Name, Image, Likeness

chris13 said:
I’m sure it sucks to have to share some of his $10 million a year salary with the players
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Uh, in that linked article he explicitly states he wants revenue sharing model with the players. Sounds like he simply doesn't like the wild wild west of school collectives and an unregulated market of monies going to players but is in favor of a market with a more clearly defined and prescribed model that would be consistent school to school.
 
I just discovered this article that is about a week old that is yet another piece of info about NIL and what players cost these days. The author spoke to coaches in P6 conference to get this info.
https://www.on3.com/transfer-portal...in-on-navigating-the-transfer-portal-and-nil/

“I would say, to really compete in the portal/NIL era, as a Power Six school you got to have $1.5 million or more,” a coach in the SEC said.

Furthering that thought, “A full starting five, to be serious, cannot be done for less than $1,000,000,” a Big 12 coach said.

A coach in the ACC told me, “It is hard to get a starter at the P6 level for less than $150,000-$200,000.”
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The article goes on to report that bigs and PGs seem to get the most money, as there is some scarcity at those positions. The coaches interviewed also say that NIL money trumps playing time, playing styles, and all the other factors that weigh into the decision where a kid will go to school.

It is worth noting that Duke is not a typical P6 program, we are a Blue Blood and extremely high profile. For obvious reasons, a Duke starter is probably going to command more NIL dollars than a kid who starts at a more average P6 school.
 
Bluedog said:
$18k is the limit that one person can gift to one other person in one calendar year (doubled if married, can give $36k) before simply it counts against ones lifetime gift exclusion of $13.61 million.

So, gifting more than $36k as a married couple to one person requires the GIVER (not the recipient) to file an extra tax form but they don't actually OWE tax on anything unless they exceed $13.61 million over their lifetime (subject to change of course).

The receiver of gifts never owes any tax.

Note that I am NOT arguing it's a gift, simply explaining the gift tax laws. :)
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Be careful. The $13.61 million gets cut in half on 1/1/26. Tax-and-spend government officials may be licking their chops.
 
Billy Dat said:
McCain one of 6 prominent college men’s players doing a March Madness campaign for Kim Kardashian’s skims clothing line:

https://www.instagram.com/p/C4qqPgiLtJl/?igsh=MzRlODBiNWFlZA==
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Huhn. This is straight out of Sesame Street -- "Which one of these things is not like the other, which one of these things is not the same?"
I've never seen Paxson Wojcik described as a prominent player before.

Did they want a Tarheel, and no one else was willing to be on the same team as Caleb Love?
 
Billy Dat said:
McCain one of 6 prominent college men’s players doing a March Madness campaign for Kim Kardashian’s skims clothing line:

https://www.instagram.com/p/C4qqPgiLtJl/?igsh=MzRlODBiNWFlZA==
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Can someone who understands fashion more than me explain this to me? I saw this and thought that these guys looked like they were basically wearing beige garbage bags. Also, they all look absolutely miserable.

I'm sure that both of those are artistic/fashion choices that I don't understand, but I can't get over it.
 
dlmzzz said:
Huhn. This is straight out of Sesame Street -- "Which one of these things is not like the other, which one of these things is not the same?"
I've never seen Paxson Wojcik described as a prominent player before.

Did they want a Tarheel, and no one else was willing to be on the same team as Caleb Love?
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HAHAHAHA - you're right, I forgot Wojcik was in there...that would be a great story, why was he included?
 
High school players and NIL

A friend of mine told me today about a ninth grade girls player who apparently is making approximately $50,000 a year in NIL of some sort. My friend, who coaches a girls team, says the player is extremely good – in his words, "South Carolina bound". My friend is pretty well connected, so I assume the story is true. But I still find it amazing.
 
MChambers said:
A friend of mine told me today about a ninth grade girls player who apparently is making approximately $50,000 a year in NIL of some sort. My friend, who coaches a girls team, says the player is extremely good – in his words, "South Carolina bound". My friend is pretty well connected, so I assume the story is true. But I still find it amazing.
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Not to doubt the veracity of your friend, but I'd definitely not blindly assume that it's true. I'll point out again that it's in EVERYONE'S best interest to inflate the actual numbers being offered and accepted. If your ninth grade girl is getting $50k and headed to SC - that means EVERYONE should be getting at least that, right?

There's a pretty sharp incentive for numbers to be inflated. Makes the schools look rich and capable. Makes the athletes look like they are worth the money. Makes the boosters seem influential.
 
Understood

Mtn.Devil.91.92.01.10.15 said:
Not to doubt the veracity of your friend, but I'd definitely not blindly assume that it's true. I'll point out again that it's in EVERYONE'S best interest to inflate the actual numbers being offered and accepted. If your ninth grade girl is getting $50k and headed to SC - that means EVERYONE should be getting at least that, right?

There's a pretty sharp incentive for numbers to be inflated. Makes the schools look rich and capable. Makes the athletes look like they are worth the money. Makes the boosters seem influential.
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I agree with your point generally. However, in this instance, my friend wasn't being asked to come up with NIL for the player, and my friend's source was someone he knows fairly well who is close to the player, so I am inclined to think the number was fairly accurate.

It just means that number is what top talent high school girls players can command. Doesn't mean much of anything about college players, or players who aren't so talented.
 
MChambers said:
I agree with your point generally. However, in this instance, my friend wasn't being asked to come up with NIL for the player, and my friend's source was someone he knows fairly well who is close to the player, so I am inclined to think the number was fairly accurate.

It just means that number is what top talent high school girls players can command. Doesn't mean much of anything about college players, or players who aren't so talented.
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Oh. I'm not meaning to call your friend a liar. I'm just pointing out that anywhere that is reporting these numbers is incentivized to inflate them. And there's zero accountability or auditing being done.

Your friend may have heard directly from the player herself - it doesn't mean that it is accurate.
 
Jeremy does a quick interview ahead of the tournament. He mentions an NIL deal with Raid, the pesticide, which came about as a play on his last name. Good stuff.

 
MChambers said:
A friend of mine told me today about a ninth grade girls player who apparently is making approximately $50,000 a year in NIL of some sort. My friend, who coaches a girls team, says the player is extremely good – in his words, "South Carolina bound". My friend is pretty well connected, so I assume the story is true. But I still find it amazing.
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If someone is giving a kid playing a non-revenue sport (girls HS bball is definitely not making bucks) with three years of school left $50K, I'm immediately reminded of the old adage, "A fool and his money are soon parted".
 
From today's Brendan Mark's article on Flip in "The Athletic"
"“That was a point in my life where I was trying to get a lot more mental fortitude,” Filipowski told The Athletic last week as part of an interview regarding his NIL deal with IcyHot. “Better with my mindset going into things, and being OK with feeling anxious in certain situations.”

I wonder if kids with NIL deals will only talk to the media if they can plug?
 
UrinalCake said:
Jeremy does a quick interview ahead of the tournament. He mentions an NIL deal with Raid, the pesticide, which came about as a play on his last name. Good stuff.

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Nice interview with Jeremy but a lot of us do realize that Coach Scheyer is actually good:). Goodman getting fired from Field of 68, as reported, never materialized. He always looks like he has a pinch between both cheeks and gums.
 
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