Purdue BB Recruit (HS Jr) gets $500K offer that would make him ineligible at Purdue
NIL Landscape Changes that make you go hmm...
August 17th, 2021 at 12:23 PM ^
Such an absurd amount of money to have at that age.
August 17th, 2021 at 1:09 PM ^
Why?
August 17th, 2021 at 3:14 PM ^
the only possible explanation for this question? you're twelve.
August 18th, 2021 at 7:37 AM ^
I’m in 40s. I don’t get what’s so offensive about a person who works hard at a skill and is working and getting paid. If some wonder kid made half a million investing or playing on the market, would the reaction be the same? I don’t think so.
August 18th, 2021 at 9:34 AM ^
I don’t think he said anything about it being offensive.
August 18th, 2021 at 2:33 PM ^
it was certainly implied
August 18th, 2021 at 6:58 PM ^
You... You've gotta be playing dense for some bizarre purpose. What in the world are you even ranting about with this "implied" nonsense? You can't understand how someone could make an extremely simple note that $500k is a shit ton (absurd) of money for a 16 year old to have? It doesn't matter what it's for, whether it is deserved, how hard they worked for it, whatever. It's a shit ton of money for a 16 year old.
August 19th, 2021 at 8:36 PM ^
My 4 word comment somehow is a "rant" you. Do you even read the shit you post?
August 17th, 2021 at 7:40 PM ^
But at 18 I could take out 100k in loans for school that might kill my future. I'd rather have the 500k grant.
August 17th, 2021 at 12:25 PM ^
Myles Colvin should definitely take the $500K and not play for Purdue.
August 17th, 2021 at 12:48 PM ^
I'd not play for Purdue for $300k
August 17th, 2021 at 1:24 PM ^
I will not play for Purdue for $200k.
August 17th, 2021 at 1:41 PM ^
And this, ladies and gentlemen, is why economists call global neoliberal capitalism a 'race to the bottom.' :)
August 17th, 2021 at 2:41 PM ^
You should appreciate the system we have. There are kids in (redacted) who would not play for Purdue for $3.50
August 17th, 2021 at 3:55 PM ^
Tree fiddy? Whoa, nellie.
August 17th, 2021 at 5:24 PM ^
This might be the most fucked up version of Name That Tune that I've ever seen.
August 17th, 2021 at 12:29 PM ^
What's the reason he would be ineligible at Purdue? They mention that he would be without actually stating why.
August 17th, 2021 at 12:32 PM ^
From what I can tell: because he'd be earning money in the sport, rather than from outside of it.
August 17th, 2021 at 12:34 PM ^
Because he would be earning money to play in Overtime Elite thereby ending his amateur status. Not the same as NIL marketing deals -- this is pay for play.
August 17th, 2021 at 12:40 PM ^
Seems like a distinction without a difference. Get paid to play bb = no good. Get paid to advertise because you play bb = okay.
August 17th, 2021 at 12:45 PM ^
This is the point made by the concurrence in the recent SCOTUS opinion.
August 17th, 2021 at 1:27 PM ^
I think the NCAA is looking at it like...
Get paid to play for specific team = no good.
Get paid regardless of the team you play for = good.
August 17th, 2021 at 2:53 PM ^
The NCAA may hope that is the case, but there are sure to be a deep pocket boosters who will pay players to advertise only if they play for a specific team.
August 17th, 2021 at 1:41 PM ^
A classic case of form versus substance. You can't do directly what can be achieved indirectly.
August 17th, 2021 at 12:29 PM ^
If his dad is a former NFL player who made millions, as the article suggests, I would think it would be an easy call for the kid if he always wanted to play for Purdue.
August 17th, 2021 at 12:41 PM ^
It's not a matter of being unable to be on scholarship and just paying your own way -- he wouldn't be able to play college basketball, period, because he'd be signing a contract to get paid to play basketball. He would no longer be an amateur.
A fair question would be how different is that from getting money because you play basketball?
August 17th, 2021 at 7:42 PM ^
I think he's saying not to join the league at all because he doesn't need the money, which may or may not be true.
August 17th, 2021 at 12:43 PM ^
You have no idea of the family's financial situation. Just because the dad made millions doesn't mean the kid doesn't need money. Plenty of ex-players that made a lot and then went broke.
August 17th, 2021 at 12:49 PM ^
Why do people act like if you have rich parents that all of the sudden $500k is no longer $500k
August 17th, 2021 at 12:39 PM ^
I would think he could get at least a decent part of the $500K from NIL at Purdue. Add in the other mentioned benefits - education, exposure - you could make a pretty good case for going to college.
August 17th, 2021 at 12:42 PM ^
Even subtracting income tax, making $500k by the time you're 18 would be...good.
August 17th, 2021 at 12:54 PM ^
This is the inevitable reality of the future of CBB. If or basically when these semi pro leagues can afford to pay this amount of money then it will basically ruin the one and done rule for CBB.
The NBA and NBPA still get what the want out of Article X (1& done) in the form of various minor league systems tailored to develop NBA league talent.
August 17th, 2021 at 12:55 PM ^
So many weird comments in this thread.
First off Overtime Elite has nothing to do with NIL. This is a separate league that's emerged to compete with college basketball. It was going to exist with or without NIL, and guys like Colvin would have gotten this offer with or without NIL. Maybe I'm misinterpreting the OPs comment of "NIL Landscape Changes that make you go hmm", but NIL is going to be the main reason Purdue can hold onto Colvin if he does stay.
Secondly, the reason Colvin would be ineligible for college basketball if he took this offer is the same reason any player who goes to the NBA is ineligible. They forfeit their eligibility by getting paid to play basketball, or being a professional. It's the same distinction that keeps a guy like Lebron James ineligible from just deciding to come play college basketball when he's done in the NBA.
August 17th, 2021 at 5:43 PM ^
It would be awesome though if Howard could convince Lebron to come play in A2 for a year or two.
August 17th, 2021 at 1:54 PM ^
“You wanna go to the league, so school's not your priority... we not trippin' off school. We not dumb. We know how to learn. We don't need school. And school not even teachin' you shit—what the fuck is school?”
August 17th, 2021 at 2:43 PM ^
Ah, the Cardale Jones school of thought.
On a serious note, Cardale Jones did well enough at OSU to not forever be remembered for that one statement.
August 17th, 2021 at 1:57 PM ^
Take the $$$, go play in Europe for a year after HS and then enter the draft. Sucks for Purdue but good deal for him.
August 17th, 2021 at 2:27 PM ^
If you play 3 on 3 Gus Macker, and get paid, it's not "college 5 vs 5" basketball so, since the "game is different" are you still ineligible?
Go Blue.
August 17th, 2021 at 4:07 PM ^
https://www.macker.com/rules
COLLEGE:
- Current intercollegiate basketball players are permitted to participate in Gus Macker Tournaments held between June 15 and August 31.
- A letter from the athlete’s college or university’s athletic department must be sent to Gus Macker granting permission to participate in a Macker event. In addition, no more than one player from any one college team can appear on a Macker roster.
August 17th, 2021 at 6:08 PM ^
Not relevant to the conversation, but at 51 I still have a big knot on my right calf from being kicked while playing in Gus Macker.
August 17th, 2021 at 4:21 PM ^
Would there be any way he could get around losing his amateur status by playing for the Overtime Elite for free and getting paid to make ad's, appearances , endorsements, etc for the his team/league? Akin to playing for college team and getting paid for NIL.
August 17th, 2021 at 5:15 PM ^
How does this overtime elite operate? Do athletes pledge a % future earnings? Sponsors, social media revenue, etc likely offset some of the cost but hundreds of thousands per kid adds up. Do they also have a management/agent division where athletes sign to receive representation?
August 17th, 2021 at 6:13 PM ^
That's what Will Wade might refer to as a "strong-ass offer".
August 17th, 2021 at 7:39 PM ^
Wade's offers are even stronger, though, because they don't that inconvenient "income tax" thing as part of the package.
August 17th, 2021 at 6:28 PM ^
I’m really confused by the OP.
This has nothing to do with NIL. No different than signing with the G League.
August 17th, 2021 at 9:41 PM ^
They'll figure out how to make it work. That's what sharp lawyers and accountants do.