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]

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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.