re: Great story about the transfer portal and nil in general

In 2020, that would have been the narrative BLM!!

quote:

---

This makes it fair. The value of any player is set by the rarity of the value he provides (relative to other available players at that moment) and the number of teams competing for his services.

It’s up to the teams to determine how much they need that skill set and thus set the market.

---

Yeah, that was more or less my point. None of this is "fair", as I think what constitutes "value" in sports, as opposed to real world value, is absolutely absurd. They're playing a game, and there are guys sitting on the bench making millions. But sports do not operate under normal economic conditions. It's like one giant auction. And that is why I asked the question "who decides fair market value?". A clearinghouse cannot arbitrarily decide what an individual team is willing to spend, no matter how ridiculous I think the spending is, the value is determined by the team that is willing to pay the cost of what they deem necessary.

This is why I never wanted to see something like NIL become a reality. People said it wasn't fair that they weren't being paid, but never considered the fallout. Sometimes what seems fair is not what's best. And there are things much less fair in life that nobody ever talks about. Where are the bleeding hearts, demanding that soldiers and firefighters and cops make more than the little they are paid, to put their lives on the line?

Back to the point, we can't pretend this is amateurism if we continue down this route. College sports will die out, and it will just be semi-pro leagues, and fewer opportunities for high school athletes, as budgets will be tightened, meaning rosters will have to shrink, and many sports will be dropped by universities all around the country. Will all of that have been worth it?

Everyone is for capitalism when it benefits them and complains when it doesn’t or they think it is outrageous -

Many programs are scrambling at anything right now to stay competitive. Throwing crazy money on the wall to see if it sticks.

How on earth do you determine fair market value when what is being compared are all individuals with separate skill sets and abilities? How can a Burrow be limited by a lesser talented QB?

The effort to be objective in a totally subjective environment won't hold up in court. It's the wild west forever.

quote:

---

There are reports that each NIL deal (next year) will have to go through a clearing house and will have to be fair market value for true NIL.

---

If any cap is put on NIL, then schools will just have bagmen dropping in extra cash under the table. Cheaters will rule the recruiting world again.

quote:

---

When revenue sharing hits there will be contracts because the CFB programs are finally recognizing the players as employees

---

What difference would it make? You can't cap endorsement earnings. Revenue sharing is separate from that. That's the point I'm stressing here.

And I disagree with saying they are "finally recognizing them" as employees. They are only employees if they are being paid. No one owed it to them to recognize them as employees. It was understood that these are amateur sports, where you hone your craft, and you get a scholarship to pay for your tuition. That was always the agreement, until it wasn't, and now here we are with a runaway train of spending, because some people had no sense to look at the big picture.

quote:

---

What difference would it make? You can't cap endorsement earnings. Revenue sharing is separate from that. That's the point I'm stressing here.

---

The article did not say NIL could not exist. It said it would have to pass muster. There are players who acutally move the needle for the public and have some NIL value. Most dont but right now they are straight up being paid directly from the collectives for pretty much nothing.

Also,once you sign contracts the team can own a significant portion of the NIL that has anything to do with the team brand.

There is just not the demand for commercial NIL of more than maybe 5% of the players.

quote:

---

And I disagree with saying they are "finally recognizing them" as employees. They are only employees if they are being paid. No one owed it to them to recognize them as employees.

---

They will be paid a rate by position as I understand the proposals out there and they will be given benefits of health insurance even for a period after they are done with college football.

Hmmm...

It’s what ever the market will bare for your services or goods. Plenty of people acquire contracts and money based on potential. They are 18 yo and grown. If people are willing to sell their first born to finance it, then it will continue. It’s not what you think the market should be. A pair shoes may be worth $100 to you but someone else $200. The seller can then get $200, even if you think its only worth a $100.