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Fanstake and the collective association fan driven NIL platform.
Posted on 12/19/24 at 9:55 pm
Posted on 12/19/24 at 9:55 pm
Just came across this article about Fanstake. Businesswire article I'm curious to hear what others think. Personally, I'm not a big fan of some of the changes we're seeing, but it seems like they're here to stay. The “free market” approach from Fanstake definitely has its appeal, though I'm a bit unsure about how it will play out, especially with these kids taking a bag of cash and then having the option to enter the portal. I guess as we move further into the NIL era, those concerns may be addressed.
Posted on 12/20/24 at 2:01 am to TIGERhype
quote:
especially with these kids taking a bag of cash and then having the option to enter the portal
They get paid on a monthly basis. I know firsthand from NIL contracts I have seen with amounts that went to LSU FB players. Doesn't matter if they sign a $10 mil contract for 4 years. If they go to transfer portal after 1 year, they get 1/4th that amount and no more.
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