FC/OT: Schools sending NIL contracts to recruits.....

Sharkies

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Nov 1, 2021
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"The settlement permits schools to share millions of dollars in revenue with athletes but features a cap on that revenue pool. The Year 1 cap projection is $20.5 million per school, according to a memo that institutions received from their conferences nearly two weeks ago."

Gee, I know guy on the Board who warned us that we'd potentially be on the hook for another $20m a year in payments to players yet not one word was shared to anyone about how we were going to manage that in addition to incredible debt service on our stadium renovations... They haven't announced a $5m dribble donation in the past month... did those already dry up too? The crazy part is - I think he was the only one on the Board who even raised their hand to ask...
 

Georgia Peach

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Oct 28, 2021
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I will add to my lawyer prognostication that this is all going to end in a bad way. Give a bunch of 17 and 18 year olds removed from home discretionary cash and then count the days until there are numerous allegations of drug purchases, gambling, prostitution and the like. Money always finds a way.
 

PSUJam

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Oct 7, 2021
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Not sure if this helps or hurts...people are watching the early signing period for non-revenue sports for hints.


So much hinges on the approval of the House settlement, and that's no where near a guarantee now. What a ish show.
 

psuro

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Oct 12, 2021
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If a player commits a personal foul in the NFL, there could be a financial penalty (executed by the NFL onto the player)

Can similar types of financial penalties that may be imposed upon players who commit similar fouls in college football? Say.....Jaylen Reed takes his helmet off to celebrate an interception for a touchdown.....can PSU issue a financial penalty?
 

Bones80

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Oct 19, 2021
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So are kids in "college" supposed to still actually be taking classes - and what if they can't handle those classes? Do they get kicked off the team and/or lose their NIL dollars if they don't maintain passing grades?
Speaking as a faculty member at a university, what kind of pressure will be applied to faculty members to keep a high NIL player eligible?
 

Sharkies

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Speaking as a faculty member at a university, what kind of pressure will be applied to faculty members to keep a high NIL player eligible?
Probably in proportion to how good they are, and if you're at a major D1, many of those players will be making many multiples of what you're making.
 
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JWB389

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So are kids in "college" supposed to still actually be taking classes - and what if they can't handle those classes? Do they get kicked off the team and/or lose their NIL dollars if they don't maintain passing grades?
Interesting you bring this up. I had to dump my tickets to the OSU game and watch it on TV. I was compelled to watch all of the pregame hoopla. Those at the game may have not known that all-everything Colorado Buff Travis Hunter was in attendance, live at the Beav. Both pregame shows interviewed him live and I happened to catch both. One of them, I think ESPN, asked him to walk them through a typical day in the life of Travis Hunter. He started at 5AM and talked them through the day. Not once did he mention class or school work.
 

bdgan

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How can universities give NIL contracts? I thought NIL was separate from the university.

And what happens if a university goes over the $21 million salary cap? What's the penalty? Or can they go over if they pay a luxury tax like in baseball?
 

Moogy

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Nov 23, 2021
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I will add to my lawyer prognostication that this is all going to end in a bad way. Give a bunch of 17 and 18 year olds removed from home discretionary cash and then count the days until there are numerous allegations of drug purchases, gambling, prostitution and the like. Money always finds a way.

Give 17 and 18-year-olds the responsibilities of full-time jobs, in addition to the responsibilities of alleged academic studies ... and we don't worry at all about how they're going to handle it.

Pay them for their full-time jobs, and now we have to protect them from drugs, gambling and prostitution because they just can't handle being fairly compensated.

Yikes.
 
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Moogy

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Nov 23, 2021
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If a player commits a personal foul in the NFL, there could be a financial penalty (executed by the NFL onto the player)

Can similar types of financial penalties that may be imposed upon players who commit similar fouls in college football? Say.....Jaylen Reed takes his helmet off to celebrate an interception for a touchdown.....can PSU issue a financial penalty?

If it's contracted for, yes. That's how contracts work.
 

Midnighter

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Oct 7, 2021
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How can universities give NIL contracts? I thought NIL was separate from the university.

And what happens if a university goes over the $21 million salary cap? What's the penalty? Or can they go over if they pay a luxury tax like in baseball?

Until there is player input/agreement in the form of a union that can collectively bargain, this just creates more issues IMO. Right now the schools are going to try to police NIL deals via Deloitte, who will determine if a deal is valid/fair and if not, will direct the player to end it. Good luck with that.
 

laKavosiey-st lion

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Oct 30, 2021
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Until there is player input/agreement in the form of a union that can collectively bargain, this just creates more issues IMO. Right now the schools are going to try to police NIL deals via Deloitte, who will determine if a deal is valid/fair and if not, will direct the player to end it. Good luck with that.
Iā€™m bros with a Deloitte partner, Iā€™ll ask him if heā€™s moving from medical to nil. SO FUN
 
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Nitt1300

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BobPSU92

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So are kids in "college" supposed to still actually be taking classes - and what if they can't handle those classes? Do they get kicked off the team and/or lose their NIL dollars if they don't maintain passing grades?

In the near future, will a ā€œcollegeā€ football player be fined for targeting? They are getting paid.
 

Georgia Peach

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Oct 28, 2021
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Speaking as a faculty member at a university, what kind of pressure will be applied to faculty members to keep a high NIL player eligible?
Oh there are so many improper influences based on NIL already that there is no mystery as to why coaches like Tony Bennett at UVA have left coaching. Just imagine what a school's largest NIL donor can do to influence redshirting and roster management, playing time, recruiting, assistant coach hirings and firings, etc. If you think this is not going on, consider yourself naive.
 
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