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re: When do you foresee the NIL market correcting itself?

Posted on 5/8/24 at 11:45 am to
Posted by Smoke90
Member since Mar 2024
46 posts
Posted on 5/8/24 at 11:45 am to
quote:

Yall are forgetting that NIL benefits the donors as well. The more money you commit to NIL, the more favorably you and your business are looked at by the community/the school/the state government etc etc.


People like you and like your business when you are bankrolling the star players. There will always be other people/businesses looking to get some of that shine.


I thought about this also, but I honestly am not seeing a HUGE benefit to the donors. for example, if a local businessman pays a player to appear in a commercial for his car dealership (let's say Ford or GM) or restaurant (upscale Italian), am I gonna go to that car dealership or restaurant?

I mean, when I buy a car, i'm thinking longer term (5-8 years), and i still prefer certain cars (toyota, honda, lexus, subaru, etc), and I'm not gonna base my transportation needs for the next several years on a player who is only endorsing a car dealership because he got paid $100k to do so

also, not a huge fan of italian food (prepared for the downvotes), so I really wouldn't necessarily go there

i'm trying to think of other ways in which there is a significant financial benefit for the donors, but i'm struggling big time
Posted by BenDover
Member since Jul 2010
5426 posts
Posted on 5/8/24 at 12:35 pm to
For the donors, I don't think too many of them are looking at it as an advertisement. They larger the donor, the more access and, ultimately, influence they'll have to the program. People who have the type of money to throw 6 figures and more at HS kids to play for their favorite school aren't necessarily concerned with ROI. They want the prestige and perceived notoriety that comes with being the one who lured the 5* to that program.
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