Ishbia/UWM Ending MSU NIL Program

Submitted by FauxMo on June 2nd, 2023 at 2:32 PM

Ishbia wants to avoid an "actual or perceived conflict of interest." The details are vague, but he/UWM were giving "up to $700 a month" to "more than 100" MSU athletes across sports. Not sure what percentage of their total NIL dollars this involves, but this certainly cannot help recruiting.

LINK

BLUEinRockford

June 2nd, 2023 at 9:53 PM ^

Hard to pick a favorite but I would say 2017 George T Stagg is at the top of the list. Was gifted a sample so maybe not in your under category. Currently enjoying a EH Taylor Single Barrel that is delicious, also numerous releases of ECBP have been spectacular.

I've never had a Stagg jr. I'm sure it was very good.

Derek

June 2nd, 2023 at 2:46 PM ^

Interesting. Is the conflict of interest that:

  1. His professional basketball teams might want to sign and pay MSU athletes?
  2. His NIL contributions might encourage MSU athletes to:
    1. Return to school instead of turning pro and helping other NBA teams?
    2. Refuse to play for other teams? (h/t TruBluMich)
  3. Something else?

TruBluMich

June 2nd, 2023 at 2:59 PM ^

The conflict comes when others take what he is doing now and amplify it.  Never underestimate the greed and competitiveness of a billionaire. Billionaires only care about status, because money no longer matters. Imagine a scenario where a top player refuses to play for the team that drafted them because that team didn't take care of them in college.  The team owner either ends up with the player on their team, or they don't have to compete against them on another team.

Leaders And Best

June 2nd, 2023 at 5:30 PM ^

Unless his business goes bankrupt, I don't think the stock price is going to affect his wealth too much. He made a fortune the moment he took his company public.

Also, the stock is down since the IPO (most SPAC IPOs from the pandemic are down post-IPO), but the stock has rebounded up over 50% year-to-date so I don't think that is the reason.

Leaders And Best

June 2nd, 2023 at 5:39 PM ^

Here's an argument for Ishbia's conflict of interest:

Let's say he gives a bunch of MSU basketball players big NIL deals with the unwritten hope that they sign as free agents with his Phoenix Suns or to get a leg up on an UDFA from MSU, similar to the influence shoe companies have with high school players. It could also be a way to circumvent the salary cap as well. Let's say LeBron James sent his son or some superstar sent a cousin to play at MSU with a huge NIL deal. The optics would be poor.

An argument against:

I could see why Ishbia would have a conflict of interest with men's and women's basketball. But that would not that would prevent him from continuing the program with all the other sports at MSU.

NittanyFan

June 2nd, 2023 at 2:53 PM ^

It doesn't matter how much $$$$$ you have --- if you're supporting a college athletic program, you don't really call the shots.

But that's not so with the Suns!

If I were him, I'd spend 99% of my time and $$$ on the Suns.  Seems considerably more fun.