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Message
re: NIL “agent” says he takes 20% of the money from his players’ deals
Posted on 1/12/25 at 2:51 pm to TackySweater
Posted on 1/12/25 at 2:51 pm to TackySweater
well they are not getting any of my money so they can do whatever the frick they want.
Of course, they are getting a little bit whenever I use somebody that pays one of these ridiculous marketing deals but that is anybody buying ads for the games so I cannot avoid that.
Of course, they are getting a little bit whenever I use somebody that pays one of these ridiculous marketing deals but that is anybody buying ads for the games so I cannot avoid that.
0
Posted on 1/12/25 at 3:07 pm to TackySweater
quote:
I mean. This is literally what he said lolquote:.
Could be better spent and given to better people
Having an opinion on how people might want to spend their money is not communism.
Either you don’t know what communism is or you have severe reading comprehension problems. Or both I guess.
Posted on 1/12/25 at 3:14 pm to Dadren
Communism literally wants to dictate where your money goes and give it to others.
He literally said he wants that money given to others.
Why is this so hard for y’all lol
He literally said he wants that money given to others.
Why is this so hard for y’all lol
Posted on 1/12/25 at 3:31 pm to TackySweater
quote:No, he literally didn’t. You literally posted what he wrote literally.
Communism literally wants to dictate where your money goes and give it to others.
He literally said he wants that money given to others.
Where did he say that some entity should dictate (your words) how people spend their money?
Here, try this. This is me placing his literal post in a different context.
quote:
Hi, my name is _Hurricane_. I’m a regional sales manager for Top Golf. You know, I’ve been thinking about CFB a lot and NIL has made me question the amount of money our society ties up in these games. Could be better spent and given to better people. At Top Golf, we have great people who will make sure your entertainment dollars are well spent. Would you consider signing up for an annual membership? It would only cost a few home games a year.
Is this communism? Not a trick question.
This post was edited on 1/12/25 at 3:39 pm
Posted on 1/12/25 at 3:41 pm to Dadren
quote:
Could be better spent and given to better people.
What is so hard about this lol
Posted on 1/12/25 at 3:50 pm to TackySweater
quote:
What is so hard about this lol
You tell me chief. You’re the one struggling with it.
Posted on 1/12/25 at 4:02 pm to Dadren
quote:
You tell me chief. You’re the one struggling with it.
K lol
Posted on 1/12/25 at 4:28 pm to red sox fan 13
Dude looks like a real sleaze.
Posted on 1/12/25 at 4:29 pm to KiwiHead
quote:
Dude looks like a real sleaze.
My first thought as well then he opened his mouth spouting pontifically about how taking 20% was kosher then he removed all doubt.
Posted on 1/12/25 at 5:07 pm to red sox fan 13
Making it up the cost of work being done with higher % makes sense. Not like it's so much easier and less work to deal with HS kids, their families, and the schools.
If the market allows for it then they they get what they can get, just like everyone who says these kids should get paid, these agents can too. If it's not liked, then go back to the way it was.
Obviously this guy was stupid by saying this and by the way he said it, but the reasoning seems sound.
If the market allows for it then they they get what they can get, just like everyone who says these kids should get paid, these agents can too. If it's not liked, then go back to the way it was.
Obviously this guy was stupid by saying this and by the way he said it, but the reasoning seems sound.
Posted on 1/12/25 at 5:35 pm to diat150
quote:
Why? Lawyers charge much more
Are you asking me to defend lawyers? Damn it
In the court room, where lawyers get their revenue, the lawyers are the one doing most of the work.
In this instance, the athlete is doing 99% of the work/value generation, the agent is just the conduit.
Do not get me wrong, I do not think ant this legislated or regulated by government, just think 20% fee is outrageous
Posted on 1/12/25 at 7:16 pm to _Hurricane_
quote:
But NIL has made me question the amount of money our society ties up in these games. Could be better spent and given to better people.
You could say this about anything. There are bad people that have a lot of money in every industry. This isn't some new thing that just started because of NIL in college athletics lol
Posted on 1/12/25 at 7:54 pm to Oilfieldbiology
quote:
just think 20% fee is outrageous
Are they required to have an agent?
Posted on 1/12/25 at 8:26 pm to TackySweater
quote:An agent can discuss with a shcool (before the player enters the portal) what his price point could be. A player cannot be contacted by a coach or school.
Are they required to have an agent?
So yes, in this case, to determine their overall value, a player needs an agent, by rule.
To say "proportionally it's actually less" is retarded.
That's like me telling a client "Hey my hourly rate is $200 and I usually work 10 hours per case, making $2,000.00. I only need to work on your case for 1 hour. I'm therefore going to charge you $1,800.00 per hour for the same work. It's actually less than I would normally charge"
It's extremely unethical, dishonest, and scummy. These NIL agents by and large are not regulated, do not have to be licensed, nor do they require any training or education. It's a MASSIVE grift. I would love to be on the other end of any contract negotiation with these guys. Players are no doubt getting fricked.
Posted on 1/12/25 at 8:28 pm to PP7 for heisman
quote:
An agent can discuss with a shcool (before the player enters the portal) what his price point could be. A player cannot be contacted by a coach or school.
Does it have to be an “agent” ?
Posted on 1/12/25 at 8:48 pm to TackySweater
quote:After reading the rest of the thread, I know I'm going to regret this, but I'll engage with your semantics argument.
Does it have to be an “agent” ?
Kind of. It can be their cousin/uncle/brother/friend who can "contact schools" instead. They're more than welcome to let an unqualified family member take advantage of them. However, for most states, you have to at least be an attorney to "represent" them. Most of those states still don't even require that person to have any knowledge of contracts outside of what was needed to pass the bar (and I can tell you from experience, that's very little).
You know where that can't happen as easily? Professional sports leagues where representatives are required to become licensed agents and obtain not only malpractice insurance, but undergo background checks and obtain specific professional insurance related to their practice as an agent. So, if a player gets fricked by the negligence of their agent, they have a recourse.
"NIL agents" get to skirt a whooooole bunch of those rules, don't have to meet generally accepted industry standards, negotiate FAR less than professional agents, have FAR less understanding of contract law, have FAR less understanding of the substance of these contracts, and still take a much larger piece of the pie.
It's fricked, objectively.
Posted on 1/12/25 at 8:52 pm to PP7 for heisman
quote:
These NIL agents by and large are not regulated, do not have to be licensed, nor do they require any training or education
quote:
However, for most states, you have to at least be an attorney to "represent" them.
So in most states they actually do require education/training if they are required to be a lawyer.
I still blame the players either way for allowing themselves to get fricked.
Posted on 1/12/25 at 8:54 pm to PP7 for heisman
If you have an agent, are they actually finding legitimate “Name, Image, and Likeness” deals for them to advertise, or are they just grifting off what collectives are paying them to just be on the team? Seems like a great way to take advantage of barely literate athletes who don’t know any better
Posted on 1/12/25 at 9:05 pm to TackySweater
quote:I need to change my answer.
So in most states they actually do require education/training if they are required to be a lawyer.
After doing further research (and this research is super loose because these laws change faster than articles get written and I'm not going through the state by state legislature) only about 5 states require you to be an attorney.
So there is very, very little training needed to become an NIL agent.
quote:How and why? There is no players' association. Most NIL representation is done by small time guys and not the big dogs (CAA, IMG, WASSERMAN, KLUTCH). Even then they're not represented by Rosenhaus or his like. They're represented by inexperienced guys who are trying to get their foot in the door. I personally know someone who represented an All American this year and it would shock you how little training he had, despite being at an agency.
I still blame the players either way for allowing themselves to get fricked.
They have no players association. They have no bargaining power. They're by and large poor kids from poor families who are earning money for the first time with little to no education on the topic and no regulation.
I don't like unions in principal (in 2025) but as an attorney and someone who knows both professional athletes and agents (I am neither), something needs to change.
Posted on 1/12/25 at 9:08 pm to Gountiss
quote:Both, but more of the latter. The guys who get them promotional deals are real deal agents (for the most part) and are likely not taking 20%. The guys who represent a player from ULL and call an Alabama booster and ask how much they'll pay to get player A in the portal? They're taking 20%.
If you have an agent, are they actually finding legitimate “Name, Image, and Likeness” deals for them to advertise, or are they just grifting off what collectives are paying them to just be on the team? Seems like a great way to take advantage of barely literate athletes who don’t know any better
At LSU it's not hard for Harold Perkins to get a deal with Gordon to do some PI commercial work. Now Jayden Daniels getting a powerade deal probably takes some work, but his agent likely wasn't getting 20% of the deal - that's because his mom is an NFLPA certified agent and likely knew what she was doing in finding agents.
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