely to blindly toss money around. (Ooh, what’s this NIL thing?) Yet with so much player movement and with the general volatility of betting on teenagers to succeed, Nery has noticed at least some brands proceeding with more caution. He also noted that, in the bigger picture, the market for young athletes who wear goggles is relatively small.

But eventually, if Avila keeps going and if he and Saint Louis can make the tournament in a few months, maybe something will give.

'There are so many factors,' Nery said. 'Who would they sell to? How much would they sell for? What resources are needed to build a prototype? And then how does Saint Louis respond to Robbie? What kind of season does he have? Does he keep improving and playing as well as he did last year? He’s also Mexican American, which could be an opportunity to reach a whole new group of people with a product.

'It’s on and on and on like that. We would love to make it happen when the time is right.'”

 

[GreenLantern]

WWE is now an NIL sponsor for St Bonaventure. Announced on last night's Smackdown.