A New Type of NIL

[ShockBand]

Making every single one of our Final Four starting 5 millionaires at the conclusion of that glorious season, would have made a lot more sense than the bullshit I'm seeing now.

Two players off that roster became millionaires on their own (and they weren't even starting).

Ron
Fred

Three NBA millionaires: Fred, Cle, and Ron

[Atxshoxfan]

It was sad. All that hard work his entire youth to finally make it to the top of his sport and ... *poof*.

That will be very common when young kids get rich overnight. They have no concept of real budgeting or finances. Look at the music industry, many of them are big for a year or two, only to become bums after their moment in the lights.

[MikeKennedyRulZ]

That will be very common when young kids get rich overnight. They have no concept of real budgeting or finances. Look at the music industry, many of them are big for a year or two, only to become bums after their moment in the lights.

Not to mention taxes…

[WuShock Reaper]

Trump demands 5% cut from GOP candidates who use his 'name, image and likeness' in ads

https://www.yahoo.com/news/trump-demands-5-cut-gop-225528771.html

David Jackson, USA TODAY
Wed, April 17, 2024 at 5:55 PM CDT

"WASHINGTON - Donald Trump is trying to bring into politics a phenomenon that's taking off in college athletics: money for use of the former president's name, image and likeness in campaign ads. In a letter this week, the Trump presidential campaign asked all down-ballot GOP campaigns for at least a 5% cut of the money raised from advertising that features the party's 2024 presumptive White House nominee. "We ask that all candidates and committees who choose to use President Trump’s name, image, and likeness split a minimum of 5% of all fundraising solicitations to Trump National Committee JFC," said the April 15 letter signed by campaign co-campaign managers Susie Wiles and Chris LaCivita...."

[WuShock Reaper]

Virginia law allows schools to pay athletes for NIL

https://www.espn.com/college-sports/story/_/id/39967961/virginia-law-allows-schools-pay-athletes-nil

Dan Murphy, ESPN Staff Writer
Apr 18, 2024, 10:32 AM ET

"Schools in Virginia will be able to directly pay athletes via name, image and likeness deals thanks to a state law signed Thursday morning, marking another significant step in the professionalization of college sports. The new law, which is scheduled to take effect July 1, is the first in any state to make it illegal for the NCAA to punish a school for compensating athletes for their NIL rights. Current NCAA rules prohibit schools from signing NIL deals with their own players. The law could either give Virginia schools a significant recruiting advantage or provide a catalyst for similar changes elsewhere..."

[1972Shocker]

And the NCAA still has issues in court:

Federal judge's ruling puts billions at stake for NCAA

Latest class-action lawsuit facing NCAA could lead to over $900 million in new damages

[WstateU]

[MikeKennedyRulZ]

Anybody hear about the NIL thanksgiving tourney in Vegas? 8 teams this year and 16 teams next year. Each team gets a cool million just for being in the tournament and the winner gets an additional million. All for NIL.

Of course they are only inviting teams who likely don’t need help with NIL, except San Diego state and Florida Atlantic .

Alabama, Duke, Florida Atlantic, Houston, Kansas, Oregon, Rutgers, San Diego State, St. John’s, Syracuse and Virginia are the teams rumored this year.

[C0|dB|00ded]

Anybody hear about the NIL thanksgiving tourney in Vegas? 8 teams this year and 16 teams next year. Each team gets a cool million just for being in the tournament and the winner gets an additional million. All for NIL.

Of course they are only inviting teams who likely don’t need help with NIL, except San Diego state and Florida Atlantic .

Alabama, Duke, Florida Atlantic, Houston, Kansas, Oregon, Rutgers, San Diego State, St. John’s, Syracuse and Virginia are the teams rumored this year.

So now these tournament invites will be directly linked to recruiting. Schools will start paying the tournaments under the table in order to get invited... so they can use the tournament "winnings" to pay their players' "appearance fees".

Money laundering 101.

FBI time. Let's bust this NIL cluster**** wide open once and for all please.

[AZ Shocker]

For sh#ts and giggles...let's see if a 5 star kid who is offered 1 million nil money to play at Duke turn it down in order to come play ball at Wichita St. for 1.1 million. Hurry up...somebody pony up the cash to try that.

[Stickboy46]

For sh#ts and giggles...let's see if a 5 star kid who is offered 1 million nil money to play at Duke turn it down in order to come play ball at Wichita St. for 1.1 million. Hurry up...somebody pony up the cash to try that.

For science of course. Maybe we can get it to qualify for a research grant.

[ShockBand]

For science of course. Maybe we can get it to qualify for a research grant.

If we do some wind tunnel testing can we use some NIAR funds?

[shock]

If we do some wind tunnel testing can we use some NIAR funds?

Sure, but how do we get Penny Hardaway to Wichita to test?

[Stickboy46]

Sure, but how do we get Penny Hardaway to Wichita to test?

Simple, have someone anonymously drop him a hint that there is a Shocker looking to transfer

[Stickboy46]

If we do some wind tunnel testing can we use some NIAR funds?

If the player getting the NIL hits the button to start the test... It counts right?