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The economics of the NIL era
Posted on 11/17/24 at 9:26 am
Posted on 11/17/24 at 9:26 am
These have to be sorted out. Teams have to get better at this. The key is evaluation.
Evaluate (based on the word value, by the way) the player, determine worth by immediate value, potential value, position of need, position in demand, etc., and pay him.
This is something it took the NFL decades to sort out before it became a science in the free agent era.
Teams that cannot balance that evaluation/pay dynamic very well will get left behind. Frankly, it looks like LSU is getting left behind with its hybrid approach.
On the other hand, is any team "killing it" out there? Or are just a few getting luckier to this point than others?
(Setting aside how awful LSU looks right now, most can agree that a large portion of it is that on a position-by-position basis, LSU has a fraction of elite/top-tier athletes playing football than just 5 or 6 years ago. What happened since? NIL.)
Evaluate (based on the word value, by the way) the player, determine worth by immediate value, potential value, position of need, position in demand, etc., and pay him.
This is something it took the NFL decades to sort out before it became a science in the free agent era.
Teams that cannot balance that evaluation/pay dynamic very well will get left behind. Frankly, it looks like LSU is getting left behind with its hybrid approach.
On the other hand, is any team "killing it" out there? Or are just a few getting luckier to this point than others?
(Setting aside how awful LSU looks right now, most can agree that a large portion of it is that on a position-by-position basis, LSU has a fraction of elite/top-tier athletes playing football than just 5 or 6 years ago. What happened since? NIL.)
This post was edited on 11/17/24 at 9:27 am
4
Posted on 11/17/24 at 9:43 am to Ace Midnight
You would have to establish caps and run the program as a business. You can't have programs with open checkbook of boosters who act as paymaters.
Remember, you are loyal to whomever signs your paycheck, and you want certainty in that paycheck. Ex: is Gordon paying directly or us he giving the money to LSU and they disburse....or do you go to Gordon every Tuesday and pick up your check?
Going forward college programs will have to adopt the pro paradigm and structure. GMs and Presidents and full scale business offices
Remember, you are loyal to whomever signs your paycheck, and you want certainty in that paycheck. Ex: is Gordon paying directly or us he giving the money to LSU and they disburse....or do you go to Gordon every Tuesday and pick up your check?
Going forward college programs will have to adopt the pro paradigm and structure. GMs and Presidents and full scale business offices
Posted on 11/17/24 at 9:45 am to Ace Midnight
Screw asking private citizens to fund this - the conference should be doing profit sharing with the players on the TV deals
Posted on 11/17/24 at 10:06 am to Navajo61490
These crazy coach buyouts will have to stop. Now that boosters are being asked to foot NIL, they cant afford to give money for buyouts too
Posted on 11/17/24 at 10:09 am to Ace Midnight
quote:
These have to be sorted out. Teams have to get better at this. The key is evaluation.
Evaluate (based on the word value, by the way) the player, determine worth by immediate value, potential value, position of need, position in demand, etc., and pay him.
This is something it took the NFL decades to sort out before it became a science in the free agent era.
Teams that cannot balance that evaluation/pay dynamic very well will get left behind. Frankly, it looks like LSU is getting left behind with its hybrid approach.
On the other hand, is any team "killing it" out there? Or are just a few getting luckier to this point than others?
(Setting aside how awful LSU looks right now, most can agree that a large portion of it is that on a position-by-position basis, LSU has a fraction of elite/top-tier athletes playing football than just 5 or 6 years ago. What happened since? NIL.)
The idea that NIL was designed to help players, knowing the the media and NCAA and schools were getting uber rich off of them, and they are essentially being paid by private citizens now while these organizations still run wild... is nuts
Posted on 11/17/24 at 10:11 am to Dingeaux
quote:
These crazy coach buyouts will have to stop. Now that boosters are being asked to foot NIL, they cant afford to give money for buyouts too
Jimmy Sexton has multiple institutions in a choke hold
Posted on 11/17/24 at 10:17 am to Ace Midnight
Some school needs to stand up to Jimmy Sexton and say frick this.. We’re not playing your bs games anymore.. All other schools will need to comply and do the same.. Big issue is these ridiculous long term coaching contracts. If the hire fails, the school takes the entire liability.
This post was edited on 11/17/24 at 10:22 am
Posted on 11/17/24 at 10:19 am to sheek
Yeah it’s time for schools to enter some sort of collective agreement and take these agents especially Sexton to task. They are getting fleeced by agents whose entire job is these deals. If schools are going to have to partake in revenue sharing and private citizens still expected to foot the NIL bill these kind of ridiculous guaranteed contracts cannot continue to exist
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