with NIL, I bet the transfer portal is going to get even busier

yeah. Saban will probably be best at navigating this too.

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It's really a shame, because a lot of players are going to be so antsy to get money in college, it may end up hurting their pro prospects. Basically NIL is going to destroy player discipline and commitment. NIL in combination with the new transfer rules is the end of cfb, and the end of football period

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You are one melodramatic bitch.

College football will survive just fine. And some players will probably be selfish about it, but I think the vast majority will be happy to get a little piece of the pie while continuing to work and improve their stock.

If anything it may help a few programs join the few elite currently at the top but I think it will hurt more programs in the long run.

Smaller programs not on the national landscape will have a hard time pulling in the 4 & 5 stars. Even regional guys that know the program.

You are also going to see some big time programs get hammered trying to use it to recruit laundering payments as promised prior to their commitment. Programs that use to be relevant are going to use boosters and whatnot to hopefully catch up quickly. Especially with the NCAA not requiring them to report it.

For Saban I think he will be able to successfully navigate it for the most part. Even though the college ca not help in endorsing for them to get paid he can provide guidance and I am sure there will be a agency designed for UA players to maximize their potential. Thankfully we have Saban for this.

The real issue are the agents that will push players o sign with them for NIL along with these handlers who now can provide a legit service to get paid off these kids. For them this will be like Casinos becoming illegal in Nevada for the first time. They will definitely be taking advantage of these kids.

Also not sure on the limitations for the endorsements but what happens if a kid wants Nike for an endorsement to sell his image while in college? Will he not attend any school not wearing Nike uniforms?

If they don't want that I really don't understand why unless it's something to do with not wanting to appear to be either employers or player representatives or creating a perceived conflict of interests. If it's the former, well that cat is out of the bag now. If it's the latter, that's why I said to create a fiduciary relationship between those representatives and the players that would require them to do what is in the best interests of the players.

I just think a system that effectively legitimizes handlers is a huge mistake. These guys need actual financial advice, not some high school drop out cousin skimming 30% off the top of whatever money they're earning.

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These guys need actual financial advice

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This will be the biggest thing for athlete that may earn large amounts. State income tax could drive students to specific states and play there. That is on top of Federal taxes.

A few states have no income tax which means all they earn is at least state tax free if their residency is in that state.

But it will also determine how they claim or their parents claim. If they are being claimed by their parents they will pay any taxes in their parent's state. Most college athletes are still being claimed as dependents.

But they could determine it is not advisable to be a dependent as to set up residency in their new state or their parents may no longer want to claim them because they push them to a higher income bracket.

Then you got the greedy state laws that professional athletes have to deal with at times. There is a possibility to be taxed in multiple states where the games are played.Lets say MS can determine the athlete earned his promotional money due to his performance in 12 regular season games the state of MS could say you played both Ole Miss and MSU in the state of MS this year. So 2/12th of your NIL money is being taxed in our state

So having someone that knows how to financially deal with this will be key. For many this will be the first time they will be receiving 1099s even for items instead of cash based on the value of the item.

Again for most they might not have to deal with it as they will make very little but some will. Each one should probably set up their own LLC(personally) to prevent from being sued, provide liability insurance, and to funnel the money through.

These handlers have no clue how to deal with any of this.

Alabama under Saban and the athletic leadership will make it sure each athlete is giving the greatest opportunity. They may not be able to oversee the NIL per se but they can provide guidance which will help to direct them to make the best decision.