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Discussion in 'The Mainboard' started by HotMic, Jan 4, 2021.
fuck that guy
Congrats to the new Wiltfong Tom Loy
that might honestly happen, 247 has been making Loy do more National stuff last 3 months plus
as long as it ain’t Bud Elliot
Looks like we are finally going to start paying recruits/players.
I like the cut of this fella
"Break the rules, fight the law"
This fella has almost too much SEC in him
I'm just glad Kirby and our AD are taking the proper steps to level the playing field with the rest of CFB. We are now setup to compete in recruiting.
Feels good to do things the right way
I will never tire of that voicemail shitting on Woody’s fatass. Wish there was one for Farrell too
Knowing your weaknesses is a danger?
Who’s collective did something crazy here? #Tennessee Volunteers #Texas AandM Aggies #Ohio State Buckeyes #Miami Hurricanes #Southern California Trojans
#Notre Dame Fighting Irish
Pretty much has to be a QB: so I’m guessing it was either Manning (Texas/UT/?), Nelson (USC) or Moore (ND), Nico (Tenn, ?)
the athletic uses 247 rankings usually
all those schools have collectives
Ohio State doesn’t even have a top 2023 QB target yet.
may be this with the Ubben note at the bottom. Nico maybe, attorney in Irvine Ca matches.
This is my guess.
Not us. We can’t approach kids about NIL deals until after they sign a LOI
Nico flying around in a PJ to take unofficials weirded me out
The rumor is Nico with Tennessee. Oregon fans on Twitter are not happy about it.
Guessing he won't be playing his SR year of high school. He no longer has amateur status.
Could enroll by the fall if he has enough credits plus summer school.
The article didn't say it was a school, did it?
got the article ?
On Friday, a five-star recruit in the Class of 2023 signed an agreement with a school’s NIL collective that could pay him more than $8 million by the end of his junior year of college, The Athletic has learned. He’ll be paid $350,000 almost immediately, followed by monthly payouts escalating to more than $2 million per year once he begins his college career, in exchange for making public appearances and taking part in social media promotions and other NIL activities “on behalf of (the collective) or a third party.”
While there’s no centralized database to reference other contracts, two NIL experts believe it’s the largest individual NIL deal signed by a non-professional athlete.
Blake Lawrence, the founder of the NIL marketing platform Opendorse, said a deal that high seems like an outlier but added, “Whatever casual sports fans or coaches think student-athletes are earning from collectives, they’re (undershooting) by 10X. While $2 million (a year) is wild, $200,000 isn’t, but most people are thinking they’re getting $20,000.”
Lawyer Mike Caspino, who drafted the contract, allowed The Athletic to review and verify the contract in exchange for keeping the player and collectives’ identities anonymous. It provides a window into how donor-driven third parties tied to specific schools operate.
As per NCAA rules, the contract explicitly states, “nothing in this Agreement constitutes any form of inducement for (the athlete) to enroll at any school and/or join any athletic team.” There is no mention of any specific university, only that he be “enrolled at an NCAA member institution and a member of the football team at such institution,” ostensibly to avoid violating the NCAA’s pay-for-play rule. The only specific circumstances by which the collective could terminate the contract early is if the player violates a confidentiality clause or a clause about conducting himself with “the utmost character and integrity.”
“There’s an element of trust there,” Caspino said in regards to a collective offering that much money with no written assurance the athlete will sign with the donors’ school come December.
But in exchange for receiving his lucrative advances, the player hands over to the collective exclusive rights to use of his NIL, which would then negotiate outside opportunities on his behalf. In theory, that could dissuade him from entering the transfer portal, as he would not be able to make paid appearances promoting his next school.
Caspino, who says he has worked on deals like this with about 30 high school players, said the original terms were far more one-sided toward the collective. He decried some of the tactics those groups and NIL agents are using to maintain control over the athlete.
In one draft version of another deal The Athletic reviewed, the collective agreed to pay an athlete $1.5 million across two years but could “from time to time” ask for repayment of that money, plus a 10 percent commission and expenses — even if the agreement were to be terminated.
“Man, that is terrifying, quite frankly,” said Malik S. Jackson, a Florida-based attorney who works in the NIL space. “That was a terrible provision, and if that’s put in, that’s a sign the collective is not athlete-centric. It can’t be.”
Jackson compared it to one-sided contracts in the music industry commonly referred to as “360 deals,” where record companies claim a share of an artist’s future earnings.
Caspino, however, was able to negotiate that language out of his client’s particular contract. It’s unclear if it has been included in others. Jackson said he hasn’t seen language like that in any contracts he has dealt with on behalf of companies but has not dealt with collectives often.
Caspino said he has also seen language in which the collective retains a player’s exclusive NIL rights for the duration of the contract even if it’s terminated early.
“There’s always some hook in there, that if they’re paying money, somehow, someway, that kid is going to have a deep financial inducement to stay at that university,” he said. “I’ll never have one of my clients sign that.”
His concern is that most high school players are signing deals like these without running them by an attorney first.
“The word ‘exclusive’ is the most expensive word for any athlete in any marketing agreement,” Lawrence said. “Student-athletes should own and maintain their NIL rights.”
But for some athletes and families, it may be too tempting to sign what’s offered, no matter the terms.
The fact that a high school junior has been promised more than $8 million to entice him toward a specific school — even if not put in writing — no doubt will horrify college administrators, many of them already frustrated by the NCAA’s inability to police NIL.
Last month, the NCAA Board of Directors asked the Division I Council to prepare a report by April assessing the impact NIL is having in recruiting, among other issues.
“We are concerned that some activity in the name, image and likeness space may not only be violating NCAA recruiting rules, particularly those prohibiting booster involvement, but also may be impacting the student-athlete experience negatively in some ways,” said board chair Jere Morehead, the president at the University of Georgia.
But many in the profession believe the NCAA wants no part in trying to enact restrictions on athletes’ NIL compensation due to last summer’s Supreme Court decision in the Alston antitrust case. As long as all parties are smart enough to not put anything recruiting-related in writing and the athlete can prove he or she is providing legitimate NIL services, there may be no limit to the rapidly soaring dollar figures permeating recruiting.
“Nobody knows what these kids are actually worth because there’s not enough data,” Lawrence said. “Imagine you’re selling your home, Zillow never existed and someone comes up and says they’ll give you $50,000 for your house. You have no idea whether that’s good or bad, but it sounds like a lot, so you take it. But then you go and search Zillow and find out it was actually worth $500,000.”
The top high school prospects are quickly learning they’re worth far more than that.
Effectively the General Manager of our Football Operations.
you can in Cali with NiL, rumor is Long Beach poly
Quite the collection of uhhh Columbus “influencers” being brought together for NIL
Seems like a weird spot for a socal kid
does he have to give the $350k advance back when he decommits?
This should be the rule honestly.
Do you not know or is this a good joke ?
8mil makes anywhere attractive.
I’m aware of the $$$
It is in Florida, the states that don't have any laws is the wild west. Ex. Texas A&M's recruits had their NIL deals signed prior to NSD.
I can honestly say I am looking forward to watching this play out.
From GA, top 100 kid and UGA doesn’t seem to want him so I guess we are lucky they let us have em
They get Gabe "Fake Ass Ray Drew" Harris instead
Tough but fair on the Reverend
lol why in god’s name was Gabe Harris ever crystal balled to Ohio State
you guys were just 1st to tell him he wasn't fat