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Bamabuzzard

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They're still pretty far behind if they're only spending $13M. That's less than the number I heard for us, which was like $15M, and everyone says we're behind too. I guess their strategy is to make it rain on the bigger names and skimp elsewhere. I'm betting that won't work long-term.
Most schools are going to have to ultimately run it like an NFL team with a salary cap. You better pick the right players to pay the big bucks and get the right players you can get to play for less. Evaluation, development, and financial strategy will rule the day.
 

TiderJack

Hall of Fame
Jul 9, 2010
13,066
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It is a money game. We just had a 4* safety visit who had the quote below. This is what NIL has evolved into.

“NIL plays a big role in my decision. Coming from a family that doesn’t have a lot, that doesn’t have the stuff that other people have, NIL plays a big factor. My goal in life is to retire the fam, so if I can do that in college, I will,” he said.
 
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Con

Hall of Fame
Dec 19, 2006
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Northern Hemisphere
It is a money game. We just had a 4* safety visit who had the quote below. This is what NIL has evolved into.

“NIL plays a big role in my decision. Coming from a family that doesn’t have a lot, that doesn’t have the stuff that other people have, NIL plays a big factor. My goal in life is to retire the fam, so if I can do that in college, I will,” he said.
We need to add a shake my head emoji. I understand why he is thinking this way but it seems a little short sighted.
 

BamaMoon

Hall of Fame
Apr 1, 2004
22,696
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Boone, NC
It is a money game. We just had a 4* safety visit who had the quote below. This is what NIL has evolved into.

“NIL plays a big role in my decision. Coming from a family that doesn’t have a lot, that doesn’t have the stuff that other people have, NIL plays a big factor. My goal in life is to retire the fam, so if I can do that in college, I will,” he said.
We need to add a shake my head emoji. I understand why he is thinking this way but it seems a little short sighted.
Wow. I don't think he understands how money works in the real world.

I've never heard of him, but he better concentrate on playing college ball for 3 years and then getting to the NFL. Then he can do that.
 
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some_al_fan

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We need to add a shake my head emoji. I understand why he is thinking this way but it seems a little short sighted.
Wow. I don't think he understands how money works in the real world.

I've never heard of him, but he better concentrate on playing college ball for 3 years and then getting to the NFL. Then he can do that.
Is it short-sighted? The chances for a 4* safety to make it to the NFL are not great.

——-
In the US, there are just over a million players at the high school level. Of those, 73,712 make it to the NCAA level, representing just 7.3% of the talent pool.

At any one time, just over 16,000 are draft eligible, which is only 1.6% of that college player pool. And then only 259 players will be drafted. That is a minuscule 0.016% of the draft-eligible NCAA pool.
These young men have won the lottery, right? Well, not quite yet.

Having already been in the select 0.01% of the top 1.6% of the top 7.3% of the nation, the chosen players might be dismayed to learn that only 30% of those drafted will ever make it onto an NFL roster.

Of course, this number is skewed and isn’t a straight line across the board. The players taken in the first and second rounds will definitely be on the opening day roster, barring some unforeseen injury or something. But the players taken in the sixth and seventh rounds may have only a 10% or 15% chance, at least in the first year or two.
------

The new world of NIL sucks for the fans, but it does provide the opportunity for many young kids to earn their lifetime-level money.
 
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BamaMoon

Hall of Fame
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Is it short-sighted? The chances for a 4* safety to make it to the NFL are not great.

——-
In the US, there are just over a million players at the high school level. Of those, 73,712 make it to the NCAA level, representing just 7.3% of the talent pool.

At any one time, just over 16,000 are draft eligible, which is only 1.6% of that college player pool. And then only 259 players will be drafted. That is a minuscule 0.016% of the draft-eligible NCAA pool.
These young men have won the lottery, right? Well, not quite yet.

Having already been in the select 0.01% of the top 1.6% of the top 7.3% of the nation, the chosen players might be dismayed to learn that only 30% of those drafted will ever make it onto an NFL roster.

Of course, this number is skewed and isn’t a straight line across the board. The players taken in the first and second rounds will definitely be on the opening day roster, barring some unforeseen injury or something. But the players taken in the sixth and seventh rounds may have only a 10% or 15% chance, at least in the first year or two.
------

The new world of NIL sucks for the fans, but it does provide the opportunity for many young kids to earn their lifetime-level money.
Short sided to think a couple of million (even if he could make that on NIL) would last him and his family the rest of their life.
 

some_al_fan

1st Team
Jan 14, 2024
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Short sided to think a couple of million (even if he could make that on NIL) would last him and his family the rest of their life.
“couple of million” is actually how much an average American will make in the lifetime:

```
According to research published by the National Library of Medicine and the Social Security Administration, the lifetime earnings of the average U.S. citizen (over 50 years from age 20 to 69) vary substantially, depending on the various factors we will cover in this article, with an overall average median lifetime earnings of $1,850,000 for men and $1,100,200 for women.
````

I am not saying that this player is right, but it is hardly a short sided decision from the money standpoint. I think it has already been discussed that most of us, fans, will take a job with better pay, especially considering the short time the football player has in his career.

That said, it is really bad for NCAA football.
 
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NoNC4Tubs

Hall of Fame
Nov 13, 2010
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Wow. I don't think he understands how money works in the real world.

I've never heard of him, but he better concentrate on playing college ball for 3 years and then getting to the NFL. Then he can do that.
TBF..."or both"
Especially using words like “fam”. Lottery winners are usually broke again very quickly.
If it were spelled "Famb", that would be telling...😉
 

Bamabuzzard

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“couple of million” is actually how much an average American will make in the lifetime:

```
According to research published by the National Library of Medicine and the Social Security Administration, the lifetime earnings of the average U.S. citizen (over 50 years from age 20 to 69) vary substantially, depending on the various factors we will cover in this article, with an overall average median lifetime earnings of $1,850,000 for men and $1,100,200 for women.
````

I am not saying that this player is right, but it is hardly a short sided decision from the money standpoint. I think it has already been discussed that most of us, fans, will take a job with better pay, especially considering the short time the football player has in his career.

That said, it is really bad for NCAA football.

You're right, but the difference is that figure is for ONE "average American," not an entire family. A lot of these kids are being pressured to not only take care of their immediate family but their entire family. They have their hand held out and expect to share in the money. That is one of the many ways people who aren't used to having money go broke real quick once they get it.
 

BamaMoon

Hall of Fame
Apr 1, 2004
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You're right, but the difference is that figure is for ONE "average American," not an entire family. A lot of these kids are being pressured to not only take care of their immediate family but their entire family. They have their hand held out and expect to share in the money. That is one of the many ways people who aren't used to having money go broke real quick once they get it.
Very good point.

Fun exercise. Use round round numbers and a calculator. Takes 1-2 minutes at most.

Take the salary/benefits...basically what you've grossed over the last 10-20-30 years depending on your age. Add it up.

If you've been a wage owner for close to 30 years, you'll be shocked at the amount of money you've made in your lifetime.

If you've only made 50K and made it for 30 years you've made 1.5 million dollars. Incidently, according to the Bureau of Laber Statistics the average American makes around 51K a year.

Now, if your income level is around 50K a year and/or you have made that for 30 years, do you feel rich??? Remember, you are paying taxes out of this $$$.

I won't hold my breath waiting on positive answers to that.

Many people today probably feel like they are living at the poverty level if they only make 50K a year.

If you've been so lucky to make 75K to 100K a year, add it up and see how many times you've been a "millionaire." If you make 150K a year, you'll make a million in a little less than 7 years!

The point: You can make GREAT money and you'll probably never feel rich, much less feel like you can support more than 1-3 dependents on a very good salary.

So thinking 2 million dollars is enough to last for you, future spouse/kids and parents for the rest of your life is fools gold.
 

CB4

Hall of Fame
Aug 8, 2011
11,340
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Birmingham, AL
You're right, but the difference is that figure is for ONE "average American," not an entire family. A lot of these kids are being pressured to not only take care of their immediate family but their entire family. They have their hand held out and expect to share in the money. That is one of the many ways people who aren't used to having money go broke real quick once they get it.
Yep. All you need to do is look at that huge number of professional athletes across sports that garnered huge multi year, multimillion dollar contracts that are bankrupt/broke within a few years after their career ends. These kids need to understand NIL by itself isn’t going to get them “to the land of critical mass”. It is what they do the next 30-40 years. And the best way to prepare for those 30-40 years is to take advantage of the educational opportunities in front of them. That NIL money will disappear like a puff of smoke if they start sticking into every extended hand of family and friends.
 
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Bamabuzzard

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Very good point.

Fun exercise. Use round round numbers and a calculator. Takes 1-2 minutes at most.

Take the salary/benefits...basically what you've grossed over the last 10-20-30 years depending on your age. Add it up.

If you've been a wage owner for close to 30 years, you'll be shocked at the amount of money you've made in your lifetime.

If you've only made 50K and made it for 30 years you've made 1.5 million dollars. Incidently, according to the Bureau of Laber Statistics the average American makes around 51K a year.

Now, if your income level is around 50K a year and/or you have made that for 30 years, do you feel rich??? Remember, you are paying taxes out of this $$$.

I won't hold my breath waiting on positive answers to that.

Many people today probably feel like they are living at the poverty level if they only make 50K a year.

If you've been so lucky to make 75K to 100K a year, add it up and see how many times you've been a "millionaire." If you make 150K a year, you'll make a million in a little less than 7 years!

The point: You can make GREAT money and you'll probably never feel rich, much less feel like you can support more than 1-3 dependents on a very good salary.

So thinking 2 million dollars is enough to last for you, future spouse/kids and parents for the rest of your life is fools gold.
They'll pay somewhere close to $600,000-$800,000 of income tax right off the top of that $2 million so they're not even starting out with $2 million. But I get it, I really do. That type of money is too tempting for not only most kids but the kids' families. They only see the immediate impact of the money, but most never consider the long term of how little that is, especially considering a lot of the players are expected to support more than just mom and dad.
 

TiderJack

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