Changes coming to NIL

[Padreruf]

Here's a link to an interesting article about what is ahead in NIL with the NCAA funding and oversight of NIL packages. Golf is being cut to 9 scholarships -- which will cause a few schools to cut players. They "insinuate" that some golfers are making 1 million per year...hard to believe.

https://read.nxtbook.com/global_golf_post/global_golf_post/20241111/nil_men.html

 

[JDCrimson]

I get a daily email from an economist if follow. Here is his email from yesterday...

NCAA Numbers The Friday File: Now that college athletes can earn money for their name, image, and likeness (NIL), wow are they starting to rake it in. In NCAA Division I men’s basketball, the average income of the starting five is now $3.3 million. For women’s basketball it’s $730,000. In football, the average income of starting players in the Power Four conferences is $10.7 million. Absolutely astounding, and good for them.​

​

Econ70 - Home of GraphsandLaughs www.econ70.com Elliot F. Eisenberg, Ph.D.​

 

[AlexanderFan]

I get a daily email from an economist if follow. Here is his email from yesterday...

​ NCAA Numbers The Friday File: Now that college athletes can earn money for their name, image, and likeness (NIL), wow are they starting to rake it in. In NCAA Division I men’s basketball, the average income of the starting five is now $3.3 million. For women’s basketball it’s $730,000. In football, the average income of starting players in the Power Four conferences is $10.7 million. Absolutely astounding, and good for them.​

​

​ ​ Econ70 - Home of GraphsandLaughs www.econ70.com Elliot F. Eisenberg, Ph.D.​

Is that 22 players totaling $10.7, or each of the 22 makes $10.7?

 

[rolltide_21]

Is that 22 players totaling $10.7, or each of the 22 makes $10.7?

I would say the former-

https://www.on3.com/nil/rankings/player/nil-100/

 

[AlexanderFan]

I would say the former-

https://www.on3.com/nil/rankings/player/nil-100/

I would think so as well, that’s still almost $500k each I believe.

 

[64 Grad]

Most jobs require an apprenticeship or education. Most people enjoy that part of their development. Amateur sports served this purpose in the past. Turning college sports into a profession is wrong. Not all change is wrong, but people love to play sports and the status quo should have remained.

 

[colbysullivan]

If the changes are anything less than the complete abolishment of it, I’m not interested

 

[Evil Crimson Dragon]

Player collectives should be banned

 

[Krymsonman]

I get a daily email from an economist if follow. Here is his email from yesterday...

​ NCAA Numbers The Friday File: Now that college athletes can earn money for their name, image, and likeness (NIL), wow are they starting to rake it in. In NCAA Division I men’s basketball, the average income of the starting five is now $3.3 million. For women’s basketball it’s $730,000. In football, the average income of starting players in the Power Four conferences is $10.7 million. Absolutely astounding, and good for them.​

​

​ ​ Econ70 - Home of GraphsandLaughs www.econ70.com Elliot F. Eisenberg, Ph.D.​

This is just getting completely nuts. Some of these numbers are more than true professionals make. Is this sustainable? How long before all of these "donors" realize they aren't getting their bang for the buck and it all comes crashing down.

 

[crimsonaudio]

In football, the average income of starting players in the Power Four conferences is $10.7 million.

This is 100% false.

 

[B1GTide]

This is 100% false.

Milroe was in the top 5 this year at under $3MM.

 

[RTR2u]

Milroe was in the top 5 this year at under $3MM.

Good grief. That's ridiculous.

 

[JohnD]

Milroe was in the top 5 this year at under $3MM.

Uncle Sam says thank you! And why would the Federal Government try to change this? Quite likely the bulk of this NIL money comes form long term capital gains, which would be taxed at 20%, or some other venture with deductions to reduce the tax further. In exchange, it is given to these athletes who are going to be taxed at 37% for the numbers we are talking about. Don't look for Congress to get involved.

 

[JDCrimson]

Reread it I think he is saying the starting 22 average $10.7m which averages to a little less than $50k per player. Which is probably about right.

This is 100% false.

 

[BamaInBham]

Reread it I think he is saying the starting 22 average $10.7m which averages to a little less than $50k per player. Which is probably about right.

Actually, $10.7 M for the starting 22 averages $483 K per starter, which sounds more reasonable.

 

[NoNC4Tubs]

I get a daily email from an economist if follow. Here is his email from yesterday...

​ NCAA Numbers The Friday File: Now that college athletes can earn money for their name, image, and likeness (NIL), wow are they starting to rake it in. In NCAA Division I men’s basketball, the average income of the starting five is now $3.3 million. For women’s basketball it’s $730,000. In football, the average income of starting players in the Power Four conferences is $10.7 million. Absolutely astounding, and good for them.​

​

​ ​ Econ70 - Home of GraphsandLaughs www.econ70.com Elliot F. Eisenberg, Ph.D.​

Is that an average for annual or total college eligibility?