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Don’t Believe Everything You Read About NIL Deals in the Transfer Portal

Posted on 12/23/23 at 11:56 am
Posted by RLDSC FAN
Rancho Cucamonga, CA
Member since Nov 2008
53252 posts
Posted on 12/23/23 at 11:56 am
quote:

The rumor mill for NIL collective deals is now an annual tradition in college sports, a space where stories of alleged offers to athletes in the transfer portal go viral on almost a weekly basis.

But many of the biggest headlines report vastly overinflated numbers, according to four industry experts who work for or with collectives and athletes. “You can say whatever you want, because no one knows … no one talks numbers,” one Power 5 collective operator tells Front Office Sports. “Even our athletes lie about what they make to other athletes on the team.”

Within days of the portal opening this year, on Dec. 4, a bombshell report suggested that Ohio State receiver Marvin Harrison Jr. fielded an offer around $20 million, presumably an attempt to lure him to stay with the Buckeyes an extra year instead of declaring for the NFL draft.

But none of the four experts FOS spoke to believed that figure was accurate. Even if it were, the offer would be a significant outlier in the collective market.

“On the record: It’s absolute bulls—,” says Jason Belzer, head of Student Athlete NIL, which helps run collectives for schools across the country.

A slightly more tempered but still jaw-dropping headline: Nebraska head coach Matt Rhule said in December that a “good quarterback” costs somewhere between $1 million and $2 million in the portal.

“That’s just completely made up,” the Power 5 collective operator says.

It could be the case for Rhule and the Cornhuskers, but certainly not for the vast majority of the Power 5, the same source says. So what does the overall collective market actually look like?


quote:

One Power 5 collective operator says that even within the richest group of schools, there are three different tiers of collectives representing vastly different amounts of money for players. 

Sources agree that athletes employed by the top tier will make in the ballpark of seven figures, but one added that some athletes make this amount of money due to a combination of collective earnings and other NIL contracts.

Some companies with access to collective contracts have attempted to publish aggregate data. Belzer reported that 61 “Power 4” one-year contracts that ran through his company totaled $7.3 million, with athletes receiving an average of $120,000. Other companies, like Opendorse and INFLCR, have also released aggregate data on the collectives they engage. 



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Posted by kywildcatfanone
Wildcat Country!
Member since Oct 2012
123769 posts
Posted on 12/23/23 at 11:59 am to
College kids make more now than working adults
Posted by SwaggerCopter
H TINE HOL IT DINE
Member since Dec 2012
27251 posts
Posted on 12/23/23 at 11:59 am to
If I had had 10K per year in college to spend, I would be dead.
Posted by BogeyTX
Member since Apr 2018
719 posts
Posted on 12/23/23 at 12:03 pm to
I remember when people would say these kids just want money to eat on…
Posted by BatonrougeCajun
Somewhere in Texas
Member since Feb 2008
6509 posts
Posted on 12/23/23 at 12:09 pm to
quote:

College kids make more now than working adults


College athletes with a unique skill set in an in demand industry.
Posted by tiggerthetooth
Big Momma's House
Member since Oct 2010
62168 posts
Posted on 12/23/23 at 12:10 pm to
On3 seems have good estimates on NIL value.
Posted by mizzoubuckeyeiowa
Member since Nov 2015
36679 posts
Posted on 12/23/23 at 12:11 pm to
Wish NIL was what was sold...instead of just a front for a Pony Express.

CFB is now left to shitty academic schools that only care about football and a shitload of "alums" who never went there.
Posted by Gaston
Dirty Coast
Member since Aug 2008
40081 posts
Posted on 12/23/23 at 12:18 pm to
quote:

If I had had 10K per year in college to spend, I would be dead.


No shite. As a parent it’s tough. My son will only get ~$50k/yr, but holy shite. I guess you let them manage it for the first year and see how he does. He’ll be 18 and it’s his…but shite. I’d have been surfing in Peru doing who fricking knows what the second they’d release us.

We don’t really know how it works, but lump sums sound very dangerous.
Posted by whatiknowsofar
hm?
Member since Nov 2010
22642 posts
Posted on 12/23/23 at 12:20 pm to
quote:

College kids make more now than working adults



Or people that have a skill that 98% of the population cannot do or do well get paid well.
Posted by theCAW
Polk County
Member since Dec 2023
3430 posts
Posted on 12/23/23 at 12:27 pm to
quote:

CFB is now left to shitty academic schools that only care about football and a shitload of "alums" who never went there.
sounds straight out of the uaa playbook
Posted by Goldrush25
San Diego, CA
Member since Oct 2012
33794 posts
Posted on 12/23/23 at 12:32 pm to
quote:

College kids make more now than working adults



What kind of TV rating does the working adult pull driving a forklift?
Posted by ReauxlTide222
St. Petersburg
Member since Nov 2010
85114 posts
Posted on 12/23/23 at 12:38 pm to
Does anyone know the status of Alabama’s NIL team or whatever the shite it’s called?

It doesn’t seem like they’re big players in the NIL game like aTm, Miami, or Auburn types.
Posted by Pimp Daddy Freeze
Member since Dec 2023
18 posts
Posted on 12/23/23 at 12:39 pm to
quote:

College kids make more now than working adults



They are working adults too. Football players are still paying for all the sports no one watches like women's basketball or men's baseball.
Posted by TheRouxGuru
Member since Nov 2019
10281 posts
Posted on 12/23/23 at 12:40 pm to
quote:

No shite. As a parent it’s tough. My son will only get ~$50k/yr, but holy shite.


You’ve become quite the chode on this board
Posted by saintsfan22
baton rouge
Member since May 2006
73427 posts
Posted on 12/23/23 at 12:44 pm to
quote:

CFB is now left to shitty academic schools that only care about football and a shitload of "alums" who never went there.


So the same as always.
Posted by Gaston
Dirty Coast
Member since Aug 2008
40081 posts
Posted on 12/23/23 at 12:47 pm to
I travelled Costa Rica for a month between LSU degree programs on less than $1k…Travelled out west every summer in college…never slept indoors. Almost stealing (experiences) from these kids to give them disposable cash like that.
This post was edited on 12/23/23 at 12:52 pm
Posted by ReauxlTide222
St. Petersburg
Member since Nov 2010
85114 posts
Posted on 12/23/23 at 12:50 pm to
quote:

College kids make more now than working adults
As they should.

Why the frick should some suit make all the money?
Posted by StealthCalais11
Lurker since 2007
Member since Aug 2011
12463 posts
Posted on 12/23/23 at 12:52 pm to
Stealing the experience of living like a homeless person?
Posted by TomRollTideRitter
Member since Aug 2016
12812 posts
Posted on 12/23/23 at 12:53 pm to
quote:

CFB is now left to shitty academic schools that only care about football and a shitload of "alums" who never went there.


Yeah the playoff is just littered with shitty academic schools
Posted by Gaston
Dirty Coast
Member since Aug 2008
40081 posts
Posted on 12/23/23 at 1:00 pm to
Being dirtbag is liberating. Sleeping illegally in boulders of Yosemite seems like rite of passage.

Some of the best times in my life.

He’s different, life is different…and he’s a lot more serious than I am.
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