NIL’s
- Thread starter Demo
- Start date
I was sleep texting or distracted texting. Tried to correct and doubled up on mistake somehow. If you go back I corrected to a NMLike you on this thread
Settlement for what? Didn’t know the Big East was being sued.
NCAA being sued for history of denying athletes NIL.
Thanks. So all the conferences settled the lawsuit. Who’s getting the money?
all the players who got paid in duffle bags under a table
Crazy!
Leave it to these crazy courts to determine that college athletes, who bring almost zero value for NIL sponsors and who are earning far more than the ncaa ever dreamed, deserve even more.
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Johnnies_24
Well-known member
Madness
A lot of this is based on their NIL being utilized in things like video games for years without any compensation. Singularly most did not bring anything to the table but as a collective they earned games developers billions over the course of many years. That money went straight to the NCAA and their member institutions.
Did those games actually have the name and image of college players or just numbers? In that case I'm okay with it as long as those former college athletes receive compensation. On the other hand, did they sign all those rights away with their scholarship commitment? Schools also sold jerseys with players numbers but I'm not sure about names.
Really good points.
didn't this whole name, image and likeness thingy start when UCLA's Ed O'Bannon image was used on the box of a video basketball game without him getting any money? Seems like an age ago.
He Was the $13 Million QB Recruit. Now He’s Suing the Boosters Who Never Paid Up.
TDLR: Rashada, one of the top high-school quarterbacks from the Class of 2023, initially committed to the University of Miami in June 2022 and struck a $9.5 million (apparently for four years) endorsement deal with a Hurricanes booster. Months later, he flipped his allegiance to Florida ... for $13mm. It didn't work out / He was never paid, now he's suing.
What's not in the article: how he never ended up at FL, etc., but I guess that's not the important part.
Alumni Hall
Well-known member
“College Football schools rule” is obvious and more so if private equity loans become part of the financial terrain for elites. “Return on Investment Rules” may be next slogan
www.sportico.com
As NCAA Settlement Looms, So Does College Sports’ Private Capital Era
College sports' private equity era might be on the doorstep as NCAA stakeholders explore a legal settlement that would answer some critical questions.
www.sportico.com
private equity should be called pirate equity= using Other Peiple's Money (OPM) to rape and pillage and get rich without any risk of their own capital. They eff up many good operating companies by loading them up with debt.
Great model if you can get away with it.
In the old days they came around with a mask and a gun, now they come with MBAs and spreadsheets.
Two words that should be omitted from this article are "help" and "assist". It's kind of like Tony Soprano's neighbor asking for his help to be let into Tony's high stakes weekly cars gam
In effect, the plan is to buy into 10 college "franchises " for $50 million total investment. How generous of t
Schools should literally just sell "franchise rights" to outside Corporations to run the athletic department and return some annual revenue to the schools. Maybe a franchises fee depending on the value and visibility of a university athletic plus an annual rev share.
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