I thought someone started a tread regarding NIL and St. John’s but I couldn’t find it.
Here I think.
Kevin Durant and Rich Kleinman boardroom venture partners with SJU for NIL.
https://twitter.com/boardroom/status/1508800347048980487?s=21&t=rRjxUzB-FOH8Z_7167zdMgred.fans
Fans used to complain about blue bloods and the abuses of under the table deals that gave them a huge competitive advantage in recruiting. While schools like Kentucky, Kansas, UNC, and others were getting away with $100,000 deals, schools like St. John's were being investigated for giving kids lunch money or waving at a recruit at the wrong time of the year.
Now some are openly condoning schools paying college players in football and basketball hundreds of thousands dollars because they have alums lining kids pockets.
This unlimited payola firmly establishes the haves and have nots of "amateur" college athletics.
Why you or anyone with an ounce of respect for the sport would not be opposed to financial caps is bewildering.
Folks here and at other non-state funded schools should then reevaluate the metrics for measuring the success of coaches at less endowed schools like St. John's.
One of the supposed restrictions of an NIL is that it cannot influence the decision of a high school student as to what college to attend.
The whole process is now a complete cluster F.
Asked Zach during the year- not sure how much he actually knows- but said Julian was getting somewhere between 15k-20k in NIL.Someone on another thread had wondered if there was a possibility of some players like Julian (this was before he announced his intentions to go pro which was pretty much a foregone conclusion) would stay if NLIs paid enough. This is an article about Kofi Cockburn who if he declares again this year, he must stay in as it would be his 3rd time and how NLI might effect is decision since he is projected no better than a late 2nd round pick.
Kofi's decision and impact of Illini Guardians
Kofi Cockburn's decision about his basketball future is anything but simplewww.news-gazette.com
I didn't realize D.J. Uiagalelei played "Rico" in that Dr. Pepper commercial.Article mentions Julian Champagnie in relation to the Mercedes ad campaign.
Dreamfield - NIL - The Name, Image and Likeness Dealmaking Platform
www.dreamfield.co
It's all about having social media followers.Seems like having twitter and Instagram followers provides as much leverage as good play on the court.
The pay in the WNBA does not measure up to the pay most of the woman players receive overseas. It is why so many do both.Interesting that some hoops stars in the woman's game are making more in the NIL that they could ever earn as professionals. Paige Bueckers from UConn is one of them.
UConn’s Paige Bueckers Could Make $1 Million a Year—in College
The already well-known basketball star will benefit from new rules letting players profit from their name, image and likeness.www.wsj.com
I'd hope the corporate sponsor or the college or the NIL facilitator witholds taxes otherwise it's going to be chaos come April 15 or worse.This should be fun. Will be interesting to see how many kids don’t realize this. I sure hope someone is deducting and tracking taxes when they go in to these deals. The IRS still wants its pound of flesh.
https://www.sportico.com/business/commerce/2022/nil-money-brings-taxes-1234673068/