Learn more about college football collectives in NIL world
- Thread starter RyanSnyder
- Start date
Yeah, this is what I was listening to yesterday morning before posting about Spyre in this forum. What I found really fascinating was the journalist who wrote the article basically said it's near impossible to 'violate' any NIL rules/laws so long as there is some plausable deniability from the coaching staff wrt the recruiting aspect of NIL contracts/benefits. He added the NCAA has no appetite to enforce their fairly flaccid NIL rule and is content to just let things go as is. I don't know how many 'collectives' can generate millions and millions of dollars a year to help sustain a program, but my bet is the SEC schools will kill themselves trying. I see Penn State on the outside looking in here (like most everyone else). Definitely worth listening to.
Sorry, I missed that thread. But yeah, I totally agree. The SEC will go above and beyond. Penn State will eventually have to go all-in as much as they can, but I don’t see their all-in matching those other schools and it’s going to have a big impact. Add in the fact that they’re already behind the eight-ball and there’s reason to be concerned I think. This will have an impact as soon as this year. I used to think 2024. I can assure you that Penn State thinks this will impact their 2023 class, especially in the second half of the class.
Well, I posted my thread after you did, but I didn't see yours either
. In any case, it's going to be interesting to see how sustainable this is. There aren't a lot of folks willing to throw down hundreds of thousands or millions of dollars a year to sustain a fan-funded collective. It really has to be business driven I think (with few exceptions). Two other parts of the podcast I found interesting were a) the NIL testimony by TreyVon Henderson at the OSU BOT meeting where he says this:TreVeyon Henderson, a sophomore running back on the football team, said before NIL deals were legal, he would invest some of his scholarship money in the stock market to pay for his living expenses.
Now, NIL deals with Ricart and FTX – a cryptocurrency exchange – have enabled him to support his mom back in Virginia he said. Henderson also learned more about paying taxes and investing.
"It completely changed my life," he said.
Sarah Morbitzer, a sophomore on the women's volleyball team, didn't think she could benefit much from NIL deals. But after learning she could use her likeness to host volleyball camps, she jumped on the opportunity. She made about $1,600 from a seven-hour camp.
More about OSU's NIL effort here:
Ohio State trustees discuss NIL deals, approve $1.2 million for new university master plan
Six years after its last master plan, Ohio State's Board of Trustees approved spending $1.2 million to update the framework for its Columbus campus.
www.dispatch.com
And b) the recent lawsuit filed against the NCAA, Pac 12, and USC and UCLA football in an effort to provide 'employee' status for all college athletes. While I think most folks are comfortable with players being able to make money, I think the spirit, or what's left of it, of college sports would be destroyed by employee status and open another can of worms I don't think fans and colleges are ready to deal with.
Any thoughts there?
Employee status sought for college athletes as group files complaint on behalf of UCLA, USC players
What once appeared possible may soon become inevitable: college athletes classified as employees
www.cbssports.com
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