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What is to stop teams from offering NIL money and walk-on status
Posted on 1/31/22 at 3:02 pm
Posted on 1/31/22 at 3:02 pm
equivalent to scholarship + NIL money?
If a full-ride scholarship is worth $35k at a school, why not just up the NIL by that (after taxes) and save the scholarship?
I posted this on tb, also.
If a full-ride scholarship is worth $35k at a school, why not just up the NIL by that (after taxes) and save the scholarship?
I posted this on tb, also.
3
Posted on 1/31/22 at 3:19 pm to deputyfife
I guess the only thing would be cost.
Scenario 1: Luther Burden accepts a scholarship from Mizzou, Schnucks pays him 20k for advertising their brand. His value is he will be a star player in their market.
Scenario 2: Schnucks pays Burden 100k so he pays taxes and tuition and still has 20k left. Schnucks pays 5 times more for the same advertising. Meaning his brand now has to be 5 times more effective.
You start paying out of state tuition and the numbers get worse.
Scenario 1: Luther Burden accepts a scholarship from Mizzou, Schnucks pays him 20k for advertising their brand. His value is he will be a star player in their market.
Scenario 2: Schnucks pays Burden 100k so he pays taxes and tuition and still has 20k left. Schnucks pays 5 times more for the same advertising. Meaning his brand now has to be 5 times more effective.
You start paying out of state tuition and the numbers get worse.
Posted on 1/31/22 at 10:44 pm to deputyfife
I don’t think there’s enough bodies that need to be obtained through NIL to make it worthwhile in football.
And it’s funny money between the AD and the school anyway.
And it’s funny money between the AD and the school anyway.
Posted on 1/31/22 at 11:34 pm to the808bass
Dumb answer, but there is nobody to stop anyone from doing anything at this point.
What school have you seen come under fire from their use of NIL? Nobody? Yeah, me too. Anything and everything goes at this point.
BYU is already doing exactly as you describe btw
What school have you seen come under fire from their use of NIL? Nobody? Yeah, me too. Anything and everything goes at this point.
BYU is already doing exactly as you describe btw
Posted on 2/1/22 at 7:03 am to deputyfife
BYU did that already. Had a protein company offer NIL money equivalent to full tuition and stuff to all walk-ons. and all scholarship players got a check/checks of the same amount.
Posted on 2/1/22 at 11:12 am to MizzouFan13
The BYU isn't as lucrative as the rumors. Walkons get $3k to $6k, scholarship players get 1k.
You have to live on campus, so a walkon basically pays about 24k after his NIL money. But he now loses any Government Aid which amounts to about the same 6k. So if offered a scholarship you take the scholarship, not the NIL deal.
The NIL deal pays for classes only up to 12 semester hours. We all know, that's just the tip of the iceberg for college cost. Especially a private school. Also a walkon gives up the training table, tutors, premium healthcare and trainers. Also there is no road back after the required mission trip.
It created buzz, which was probably the real purpose. But the deal itself, isn't a game changer for BYU.
You have to live on campus, so a walkon basically pays about 24k after his NIL money. But he now loses any Government Aid which amounts to about the same 6k. So if offered a scholarship you take the scholarship, not the NIL deal.
The NIL deal pays for classes only up to 12 semester hours. We all know, that's just the tip of the iceberg for college cost. Especially a private school. Also a walkon gives up the training table, tutors, premium healthcare and trainers. Also there is no road back after the required mission trip.
It created buzz, which was probably the real purpose. But the deal itself, isn't a game changer for BYU.
Posted on 2/1/22 at 12:54 pm to surgicalvenom
Interesting, now i wish i had done more research into the deal. I just remember it blowing up on social media and they way the company framed the wording, was walk-ons basically getting a scholly and scholly kids now get a decent check.
Posted on 2/1/22 at 1:48 pm to MizzouFan13
Here is the breakdown from the AP article that actually cracked open the deal.
Scholarship players can earn $1,000. For walk-ons, players who are not on athletic scholarship, the payment can be equivalent to the cost of a year’s tuition at BYU, which ranges from about $3,000 to $6,000 per semester. (notice the strategic use of the word "can")
The big problem here is the walkon losing government aide because they have to disclose income. Another issue is scholarship players are counted as in state tuition for the AD. That way the AD saves money when they pay the athletes tuition. An out of state walkon pays out of state tuition. That's a huge difference in tuition. So even a 10k NIL deal for an out of state walkon would be a crap deal.
Scholarship players can earn $1,000. For walk-ons, players who are not on athletic scholarship, the payment can be equivalent to the cost of a year’s tuition at BYU, which ranges from about $3,000 to $6,000 per semester. (notice the strategic use of the word "can")
The big problem here is the walkon losing government aide because they have to disclose income. Another issue is scholarship players are counted as in state tuition for the AD. That way the AD saves money when they pay the athletes tuition. An out of state walkon pays out of state tuition. That's a huge difference in tuition. So even a 10k NIL deal for an out of state walkon would be a crap deal.
This post was edited on 2/1/22 at 2:47 pm
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