How is NIL monies paid out?

[Other Kind]

I’m thinking we need a staff to budget and really plan our comp program out. RaRa aside, do we continue paying players even when they’re seniors/aren’t potentially impact players? Before I ever donated a cent I would like to see some transparency on how we are allocating these funds.

I think it would be a good idea to set it up similar to an executive compensation strategy. Example: the biggest lump sum or deal should be given to sign, with cliff payments paying out in year one and year two.

$750k total budget for a blue chip kid
$300k to sign a LOI
$100k payable during spring
$150k payable after the season and portal closes
$100k paying during second spring
Last payment to be made at the end of the season based on performance and other market options (player availability, etc)

Anyone know how it is currently set up or how it works? For example, all juniors that are not projected to go to the NFL should receive very little (if at all) cash so we could use it to incent unsigned prospects or players from the portal. Anyway, just between meetings at work but I’m sure Bracky has a strategy laid out.

 

[aTotal360]

750k wont land a blue chipper any longer.

 

[jethreauxdawg]

In singles.

 

[FluorideDawg]

NIL deals can't be performance based.

 

[T-TownDawgg]

NIL mommies are paid for with venmo from Hugh's work phone

 

[patdog]

NIL deals can't be performance based.

I think it's pretty clear they can be anything the two parties agree on.

 

[Other Kind]

NIL deals can't be performance based.

Thanks Bracky.

 

[8dog]

I’m thinking we need a staff to budget and really plan our comp program out. RaRa aside, do we continue paying players even when they’re seniors/aren’t potentially impact players? Before I ever donated a cent I would like to see some transparency on how we are allocating these funds.

I think it would be a good idea to set it up similar to an executive compensation strategy. Example: the biggest lump sum or deal should be given to sign, with cliff payments paying out in year one and year two.

$750k total budget for a blue chip kid
$300k to sign a LOI
$100k payable during spring
$150k payable after the season and portal closes
$100k paying during second spring
Last payment to be made at the end of the season based on performance and other market options (player availability, etc)

Anyone know how it is currently set up or how it works? For example, all juniors that are not projected to go to the NFL should receive very little (if at all) cash so we could use it to incent unsigned prospects or players from the portal. Anyway, just between meetings at work but I’m sure Bracky has a strategy laid out.

The Bullldog Initiative is being handled really really well. I trust them immensely to do what they see fit.
If you want transparency though you can hang that up. The last thing we need to be doing is broadcasting payments or even account balance. That would be one way to handle this very poorly- like tweeting that you have $10 million raised.

If you give enough Im sure the BI would treat you to coffee and answer some specifics

 

[FluorideDawg]

I think it's pretty clear they can be anything the two parties agree on.

Actually, no they can't. Instead of thinking maybe do a little research before you argue about something.

NCAA Clarifies Stance on Permissible NIL Activities | Insights | Holland & Knight

The NCAA offered new guidance on Name, Image and Likeness (NIL) activities of universities, student-athletes (SA) and other entities supporting the NIL industry.

www.hklaw.com

 

[patdog]

Actually, no they can't. Instead of thinking maybe do a little research before you argue about something.

NCAA Clarifies Stance on Permissible NIL Activities | Insights | Holland & Knight

The NCAA offered new guidance on Name, Image and Likeness (NIL) activities of universities, student-athletes (SA) and other entities supporting the NIL industry.

www.hklaw.com

I know what the rules say. I also know they're not worth the paper they're written on (or the bytes of a computer file they're stored on).

 

[Other Kind]

Yeah, if you think that guys aren’t getting deals based on performance and merit on the field, you sound like an employee in our athletics office.

 

[thatsbaseball]

NIL deals can't be performance based.

But $100 handshakes can **

 

[GloryDawg]

In singles.

Rolled pennies.

 

[Wizard.sixpack]

I’m thinking we need a staff to budget and really plan our comp program out. RaRa aside, do we continue paying players even when they’re seniors/aren’t potentially impact players? Before I ever donated a cent I would like to see some transparency on how we are allocating these funds.

I think it would be a good idea to set it up similar to an executive compensation strategy. Example: the biggest lump sum or deal should be given to sign, with cliff payments paying out in year one and year two.

$750k total budget for a blue chip kid
$300k to sign a LOI
$100k payable during spring
$150k payable after the season and portal closes
$100k paying during second spring
Last payment to be made at the end of the season based on performance and other market options (player availability, etc)

Anyone know how it is currently set up or how it works? For example, all juniors that are not projected to go to the NFL should receive very little (if at all) cash so we could use it to incent unsigned prospects or players from the portal. Anyway, just between meetings at work but I’m sure Bracky has a strategy laid out.

You will need at least a milly for a blue chip QB

 

[OG Goat Holder]

750k wont land a blue chipper any longer.

You're nuts. No wonder so many of you are all up in your emotions. No clue how the real world works.

 

[Other Kind]

The comp details above were an example as my post clearly stated. Sorry I don’t know the NIL market rate for some 17 year old kid from bum17 Louisiana.

 

[aTotal360]

You're nuts. No wonder so many of you are all up in your emotions. No clue how the real world works.

YES or NO?

You really think $750k from MSU is luring in a 5-star that UGA, Bama, and OSU want?

 

[OG Goat Holder]

YES or NO?

You really think $750k from MSU is luring in a 5-star that UGA, Bama, and OSU want?

Ain't no recruit making that kind of money. All a bunch of horseshit.

 

[dawgstudent]

The Bullldog Initiative is being handled really really well. I trust them immensely to do what they see fit.
If you want transparency though you can hang that up. The last thing we need to be doing is broadcasting payments or even account balance. That would be one way to handle this very poorly- like tweeting that you have $10 million raised.

If you give enough Im sure the BI would treat you to coffee and answer some specifics

What if part of your $10 million is a line of credit?