You’re right. Georgia Tech is just a poor little school who will never be able to compete with all those smart rich schools like Georgia, Auburn, or Alabama. We should just accept our poverty and not ask questions.
This will be an annual expense that will build up. Until the player uses his free transfer, they can reopen the bidding each year. On the other hand, if the player fails to perform or gets injured the NIL will disappear. This will be more wide open than the NFL.Apparently TAMU bought their #1 2022 class for around $30M. Its amazing to me that TAMU boosters value recruiting so much as to spend $30M to acquire recruits. I mean dont they have anything else better to spend their money on? They are crazy.
Texas A&M football is paying a high price for its 2022 top-overall class
The Texas A&M football team is putting together a dream 2022 class. Some new information may lead us to how this is happening for Jimbo Fisher.gigemgazette.com
My understanding is that performance based NIL's are not allowed.
Yeah... the idea that a famous player like a Trevor Lawrence could earn some money on like a Hardee's commercial has quickly devolved into I'll pay you $500K to leave your current team to play on my team. It's total horseshit. College athletics, and college football in particular, is in the most embarassing state within my lifetime. I have essentially no interest in watching any of it outside of GT... and I'm concerned that may be waning.
Right. That would make them an employee of the NCAA and then the whole "non-profit" house comes crashing down into the IRS ocean. I think the performance based contracts suggested in this thread, though, meant more that a player should earn their NIL by first becoming a star, and then profiting off his stardom. The highly recruited player than never cracked third string would just never get an NIL contract, instead setting for his $100K scholarship (oh, poor thing).
Penn for the tranny women’s swimming championship of merica.
The model is NIL for highly rated freshman. Those will go away if they do not perform. At the same use NIL money to raid the top performers at other schools. This is not exactly pay for performance but it is close. The pay disappears if you do not perform.
That’s the only good I see coming from this.
I suppose the one thing I dont understand is the structure of these NIL contracts. So if TAMU promises a 5-star QB a $1M/year NIL deal, youre saying they get nothing if they dont make the field? I assumed the first year money is already earned just by signing your name. Yearly deals after that are then based upon performance, at least I thought.
That didn't work out so well for Len Bias.
They get the first year money for signing. The 2nd year NIL is based on the first year performance. However the player is free to transfer to another school with a better offer. The player has leverage assuming he performs until he transfers the first time.
