Geo: you said the impact of NIL is overestimated by fans. I honestly have no idea but I’m curious. Question: can the players take out insurance policies against future lost earnings in case of career ending injuries? I’m just trying to make sense of how a kid that doesn’t come from wealth can pass up a big guaranteed payday that would change the lives of their family, just because they love Pike or a particular school. An insurance policy could help offset the risk.
Rutgers Hoops and the NIL
- Thread starter hinson32
- Start date
Prior to NIL how do you think they paid players and got around paying taxes? Best money laundering ever?
Prior to NIL no disgruntled player or coach ever turned informant on a school isn’t that odd?
Strange to expect people supposedly paying millions for NIL to want something in return?
Why do college buildings have names on them?
We are beating out SEC schools for these kids. I hope you believe SEC can and do pay kids a lot of coin and have been doing so forever. They are getting paid. The Rutgers collectives do not pay recruits, that money is used for retaining players.
So it is one of two things:
1. These kids love Pike, love the color red and think the RAC pretzels are great.
2. Boosters are paying them.
Richie went on record confirming ace had multiple 7 figure offers.
This is a crazy thing to say given how many people on this board alone are tied into different athletic departments across the landscape. It’s common knowledge there are schools that have gotten to 8 figure NIl budgets in 2023.
Don’t get me wrong there will definitely be NIL on the table for all the guys… i just don’t like the downplaying of the great recruiting and connections by the coaches. They’re doing an amazing job
I believe Richie heard that
I don’t believe it’s true
The irony is that on the football board, the excuse for lack of recruiting is usually "Well HC GS is a great recruiter still. But HC recruiting and connections don't matter anymore. NIL has changed the game and its all about money."
Pretty interesting how one staff is getting better under NIL (built the program first through wins) and the other appears to stagnating (attempted to build through recruiting first).
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So players aren't getting paid now nor were they ever getting paid. You're so naive. You might be the only person in America who believes this
I know what info is public or not . And who is discussing NIL -- that was done already-- an athelete providing a service i.e. an NIL, usually becomes an independent contractor or an employee and those monies are reported and taxes paid along with the usual. However many were discussing nonchalantly that under the table "gifts" in the millions for no services would be handed out by billionaires as if candy. Hefty fines for hiding that and not paying can get you more than penalties. Now if you're
an ordinary citizen giving a little more than the yearly limits you usually never get caught. But for guys like Towers , he'll get caught cause of discussions like this if he doesn't report. Many of us have spent years and money trying to pass $ to our kids legally. Hey even the BIdens set up tons of LLC.s to hide $---LOL.
College sports boosters and athletes are the best money launderers and tax evaders ever?
I don’t believe it
“Everyone says so” isn’t a convincing argument to me
Obviously lol
Ace isn't the average. He's a top 3 player in the country
Dean getting offered 70k but people think Ace isn't getting big money? Come on people
A) Jeff is on our executive committee.
B) I wish that we had billionaires giving us 7 figures, lol.
C) All the folks giving KTR $10 - $500 a month are making a significant impact as that money keeps adding up month after month. We need many more of them.
D) We don’t offer deals to anyone who is not a Rutgers student athlete. Period.
Best,
Jon
B) I wish that we had billionaires giving us 7 figures, lol.
C) All the folks giving KTR $10 - $500 a month are making a significant impact as that money keeps adding up month after month. We need many more of them.
D) We don’t offer deals to anyone who is not a Rutgers student athlete. Period.
Best,
Jon
I know KTR had a lot of success with the donation matching a few months back but everything has kind of gone dark in terms of visibility. Maybe that's by design on your part, maybe not. How is the collective working on raising it's profile with the general RU community?
We went dark because folks were getting sick of us asking for money for six weeks straight. 
Things are about to ramp up again.
Things are about to ramp up again.
Weren’t there near weekly recruiting scandal threads pre-NIL?
And the jokes that South Eastern Louisiana State would be getting the death penalty for a Blue Blood buying players?
A little weird this is now in dispute.
https://www.espn.com/mens-college-b...tenced-adidas-recruiting-scandal?platform=amp
And the jokes that South Eastern Louisiana State would be getting the death penalty for a Blue Blood buying players?
A little weird this is now in dispute.
https://www.espn.com/mens-college-b...tenced-adidas-recruiting-scandal?platform=amp
The NIL matters, but also GS lost momentum and the recruits and NIL donors have short memories. I’m rooting for him but he’s got some chopping to do.
Dean getting offered 70K = two years of the cost of living stipend + academic bonus + housing allowance (and a place to get a relatively inexpensive apt off campus) + 10-20K of NIL - with the condition being a bunch of personal appearances and social media posts.
To me the success of recruiting is how bringing in new players translates in to winning games.
Success on paper isn't success.
Let's look back in 4 to 5 years and see where the program is and how many wins we have.
On paper recruiting you wasn't a success.
Funny story...one day early in the morning I was getting breakfast in my hotel in PA and i had a beat up Seton Hall baseball shirt. Nice lady said oh you are a Seton Hall fan. I said no i hate them, but I know the baseball coach and he gave me the shirt. She then said she was at the RAC and loved it said and they (Michigan) beat us. She then raved about our guard Geo Baker. Apparently she said you either played with or against her son in AAU and had great things to say about you.
You should really consider joining premium where some more tidbits about money are given
I am. I didn’t see anything more about Reiber on the Round Table
Did someone break down his NIL rumor there?
Seton Hall shirts should only be used for drying cars after the car is washed
Jeff Towers and his millions are running the show now. Pay to play 100%.
Nahhh, they should be wetted and used to scrape off heavy dirt buildup and bird poop before washing the car. Or for cleaning up spills and wiping hands during oil changes.