With the NIL in place, how much $ do you think comes in?

Submitted by Monkey House on August 23rd, 2022 at 4:56 PM

I really like this set up, although the take percentage seems a bit high for the company setting this up, but I'm really happy for the players. I saw yesterday it was trying for $50k a month, so how much do you think is possible? I'm guessing the $50k will be easily met. 

 

crg

August 23rd, 2022 at 8:32 PM ^

My point is in regards of the purpose of a full ride scholarship from the university.  The foundational purpose of it is to provide assurance of being able to afford the cost of attendance while being able to put in the full hours necessary to commit to their sport (since doing so usually precludes being able to work), correct?

If players are now able to substantially monetize their participation in the school-funded sport, the should the school still be responsible for covering their tuition?  This is not intended to be some form of punishment, but a recognition that players receiving *significant* financial compensation solely due to their participation in the school sport (e.g. the various six figure NIL deals we are hearing for the "star" players - some before they have even played a single official down of college football) maybe don't *need* that scholarship, which could be given to someone who *does* need it.  Why is this wrong?

Blue in Paradise

August 23rd, 2022 at 8:56 PM ^

Since when did we start means-testing athletic scholarships?

  • Do Jett and Jace Howard need a scholarship?  Their dad is worth over $100 million and earns a 7 figure salary from the University.
  • Did Aidan Hutchinson need a scholarship?  His dad is a renowned doctor. 
  • Does Kris Jenkins need a scholarship? His dad was a 2x All Pro who made major bank in the NFL
  • Did Chris Hinton need a scholarship?  His dad was a 2x All Pro who made major bank in the NFL

If the school paid these guys a salary, then you might have a point - but Michigan is making over $100 million per year from its football program and the only thing the players get is a scholarship.

You obviously are willing to die on this hill but you are wrong.  Michigan football players are worth hundreds of thousands per year AND a scholarship AND probably a lot more.  Whether you like it or not, people are voting with their money and they are voluntarily paying these guys to play for their school.

Now, you can give your money to a college sports NIL program or you can help out students in need or you can send it to Ukranians in need or you can help the homeless or you can blow it on cocaine and lap dances.  You do what you want to do with your money but stop trying to come up with reasons to take money away from the incredibly hard working and talented young men on our football team.

Vote_Crisler_1937

August 23rd, 2022 at 9:15 PM ^

Actually, having played for a Big Ten coach who once coached his own sons, it’s possible Jace and Jett don’t have to be on basketball scholarships.
 

If Michigan, like my Alma Mater, let’s children of coaches/admin/faculty attend for free, then Juwan could do what my coach did, have his kids attend under that policy then use the two scholarships for two other kids. 

there MIGHT be Title IX/countable aid issues with this but not that I’m aware of. Jace and Jett would just have to be cool with being walk-ons. 

Booted Blue in PA

August 24th, 2022 at 8:20 AM ^

I thought I read somewhere that the program is only allowed so many scholarships... so if an athlete is receiving academic scholarship and is on the football team, would essentially 'lose' one athletic scholarship.  Obviously to prevent schools from using academic scholarships to game the system and carry more scholarship players than allowed. 

crg

August 23rd, 2022 at 9:20 PM ^

Since you ask - why shouldn't athketic scholarships be means tested in some regard?  For years on this board, so many people argue that the players were entitled to payments and other preferential treatment because it was (for a large proportion of the players) a means of advancement out of bad socio-economic positions.  In those cases, it absolutely makes sense for those players to receive full financial support from the university to not only give them the chance to develop both their athletic and academic opportunities.  But, for cases you mention, where they come from multimillion dollar families or have some alternative income (NIL or otherwise) that puts them several tax brackets above what the average college undergrad student is seeing, should they really also be getting that full ride?

Before pointing to the revenue numbers, you should first extract the expenses as well.  Michigan may have made $100M in revenue off the football program, but what did it *net* after paying for everything to support that program?  Now divide that *net* by all the players, support staff, GAs, tutors and everyone else involved in making it happen.  The final "value" of each individual contribution may not be as large as you suspect.

Your last point about what individuals want to do with their own money is all personal opinion.  I am not telling anyone what to do with their money, but occasionally I might bring up alternative suggestions (charity is never a bad idea).  To each their own.  However, regarding what the *university* does with their money (which includes scholarships) is within my right to comment as a donor, alumnus, and tax payer.

crg

August 23rd, 2022 at 8:45 PM ^

That isn't exactly a fair comparison though, is it?  Those seven-figure coaching salaried are normally for a select few, with the rest of the staff being six or five figure salaries (although I completely agree that they are generally far too inflated - compare current salaries to coaches at the same schools in the 70s & 80s after adjusting for inflation).  That said, the coaches have far more responsibility, put in far more hours and are doing much more than any individual player... and the coach is ultimately responsible for all the 100+ players on the roster, the staff, and the various supporting operations under their control.  The argument about the coach/administration being paid one value while those doing the "real" work being paid another isn't much different than arguing about why an automaker executive is paid a high salary while the line workers done the "real" work are paid a fraction of that.

Not to mention the whole issue of one role being an actual job while the other is an after class activity sponsored by the school (with those players being full time students in every legal and financial purpose).

RobM_24

August 23rd, 2022 at 6:03 PM ^

Nope. Because the market for college football players says that the services of the players are worth whatever people and institutions are willing to give them. And if that's only a scholarship, then that's all they'll get. If it's a scholarship and $10MM, then that's what they'll get. And it has nothing to do with anything else. And if someone else wants a scholarship to play college football, then they are welcome to start playing and see if they have any value as a football player. 

crg

August 23rd, 2022 at 8:48 PM ^

The problem with that analogy is that participation in a school-sponsored activity is not a job market, nor is it meant to be.  The purpose of these schools is still to provide academic education, not be a sporting franchise buying, selling and trading players on an open market.

crg

August 23rd, 2022 at 8:58 PM ^

If you chose to be petulant (as much of your posts tend to be), that's your call.  You can also drop the hyperbole about posting "dozens of times a day" on the matter - I post maybe a few times a day (at most), and overwhelmingly about subjects other than this.  (You also clearly don't understand my avatar nor the spirit of that particular strip - you should check it out sometime.)

No, I am not exactly in favor of "paying the players" as you probably define the term... mainly because those players are already being compensated for their efforts (not merely in the tangible compensation such as tuition, room, board and all the various benefits that add up to $100k -$200k per year in equivalent value, but also in the signicant career opportunities that are being provided by that sport participation... what other school sponsored activity provides its participants with the chance to parlay that into a multimillion dollar career immediately out of college?)  Seriously ask yourself this - why is this all of a sudden (just in the past 10ish years) an issue about player compensation when it was never a concern in the 2000s, 90s, 80s, 70s, 60s or any other decade prior covering the 150+ years of college sports in this nation?  Why is it so pressing and urgent of an issue now... and who is really pushing it (meaning where is the money coming to support the various legal challenges and motions pushing for it)?

crg

August 23rd, 2022 at 9:04 PM ^

Apples to oranges.  Those internships are not be given because of the actions the students are doing *for* the university.  Typically (speaking from experience) those internships are full time jobs done outside of the college semester, not concurrently.  Also, I would rarely categorize an internship as "high paying"... at least for undergrad students.  Many outside science, engineering and finance don't even pay.

rc15

August 24th, 2022 at 7:10 AM ^

I specifically said "high paying at Google, Apple, etc.". Google interns make $53/hr plus get housing, transportation, etc.

Why would you say academic scholarships are given? Usually they're given to students that could've gone to a better school, but are going to raise the average GPA, ACT scores, etc. of the student- body by attending.

It makes the school more appealing to others to attend. Just like having a good football team does...

UMForLife

August 24th, 2022 at 1:29 AM ^

I am all for paying players and any student for that matter. But this analogy is not a good one. Schools make millions of dollars (probably billions) thru grants that they have students work for assistantships. They get meagre salary. Mind you, some of these students are brilliant students. Do they go out and make money on their own later. Of course and some of them make a lot of money using that experience. Just saying that not all are equally compensated and this issue is not just in Football. Private job market is a different story. 

UMfan21

August 23rd, 2022 at 8:33 PM ^

FwIW, I did my part and joined the $25 a month club.  Since I don't buy tickets or seat license this is something....and more of it goes directly to the players than seat licenses.

 

The average is about $25 per person so I think that's a pretty good price point for them