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re: Florida QB situation couldn’t better illustrate players being bought by NIL

Posted on 1/12/23 at 3:29 pm to
Posted by Revelator
Member since Nov 2008
57932 posts
Posted on 1/12/23 at 3:29 pm to
quote:

But again, that's not putting any revenue in the player's pockets.



If someone provided you a free house, paid for the utilities and paid for your food, it might not put actual money in your pocket, but it would certainly have a financial value.
Posted by Revelator
Member since Nov 2008
57932 posts
Posted on 1/12/23 at 3:31 pm to
quote:

but throw in a bad QB on top of it…


He might turn out to be bad, but you can’t call a 5 star QB bad before he proves he’s bad on the field.
Posted by Mo Jeaux
Member since Aug 2008
58671 posts
Posted on 1/12/23 at 3:32 pm to
quote:

If someone provided you a free house, paid for the utilities and paid for your food, it might not put actual money in your pocket, but it would certainly have a financial value.


So what? You've appointed yourself as arbiter of the correct compensation level for a group of people. I don't know why.
Posted by White Tiger
Dallas
Member since Jul 2007
12830 posts
Posted on 1/12/23 at 3:33 pm to
This surprises you?
Posted by White Tiger
Dallas
Member since Jul 2007
12830 posts
Posted on 1/12/23 at 3:36 pm to
quote:

Why shouldn't a HS prospect maximize his market value? If a booster of a school is willing to give a guy 6-7 figures to play at that school why should the player turn it down? The conferences are bringing in nearly $1B per year in TV/media contracts. The schools are bringing in close to, if not over, $100M per year in ticket sales/revenues including licensing (LSU gets paid for use of their "NIL" on your "good" LSU Columbia fishing shirt). The HCs are earning 5, 6, 7, 10 Million per year. So why shouldn't the players, perhaps the most important part of the entertainment business, be privy to some of that revenue generated?


Agree completely.
Posted by IM_4_LSU
Augusta, GA
Member since Mar 2014
8998 posts
Posted on 1/12/23 at 3:37 pm to
That is wild for sure.
Posted by Revelator
Member since Nov 2008
57932 posts
Posted on 1/12/23 at 3:40 pm to
quote:

So what? You've appointed yourself as arbiter of the correct compensation level for a group of people. I don't know why.


By having an opinion on a chat board?
Posted by Sterling Archer
Austin
Member since Aug 2012
7309 posts
Posted on 1/12/23 at 3:40 pm to
Just a FYI the Florida QB's father denies that he asked for a release from NLI LINK
Posted by LCTFAN
New Iberia
Member since Mar 2013
2738 posts
Posted on 1/12/23 at 3:48 pm to
Mo Jeaux
quote:

Seems to me that a major court case and the current paradigm disagree with your quaint antiquated view.


Opting out, nothing anyone can do about this other than cancel the financial aid

Making transfers sit out a whole year would encourage kids to stay at one school. This may be legal and not sure.

Moving from school to school does not promote the student athlete part of the equation.

NIL is here and here to stay, the richer alumni will buy players

I understand your passion accepting NIL but there are the hard-core College fans that want to see a recruit sign and stay 4 years, develop and love for lifetime, understand them.

There is always the option to turn the tv off and enjoy life another way.


Posted by yallallcrazy
Member since Oct 2007
761 posts
Posted on 1/12/23 at 3:51 pm to
quote:

77 million in revenue.


Where is the cost line? How much is all the equipment? Practice gear, game gear, game day staff, nutrition, weight facility, strength program, meeting facilities, locker room, rec center? How much are the players being charged for the use of the nations best personal trainers and nutritional advisors? What is the monthly fee for the world class workout facilities?

I sure don’t care that they make a little money. They should be salaried like a campus job with a reasonable stipend. But to act like the got nothing is absolutely crap. Forget the education entirely. Most all that money goes right back into the programs. Coach salaries are the only possible argument but players want to be developed by the best so it still comes back to being reinvested in the program
Posted by Revelator
Member since Nov 2008
57932 posts
Posted on 1/12/23 at 3:54 pm to
quote:

Just a FYI the Florida QB's father denies that he asked for a release from NLI LINK



What better way to sweeten your NIL deal than to start a rumor that you want out?
Posted by White Tiger
Dallas
Member since Jul 2007
12830 posts
Posted on 1/12/23 at 4:04 pm to
quote:

There is always the option to turn the tv off and enjoy life another way.


Likely to happen for some.
Posted by Salviati
Member since Apr 2006
5532 posts
Posted on 1/12/23 at 4:07 pm to
quote:

Fans need to get over the farce that major college football is an "amateur sport". When the conferences, NCAA, and schools are, collectively bringing in BILLIONS of dollars in revenue it is an entertainment business...not all that unlike the NFL.
Correct.

Amateurism in Power 5 football is a myth and has been for decades. Schools and entities that profit from college football have received billions of dollars in windfalls due to the legacy of amateurism. Schools have merely had to provide tuition, room, board, perks, etc. typically at or around marginal cost.

How much would players receive in compensation above and beyond tuition, room, board, perks, etc. if there were no regulations preventing them from receiving that compensation?

College football generates more than $4 billion in annual revenue for the 65 universities making up the Power 5. Most of the major professional sports share revenue between teams and players. Typically it's right around 50%-50%.

How many Power 5 schools are paying their players an aggregate of $30 million? ($2 billion / 65)

As a firm believer in free markets, I believe the players should receive what the market would bear if there were no regulations preventing them from receiving that compensation.

Why should government and quasi-government regulations prohibit players from earning market compensation?
Posted by Salviati
Member since Apr 2006
5532 posts
Posted on 1/12/23 at 4:13 pm to
quote:

If someone provided you a free house, paid for the utilities and paid for your food, it might not put actual money in your pocket, but it would certainly have a financial value.
Instate tuition at LSU is $11,958. A full ride might be worth $25k. That's a full-time job for $25k in "value," not salary, not paycheck, but "value." Well, I guess it's more than minimum wage.

Moreover, most of the "value" is the tuition. What is the marginal cost to LSU of adding 85 players to the LSU system?
Posted by Alt26
Member since Mar 2010
28339 posts
Posted on 1/12/23 at 4:13 pm to
quote:

If someone provided you a free house, paid for the utilities and paid for your food, it might not put actual money in your pocket, but it would certainly have a financial value.


There's no dispute that it has "value". The question is one of relativity. Is that value provided reasonable relative to the amount of revenue generated? If the school/conference is bringing in hundreds of millions of dollars in revenue based, in part, on your efforts the perceived value of not having to pay for those items may be very small relative to the revenue generated. For instance, a player may be of the mindset that he'll happily pay for his own home, food, goods, etc in exchange for getting a reasonable share of the millions in revenue.

I get the tradition, pageantry, and nostalgia of college football and share in my joy of that. But the reality is major college football, even before NIL, the transfer rule, etc was FAR closer to a professional sport than an amateur scholastic extracurricular activity.
Posted by SlowFlowPro
Simple Solutions to Complex Probs
Member since Jan 2004
422412 posts
Posted on 1/12/23 at 4:15 pm to
quote:

. Message boards are saying that the reason for Jaden Rashada’s wanting out of his Letter of Intent is due to an NIL deal that never got done.


Thread based on article citing this board as its source

INCEPTION

This post was edited on 1/12/23 at 4:16 pm
Posted by mdomingue
Lafayette, LA
Member since Nov 2010
30259 posts
Posted on 1/12/23 at 4:17 pm to
quote:

Where is all this "pay for free" bullshite come from ? They get a FREE college education. Depending on what school, that's multiple thousands of dollars ! Free books, free housing, free meals, Plus MANY other perks for 5 years.


Posted by Earnest_P
Member since Aug 2021
3510 posts
Posted on 1/12/23 at 4:17 pm to
quote:

Where is all this "pay for free" bull shite come from ? They get a FREE college education. Depending on what school, that's multiple thousands of dollars ! Free books, free housing, free meals, Plus MANY other perks for 5 years.


Also, no one is forcing them to play. I hope the whole thing crashes and burns. It’s not worth saving anymore if this is the way it’s going.
Posted by landrywasbeast30
Member since Nov 2011
4904 posts
Posted on 1/12/23 at 4:30 pm to
I wish everyone constantly complaining about this would just stop watching and go away. No one cares. The players can openly get paid and transfer. It is what it is.

Also, I love all the “they already get paid with free education” people. Gtfoh. They also have no money in their pockets. If some companies or boosters want to put cash in their pockets, why do any of you give a frick? Why do you want to mess with someone’s money?

Players have always been paid. It was way more shady than it is now.
Posted by yallallcrazy
Member since Oct 2007
761 posts
Posted on 1/12/23 at 4:31 pm to
quote:

instance, a player may be of the mindset that he'll happily pay for his own home, food, goods, etc in exchange for getting a reasonable share of the millions in revenue.


These kids want to get to the NFL. They have access to the best in position coaches, personal trainers, equipment etc. That’s where most of those millions are being spent. They are given access to many thousands of dollars a month of the type of expertise and equipment required to get to the NFL. Good luck trying to create an NFL body and skill set without that access, and that’s forgetting the plush locker rooms and all the gear etc.
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