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Boosters in the NIL era
Posted on 1/17/22 at 12:37 pm
Posted on 1/17/22 at 12:37 pm
How will the NIL changes change the way that boosters support their school? Look at how much money boosters have paid to buyout over payed coaches lately. As we move forward, will boosters feel more comfortable signing an NIL deal with a recruit or player and less likely to give millions of dollars to coaches?
Posted on 1/17/22 at 12:53 pm to SupermanSlim
They will still be willing to put up money for the coaches and big time fundraising purchases Woodward and crew hustle for. What I believe LSU will start to see a decrease in is just annual donations. The boosters paying the NIL deals will take that money out of a portion they would usually give to the school/athletic department.
Posted on 1/17/22 at 1:04 pm to SupermanSlim
Boosters in Louisiana can't create or facilitate NIL deals for players or recruits.
LINK
This stipulation doesn't exist in Texas. Boosters can directly create whatever kind of deals they want for recruits. See A&M's 2022 class as an example.
The state of Alabama is also in the process of repealing their law and setting up a framework more similar to that of Texas - LINK
LSU is playing the game with one hand tied behind our backs thanks to the state legislators.
quote:
A postsecondary education institution shall not use an athletic booster to, nor shall an athletic booster, directly or indirectly, create or facilitate compensation opportunities for the use of an intercollegiate athlete’s name, image, or likeness as a recruiting inducement or as a means of paying for athletics participation.
LINK
This stipulation doesn't exist in Texas. Boosters can directly create whatever kind of deals they want for recruits. See A&M's 2022 class as an example.
The state of Alabama is also in the process of repealing their law and setting up a framework more similar to that of Texas - LINK
LSU is playing the game with one hand tied behind our backs thanks to the state legislators.
This post was edited on 1/17/22 at 1:06 pm
Posted on 1/17/22 at 2:02 pm to SupermanSlim
NIL may go beyond boosters, no?
If a rising superstar has high future value NIL to a company or brand, influence sales or market awareness of a product, why not market the player beyond boosters?
From the other perspective, if my company is launching the next cool sportswear or equipment, I am school agnostic. Give me the influencer.
If a rising superstar has high future value NIL to a company or brand, influence sales or market awareness of a product, why not market the player beyond boosters?
From the other perspective, if my company is launching the next cool sportswear or equipment, I am school agnostic. Give me the influencer.
Posted on 1/17/22 at 5:43 pm to SupermanSlim
The boosters were already giving money to both coaches and players. Now the players can be listed as payroll or marketing expense making that money tax deductible.
This is a net win for the boosters.
This is a net win for the boosters.
Posted on 1/17/22 at 5:45 pm to SupermanSlim
I guess the issue is how far ranging was the Supreme Court decision allowing student athletes to profit from their NIL?
Do any of these laws survive that decision?
Do any of these laws survive that decision?
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