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re: For those of you who think NIL is good for college sports.
Posted on 5/4/22 at 9:42 am to geauxtigers33
Posted on 5/4/22 at 9:42 am to geauxtigers33
quote:
Every person should be able to make money off of themselves. The way it is being done is terrible but NIL is a good idea.
Agree.
What people miss on here is NIL isn’t good for LSU to stay competitive for NCs. That is what’s not being talked about.
This is NOT ABOUT AD budgets. It has absolutely NOTHING to do with TV contracts or the university in general. It has everything to do with boosters that own businesses as it now stands.
With a legal change, people like you will be able to contribute what they can to LLCs and sponsor players through a “charity” of some kind or something like Joe’s bar b Q and foot massage types of businesses. Just shell companies.
LSU cannot expect larger boosters to fund both the facilities arms race and coaches salaries and NiL. We will never be able to compete with the UTs, TAMU, tOSU, etc unless some of these athletes start to give back.
Posted on 5/4/22 at 9:48 am to Alt26
25k a yr to tuition, 15k to room and board, 8-12k on high end food their supplied for free if they go to the chef prepared meals, unlimited access to world class atheltic facilities and football ops building, all the free clothes they could ever need. And they were getting 3-5k / month cash stipend for spending money.... before NIL. How on earth is that not seeing a fraction. The athletic department revenue pays for all of the above to be possible, it's a weird gripe when the school is the vessel allowing them to become what they aspire to be. Both sides were huge benefactors of one another, as it should be.
Nil made it a things for kids to have agents at 18, and now younger in high school potentially, leverage your team and school for $ every season, quality lessons to teach a young kid. If pro leagues don't work out, I'm sure that kid will have a great future with the foundation of me mentality, and $ is all that matters approach.
Nil made it a things for kids to have agents at 18, and now younger in high school potentially, leverage your team and school for $ every season, quality lessons to teach a young kid. If pro leagues don't work out, I'm sure that kid will have a great future with the foundation of me mentality, and $ is all that matters approach.
Posted on 5/4/22 at 9:48 am to damnstrongfan
quote:
Only the elite's will be able to legitimately compete for the best players.
When has this not been true with CFB?
1890?
Posted on 5/4/22 at 9:51 am to damnstrongfan
quote:Define NIL.
For those of you who think NIL is good for college sports.
Only the elite's will be able to legitimately compete for the best players.
I know what the initials NIL stand for. I understand that it is designed to compensate players for the use of their name, image, and likeness. But for many schools, teams, boosters, coaches, billboard counselors etc., NIL is not NIL. It's compensation to sign and play.
Is player compensation good for college sports? I think all sports benefit from relative parity and competition within the sport. But other than perhaps salary caps based on some revenue sharing guidelines to protect the schools and players, I don't care about whether player compensation is good for college sports.
I believe in free market economies.
Amateurism in Power 5 football is a myth and has been for decades. Schools and entities that profit from college football have received billions of dollars in windfalls due to the legacy of amateurism. Schools have merely had to provide tuition, room, board, perks, etc. typically at or around marginal cost.
How much would players receive in compensation above and beyond tuition, room, board, perks, etc. if there were no regulations preventing them from receiving that compensation?
College football generates more than $4 billion in annual revenue for the 65 universities making up the Power 5. Most of the major professional sports share revenue between teams and players. Typically it's right around 50%-50%.
How many Power 5 schools are paying their players an aggregate of $30 million? ($2 billion / 65)
As a firm believer in free markets, I believe the players should receive what the market would bear if there were no regulations preventing them from receiving that compensation.
Why should government and quasi-government regulations prohibit players from earning market compensation?
quote:So if a team pays all 85 players $100,000, the total player payroll would be $8.5 million. Seems like it might be too low.
“For really good players out of high school,” he says, “you’re talking $100,000 a year.”
– Ross Dellenger, Sports Illustrated
How many professional sports have coaches who are paid multiples of the highest paid player?
Posted on 5/4/22 at 9:52 am to Tiger1988
quote:
With a legal change, people like you will be able to contribute what they can to LLCs and sponsor players through a “charity” of some kind or something like Joe’s bar b Q and foot massage types of businesses. Just shell companies.
Yeah there is a simple fix with just mandating some level of activity/revenue and that will solve most of the issues. Some sort of regs proving legitimacy as a charity/business.
Posted on 5/4/22 at 10:05 am to oldcharlie8
quote:
no one thinks nil is good for college sports
But wait Mascona said we live in a free market society and NIL is a great idea…
Posted on 5/4/22 at 10:06 am to oldcharlie8
Jumbo and Nicky think it’s good.
Posted on 5/4/22 at 10:07 am to damnstrongfan
The basic intent of NIL is a good thing and the players deserve some compensation due to the fact that they are the product. Autograph signings, commercials, social media promotion, jersey sales are all things they should profit from. However, what NIL has turned into is a joke and is in no way sustainable.
Posted on 5/4/22 at 10:07 am to damnstrongfan
Good for the players is not the same as good for the sports.
Posted on 5/4/22 at 10:07 am to damnstrongfan
Nobody said it was good for sports just that it is fair and constitutional. Not everything that is right is good
This post was edited on 5/4/22 at 10:08 am
Posted on 5/4/22 at 10:15 am to tlsu15
Putting into players hands!
A good thing
Balancing and fairness across FBS, also a good thing
A good thing
Balancing and fairness across FBS, also a good thing
Posted on 5/4/22 at 10:15 am to Loup
quote:
not good for the sports, great for the players.
It hasn’t been a “sport” in over 50 years.
Anyone who believes in capitalism should have always had a problem with players NOT being able to make money off their names and likeness.
Posted on 5/4/22 at 10:16 am to damnstrongfan
What happens when this top player gets this money, but doesn't perform as expected. Does the school say hey,no more money because you are not coming thru asexpected. And we know all top players do not pan out all the time. Some will slack up after getting the money. This a crazy idea.
Posted on 5/4/22 at 10:23 am to oldskule
quote:
Nattys will go the richest NIL schools, period.
Yeah level playing field went out the window for many teams with NIL.
Posted on 5/4/22 at 10:26 am to tlsu15
quote:These two sentences are a direct contradiction fwiw.
NIL is just putting some of that money into the players hands. None of it comes directly from the AD’s budget.
Posted on 5/4/22 at 10:26 am to J2thaROC
quote:I'm a staunch free-market guy, but sports is different. If you just allow the big money guys to buy all the good players, then the competitive balance is shifted, and that's horrific for a sports league, where competitive games are crucial.
Anyone who believes in capitalism should have always had a problem with players NOT being able to make money off their names and likeness.
That's why there are salary caps in pro sports, which are very uncapitalist. But they're necessary to maintain some competitive balance. Scholarship limits in college is also for that reason - not allowing the big boys to stockpile players.
Once the competitive balance is gone (and NIL and the transfer portal are huge contributors to that), fans will abandon the sport.
Posted on 5/4/22 at 10:38 am to fallguy_1978
quote:
LSU has a top 10 athletic department budget/revenue but our boosters and NIL deals from local businesses won't be able to compete with the likes of Texas, Texas A&M, Ohio State etc whether people want to admit that or not.
I know OP failed to link the article but this was written also in same article.
quote:
From 1998 to 2020, six teams won 74% of the national championships: Alabama (6), LSU (3), Clemson (2), Florida State (2), Florida (2) and Ohio State (2). Five of the six are not only inside the top 12 nationally in 2019 athletic budgets but also have reeled in the best talent in the nation over the last decade. In a study from MaxPreps, seven college football programs have signed 55% of the five-star prospects from ’11 to ’21. They include LSU, Alabama, Clemson, Florida State and Ohio State, as well as USC and Georgia, the ’21 national champion.
“NIL may spread out talent ever so slightly on the margin, but overall, the rich are neither going to get richer or poorer; they are just going to use their riches differently to remain as rich as ever,” Schwarz says.
SI Article - Ross Dellenger
Posted on 5/4/22 at 11:24 am to Salviati
quote:
How much would players receive in compensation above and beyond tuition, room, board, perks, etc. if there were no regulations preventing them from receiving that compensation?
Then they need to be taxed on the at salary and their tuition, room and board, meals, etc as income.
If not then GTFO of here with your bullshite. Pay taxes like the rest of society on benefits that are essentially income moron.
Have you priced tuition to Vandy? Rice?
Yeah…
Posted on 5/4/22 at 11:25 am to fallguy_1978
Don't sell USC short. getting to live in a southern california mansion is quite persuasive
Posted on 5/4/22 at 12:11 pm to MOT
quote:
These two sentences are a direct contradiction fwiw.
Not really. The AD budget can’t be used to pay players unless they get it right by the IRS. Why? Tuition, room and board, meals, is taxable income once residency is established.
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