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Good article about NIL

Knight Shift

Knight Shift

Heisman
May 19, 2011
85,289
82,782
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This free article is more interesting, frankly:

"The future of collectives​

Multiple sources have told ESPN that some school leaders are hopeful the future revenue-sharing model will eliminate or significantly decrease the role NIL collectives play in the marketplace for athletes."

www.espn.com

What to know ahead of this week's House v. NCAA settlement votes

Major college sports are set to shift this week to give athletes a significantly larger portion of the billions of dollars they help generate for their schools.
www.espn.com www.espn.com
 
J

JayDogSmooth

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Gregg said at the touchdown club meeting last year that we would need 6 million to retain, while Ohio state would need 13 million to retain and obtain
 
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Morrischiano2

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In the article I posted 6 of the 7 schools polled said they had 3000-7000 annual contributors, a large percentage of whom
are “subscription donors”- giving a small monthly amount, in addition to corporate and rich sponsors who give 5-6 figures.
 
Knight Shift

Knight Shift

Heisman
May 19, 2011
85,289
82,782
113
Morrischiano said:
In the article I posted 6 of the 7 schools polled said they had 3000-7000 annual contributors, a large percentage of whom
are “subscription donors”- giving a small monthly amount, in addition to corporate and rich sponsors who give 5-6 figures.
Click to expand...
 
Knight Shift

Knight Shift

Heisman
May 19, 2011
85,289
82,782
113
The dark side of NIL:

Rashada – now at Georgia after spending his freshman year at Arizona State – filed a 37-page complaint Tuesday morning in the U.S. District Court for the Northern District of Florida that claims he was repeatedly lied to for him to flip his commitment from Miami to Florida.

Gators’ head coach Billy Napier, former Florida director of NIL and player engagement Marcus Castro-Walker and well-known UF booster Hugh Hathcock are named as defendants. The lawsuit also names Hathcock’s former company, Velocity Automotive, which was supposed to be used to help fund the financial package.

 
N

NickRU714

Heisman
Aug 18, 2009
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Knight Shift said:
The dark side of NIL:

Rashada – now at Georgia after spending his freshman year at Arizona State – filed a 37-page complaint Tuesday morning in the U.S. District Court for the Northern District of Florida that claims he was repeatedly lied to for him to flip his commitment from Miami to Florida.

Gators’ head coach Billy Napier, former Florida director of NIL and player engagement Marcus Castro-Walker and well-known UF booster Hugh Hathcock are named as defendants. The lawsuit also names Hathcock’s former company, Velocity Automotive, which was supposed to be used to help fund the financial package.

Click to expand...


At least now the player has legal recourse.

I'm sure pre-NIL players were getting lied to about money also.
However you couldn't really go public "Louisville offered me $200k illegally to sign there. Then they never paid it."
 
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Morrischiano2

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Dec 3, 2019
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Knight Shift said:
The dark side of NIL:

Rashada – now at Georgia after spending his freshman year at Arizona State – filed a 37-page complaint Tuesday morning in the U.S. District Court for the Northern District of Florida that claims he was repeatedly lied to for him to flip his commitment from Miami to Florida.

Gators’ head coach Billy Napier, former Florida director of NIL and player engagement Marcus Castro-Walker and well-known UF booster Hugh Hathcock are named as defendants. The lawsuit also names Hathcock’s former company, Velocity Automotive, which was supposed to be used to help fund the financial package.

Click to expand...

I’m not familiar with the lawsuit but I remember that this kid flipped from a $8M offer from Miami to a $13M deal with Florida. I know that these kids have “handler/agents” but for that amount of money Rashada should have had spent $25K on a contract lawyer to give him a rock-solid deal.
 
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Knight Shift

Knight Shift

Heisman
May 19, 2011
85,289
82,782
113
Morrischiano said:
I’m not familiar with the lawsuit but I remember that this kid flipped from a $8M offer from Miami to a $13M deal with Florida. I know that these kids have “handler/agents” but for that amount of money Rashada should have had spent $25K on a contract lawyer to give him a rock-solid deal.
Click to expand...
$13M for an unproven player is insane, and so is $8M.
 
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Knight Shift

Knight Shift

Heisman
May 19, 2011
85,289
82,782
113


If the bid to move the fourth case to California is rejected, it could continue in Colorado. If that happens, the NCAA, the conferences and the plaintiffs’ attorneys in the cases seemingly headed toward settlement may have to deal with lawyers who wrote in a filing Tuesday evening that “it seems likely” that one of their plaintiffs “will opt out of any such settlement to continue to litigate their claims in this case … plaintiffs expect that many other athletes will opt out as well and could seek to join this case to seek better and fairer terms for athletes.”

Scott Broshuis, a lead attorney for the plaintiffs in the fourth case, told USA TODAY Sports on Monday night that he and his legal team have “real concerns” about the terms of the settlement proposal that’s being finalized for the other three cases “economically and about (the proposal) potentially foreclosing options and avenues athletes have to fight” for additional rights.

 
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