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re: NIL will land some of these young stars in career ending hot water....

Posted on 7/1/21 at 12:35 am to
Posted by LSU4Life123
Member since Dec 2012
126 posts
Posted on 7/1/21 at 12:35 am to
I work in another athletic department in D-1. Universities and colleges will partner with 3rd party financial companies to teach student athletes how to manage and save their money they make off their name, image, and likeness. If anything, this encourages them to set themselves up for the future more so than not being able to profit off their NIL, especially those student athletes who do not make millions at the professional level.
Posted by OilMan25
Youngsville, LA
Member since Nov 2013
358 posts
Posted on 7/1/21 at 6:25 am to
quote:

. Universities and colleges will partner with 3rd party financial companies to teach student athletes how to manage and save their money they make off their name, image, and likeness.


LMAO...do you realize almost 3/4 of NFL players end up broke and over half of the NBA? All this does is take more time away from school and will make them more reliant on their athletic ability rather than prepare them for life after sports.
Posted by I20goon
about 7mi down a dirt road
Member since Aug 2013
13343 posts
Posted on 7/1/21 at 11:06 am to
quote:

I work in another athletic department in D-1. Universities and colleges will partner with 3rd party financial companies to teach student athletes how to manage and save their money they make off their name, image, and likeness. If anything, this encourages them to set themselves up for the future more so than not being able to profit off their NIL, especially those student athletes who do not make millions at the professional level.
This absolutely needs to happen and is my only real concern.

If the NCAA puts rules in place to forbid this or regards getting such services, gratis or paid, they should be curbed stomped each and every one of them. I fear they will consider such "agents", and that would be terrible.

This is a great opportunity to train them for the future. In fact, LSU should hire Lewis Neal for a full-time position just for this (all athletes, not just football).
Posted by dallastigers
Member since Dec 2003
5790 posts
Posted on 7/1/21 at 7:31 pm to
quote:

I work in another athletic department in D-1. Universities and colleges will partner with 3rd party financial companies to teach student athletes how to manage and save their money they make off their name, image, and likeness. If anything, this encourages them to set themselves up for the future more so than not being able to profit off their NIL, especially those student athletes who do not make millions at the professional level.


Universities can’t do this themselves?
This post was edited on 7/1/21 at 11:13 pm
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