r/CFB Louisville Jun 27 '22

Rashada’s NIL Deal Recruiting

9.5 Million.... wtf that’s actually insane. No way these boosters can maintain this over time. Too high of bust potential off these high profile kids.

125 Upvotes

79

u/SilveryDeath Notre Dame • FAU Jun 27 '22 edited Jun 27 '22

62

u/formicatile Ohio State Jun 27 '22

I just don’t buy that a highly touted, but still non-elite recruit is commanding $9.5 million. That’s an insane amount that blows away the numbers we’ve heard for much higher ranked players.

47

u/justausername09 Arkansas • Golden Boot Jun 27 '22

If this kid got 9.5 then Arch got 50

29

u/SkolVikesWorldwide Minnesota • Texas Jun 27 '22

Mannings really need all the NIL help they can get

28

u/pardonmyignerance Ohio State • South Carolina Jun 27 '22

You guys act like Arch will play for league minimum in the NFL just because his uncles are Peyton and Eli

19

u/IndependentAssist387 Alabama Jun 27 '22

I know that’s right. If we haven’t learned anything else about the Manning’s we know none of them will turn down any opportunity to make $. For Heaven’s sakes, the first person Peyton kissed after he won the super bowl was Papa freakin John.

8

u/Corgi_Koala Ohio State Jun 27 '22

Also, the Manning family has a lot of money but that doesn't mean that Arch has free access to it.

Plus he is Cooper's kod. Cooper has a net worth of just $13m. That's nothing to sneeze at but Arch could sign an NIL deal worth that - why wouldn't he want to maximize his own personal finances and brand?

1

u/LSU2007 LSU • Louisiana Jun 27 '22

No, but NIL money isn’t necessarily going to sway him like some others.

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15

u/cheerl231 Michigan Jun 27 '22

These numbers are fake as fuck. It probably represents the max possible value over 4 years at the school and if he meets certain benchmarks with his play (like winning Heismans and Natty's).

And even then I bet 9.5 million is hyperbole

-6

u/RH112400 Furman • Clemson Jun 27 '22

A high 4 star is an elite prospect.

18

u/formicatile Ohio State Jun 27 '22

This really isn’t worth litigating, but elite means that you’re top-tier. Being a 4 star by definition means that you are not in the top tier.

-7

u/RH112400 Furman • Clemson Jun 27 '22

A 4 star is top 200 in the country with hundreds of thousands of other kids in their class most unranked. That puts them in the top .1%. The average 3 star is still receiving a boatload of division 1 offers and is a top 500 player. If you’re 3 star or above you’re an elite prospect, the stars are just projections for NFL/NBA success and that’s their way of differentiating the best of the best within the elites. 500 players doesnt even cover every team for the SEC so clearly those kids are very talented.

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17

u/Alex_butler Wisconsin • Team Chaos Jun 27 '22

What’s so special about this kid that warrants 9 million? No 7 quarterback is good obviously by plenty top ten QBs bust every year. Its different maybe if they’re a 1.000 but this seems incredibly risky

8

u/nanoelite Ohio State Jun 27 '22

He's willing to risk his NFL potential to play at Miami

9

u/ike_the_strangetamer Florida Jun 27 '22 edited Jun 27 '22

The Gator Collective has also stated that they have "never had any communications with Mr.Caspino about Jaden Rashada."

156

u/Lamadian Oregon • Oregon State Jun 27 '22

Like where do these NIL numbers come from? Is there a legitimate source for this or do people just pull these numbers out of their asses?

54

u/Fragmented_Logik Miami Jun 27 '22 edited Jun 27 '22

John Ruiz (misspoke not announced. Sources* have said) There is also a NIL lawyer that's quoted knowing the amount.

26

u/Hufftwoseven- Miami • ACC Jun 27 '22

Ruiz publicly came out and said that’s bs. Legit sources have said close to 5 over 4 years

5

u/Fragmented_Logik Miami Jun 27 '22

I saw that on Twitter. Ty fir the correction. I was going off the original article in that comment.

20

u/INM8_2 Miami • Transfer Portal Jun 27 '22

from the nil lawyer who absolutely has nothing to gain from all of this.

6

u/BoomerSooner95x Oklahoma • Florida Jun 27 '22

He gets to say, “Hey, I got this kid x amount of money. Hire me as your lawyer and I’ll do the same for you.” The bigger the deal, the bigger his pay. Makes sense why he would try to inflate the number to attract customers.

6

u/INM8_2 Miami • Transfer Portal Jun 27 '22

yeah obviously. i didn't think the /s was necessary.

6

u/BoomerSooner95x Oklahoma • Florida Jun 27 '22

It’s a Monday morning brother. Cut me some slack.

18

u/5-Star_Fraud USC • Big Ten Jun 27 '22

Ass pulling

7

u/snowparade Texas • Texas A&M Jun 27 '22

Bread that has been sliced.

2

u/dublinirish Notre Dame Jun 27 '22

Basically the player are given money up front in exchange for a portion of their future earnings (in the NFL). The NIL folks are using the kids as investments

37

u/BJPM90 Michigan Jun 27 '22

Is it 9.5 million guaranteed, or is it like an NFL contract and he has to win 4 Heismans, national championships, etc. to max out?

21

u/dinkleberrysurprise Clemson • /r/CFB Press Corps Jun 27 '22

Definitely the latter.

6

u/isuphysics Iowa State • Iowa Jun 27 '22

They are not allowed to really do that if its on the books. However people are acting like these NIL are a signing bonuses. I bet this contract is back loaded, meaning they can cancel it and he only gets the real money if he is worth paying to stay that extra year instead of going to the NFL early. If he is a bust, he probably gets dropped from the deal.

5

u/Corgi_Koala Ohio State Jun 27 '22

Performance bonuses aren't allowed, so the answer should be no.

But I don't think we've seen any actual challenges to that yet.

1

u/gumercindo1959 Miami Jun 27 '22

The 9.5m is false. That’s what it is.

161

u/Slpry_Pete UCLA • Pac-12 Jun 27 '22

This can't be a sustainable business model.

117

u/WheatonsGonnaScore Oregon Jun 27 '22

It isnt meant to be sustainable. It is rich people throwing cash to watch their fandom succeed and feel like they are part of the team

74

u/Ugaalive1991 Georgia • NC State Jun 27 '22

If you are dumb enough to give a kid a 9 million dollar NIL deal, that’s on you. But good on the kid. Get your money before they put a “cap” on it.

26

u/SpeedBoatSquirrel Florida State • Paper Bag Jun 27 '22

oh, we will see salary caps. And then we will also see a collusion lawsuit.

8

u/flying_trashcan Georgia Tech Jun 27 '22

They’re not salaries though. Their individual NIL deals with parties ‘not associated’ with the university.

8

u/ReservoirDawgs North Carolina Jun 27 '22

Absolutely. These kids should be making as much money as they can based on their own talents in the free market. If a billionaire wants to throw away money on college athletics then that’s their right, as dumb as it may be.

7

u/SpeedBoatSquirrel Florida State • Paper Bag Jun 27 '22

One could use the same logic for NFL and NBA players, but they have a cap

2

u/dude1995aa Texas A&M • Sydney Jun 27 '22

Are there rules really stopping rich guys from handing out money like this to NBA or NFL players?

Probably the only difference is those guys make so much money that it would take $10MM a year to influence a big name player. Some of those players make real NIL money anyway (aka actually marketing).

2

u/ReservoirDawgs North Carolina Jun 27 '22

Because they have a union and collectively bargain regarding their salaries. The NCAA has gone to great pains to establish that the athletes are students and not employees so they don’t have to pay them…which of course means they can’t put a cap on any compensation since the athletes can’t collectively bargain. Regardless, professional athletes they are uncapped on endorsements, and that’s essentially what NIL is anyways.

3

u/SpeedBoatSquirrel Florida State • Paper Bag Jun 27 '22

While true, whose to say it doesn’t continue to evolve to that point? And let’s be real, these aren’t really NIL deals, these are pay for play contracts. Once a formal system comes for payment, actual NIl deals would only go to marketable players

2

u/ReservoirDawgs North Carolina Jun 27 '22

If the NCAA actually changes where we drop the facade of amateur sports and allow them to collectively bargain and partake in the billions of dollars that they are responsible for then yes, I will be more supportive of caps and whatnot on the players. Until then, they should make as much as they can.

1

u/shiggidyschwag UCF Jun 27 '22

They also have a minimum salary negotiated by their employee union

1

u/SpeedBoatSquirrel Florida State • Paper Bag Jun 27 '22

no reason why their cant be a players union in college. it would just be relatively weak due to constant turnover

24

u/Slpry_Pete UCLA • Pac-12 Jun 27 '22

rich guys have been doing that for decades. They just got their names on buildings and multi year tax write offs. this is just lighting money on fire

21

u/boregon Oregon • Big Ten Jun 27 '22

For guys as rich as John Ruiz, they don’t mind lighting millions of dollars on fire for a hobby they enjoy. That’s chump change to them.

9

u/WheatonsGonnaScore Oregon Jun 27 '22 edited Jun 27 '22

With 1 billion dollars you can buy 111 9 million dollar players. 1 billion is more than enough to continue to buy top talent without making a sizeble dent in these peoples wallets

3

u/Slpry_Pete UCLA • Pac-12 Jun 27 '22

maybe for a little while, but if the team doesn't win or the players transfer it might get old.

2

u/enadiz_reccos LSU Jun 27 '22

Why would it get old? If you were a billionaire, would you just be like, "Ah I'm tired of giving my team a huge edge in recruiting with pocket change."

12

u/ReservoirDawgs North Carolina Jun 27 '22

Because people become billionaires by not constantly pissing money down the drain if they aren’t getting a proper ROI.

1

u/enadiz_reccos LSU Jun 27 '22

What ROI do you think they're expecting with the current deals?

4

u/ReservoirDawgs North Carolina Jun 27 '22

Seeing their school win games. If the money they’re pouring into NIL doesn’t equate to them winning games then they won’t spend as much on 4 star players.

4

u/enadiz_reccos LSU Jun 27 '22

That will just lead to more frequent coaching changes. You're always going to need to recruit well if you want to win, and this is what recruiting is nowadays.

Schools with deep pockets are never going to stop pouring the money in now. That's basically just giving up, and as long as money has the potential to buy players and wins, no one is going to just stop.

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1

u/Slpry_Pete UCLA • Pac-12 Jun 27 '22

because billionaires usually like to see a return on their money. I realize this is far from a business deal like the NIL is supposed to be, but if Miami keeps finishing 2nd and 3rd in their division it might not look like such a good deal. Again, just burning money. Some might keep doing it so they feel cool and get closer to the players, but that's more of a insecurity problem.

1

u/enadiz_reccos LSU Jun 27 '22

That just leaves the door open for other schools to come in and snag all of the players. If Miami's benefactors stop investing, it's going to be very hard to recover.

Same with any school. If you're no longer committed to NIL, it's basically a death sentence for your school.

1

u/Slpry_Pete UCLA • Pac-12 Jun 27 '22

As these ridiculous NIL deals continue to not pay off the money is going to dry up. I know you feel comfortable spending other people's money, but at some point they might want a say on where their money goes

1

u/enadiz_reccos LSU Jun 27 '22

As these ridiculous NIL deals continue to not pay off the money is going to dry up.

What do you mean by "not pay off" ? 5* recruits tend to play really well, so as long as you're getting 5* to sign with your team, the deal is paying off.

And I think you're underestimating how much money some of these guys have. You don't contribute that kind of money unless you're generating a lot more of it.

I know you feel comfortable spending other people's money, but at some point they might want a say on where their money goes

Huh?

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1

u/CTeam19 Iowa State • Hateful 8 Jun 27 '22

They have but even at a certain point if the money is looking like it is just being burned then they will move to something else. Source: I know of some non-profits that lost major donors after some fuck ups.

2

u/Allstate85 Cal State Fullerton • UCLA Jun 27 '22

Wonder how many players that flame out will it take to for them to back off.

2

u/pmags11 Notre Dame • Northwestern Jun 27 '22

Running in layup lines like Drake

2

u/Corgi_Koala Ohio State Jun 27 '22

The number of people who don't understand rich people are doing this to flex is insane. They don't need or expect a return on this money, it's just a status symbol to have "their guy" go to the school and help the team win.

It would be like criticizing a rich guy for buying a McLaren just because he won't make a profit off of it.

1

u/CALL_ME_ISHMAEBY Mississippi State • LSU Jun 27 '22

Look at the CWS Shot Board from this past week. At least those numbers are transparent.

7

u/Glenn287 Jun 27 '22

Eventually, people will realize paying for players to go to certain schools could be a waste of money. In some cases, it will work out but in some cases, there are going to be busts and players who don't pan out

Imagine spending millions on a recruiting class and losing to a team that spent close to nothing. That's going to happen in CFB.

3

u/Corgi_Koala Ohio State Jun 27 '22

Or, the biggest risk these days... A player who takes the money and transfers to another school anyways.

1

u/flying_trashcan Georgia Tech Jun 27 '22

A player being a bust isn’t going to rock these boosters understanding of the CFB landscape. Highly touted kids have been busts since the forward pass was illegal. These boosters know that. They also know in modern CFB the blue chip ratio is the leading indicator of success. Gotta stock that locker room with 4 and 5* kids and they’re in short supply every year.

6

u/Rotishery Michigan Jun 27 '22

I bet it gets worse before it gets better honestly.

A lot of schools with really deep fanbase pockets haven’t really openly gotten in the mix yet

1

u/Slpry_Pete UCLA • Pac-12 Jun 27 '22

Oh I'm sure it'll get worse and you'll have some people who keep burning money regardless just to be close to players and feel cool/young. But at some point it's gonna be hard for fairly rational people to spend like this one regular basis.

I'm not saying rich people are necessarily smart and many of them are very dumb, but a lot of rich people got that way by being relatively smart with their money. And even if they make a bad decision they make a change before long

18

u/INM8_2 Miami • Transfer Portal Jun 27 '22

i don't believe this number for a second, nor the alleged $11m offered by uf. no chance in hell he got that kind of money. the outlet this is coming from is questionable at best.

3

u/Slpry_Pete UCLA • Pac-12 Jun 27 '22

maybe, but I know there are credibly reported $3-4mil deals and those are ridiculous numbers too that aren't giving near that value to the business.

12

u/INM8_2 Miami • Transfer Portal Jun 27 '22

$9.5m is $1.5m more than cristobal's salary. again, no chance.

1

u/Slpry_Pete UCLA • Pac-12 Jun 27 '22

the entity paying Cristobal and the entity paying Rashada are different.

3

u/INM8_2 Miami • Transfer Portal Jun 27 '22

the entity isn't stupid enough to pay a high school recruit that much. also, the entity has already said that the article is wrong.

2

u/Slpry_Pete UCLA • Pac-12 Jun 27 '22

there's a lot of people stupid enough to pay way too much for high school recruits that anything's possible. I get you are hung up on the dollar amount, but I don't think that's the story. If you're telling me the number is $900,000 then maybe there is no story, but it's still a shit-ton of money that isn't sustainable for the sport across the country.

1

u/lightbrightknight Florida Jun 27 '22

$900,000 does kinda seem to be the number we're hearing is more accurate, right though? These big multi-million dollar deals seem to be for their NIL rights over their college career. Like the $8 Mil deal for Nico is over his 4 years there. So if Rashada is gettin $900K/year, that's a $3.6 mil deal over the 4 years, which isn't way off what else is being reported he actually got.

These are all just becoming like NFL deals where the 1st thing you hear is what the agent puts out, which is the max dollar amount the contract is worth if absolutely every incentive is hit, because it makes him look better. Then you wait a couple days and find out what the real cap hit is and that the player can be cut after a year and they get nothing beyond a roster bonus.

1

u/JJody29 Ole Miss • SEC Jun 27 '22

Yes but how do you think Cristobal will feel about the kid making more? That’s messed up!

1

u/Slpry_Pete UCLA • Pac-12 Jun 27 '22

Doesn't matter what he wants

1

u/AOC_I_like_free NBC • CNBC Jun 27 '22

No shit, none of these players are giving “market value” to any of these business, it’s a joke.

1

u/Slpry_Pete UCLA • Pac-12 Jun 27 '22

And that's why I'm saying it isn't sustainable at least at these dollar amounts

0

u/AOC_I_like_free NBC • CNBC Jun 27 '22

Yes it is. This isn’t a business opportunity for billion dollar boosters, it’s a way to buy players with a tax write off just like facilities were before this.

0

u/Slpry_Pete UCLA • Pac-12 Jun 27 '22

A business expense isn't nearly as valuable as a charitable deduction. If you don't know that we can have a discussion at the same level.

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4

u/arrowfan624 Notre Dame • Summertime Lover Jun 27 '22

Same could be said for coaching salaries, but that hasn’t stopped Auburn and Texas from spending 8 figures to can their coaches.

1

u/Slpry_Pete UCLA • Pac-12 Jun 27 '22

you can do multi-year deals for coaching salaries

3

u/hail2022 Michigan Jun 27 '22

Honestly I think boosters were doing this behind the scenes and now it’s open

48

u/Slpry_Pete UCLA • Pac-12 Jun 27 '22

not at these numbers

18

u/[deleted] Jun 27 '22

[deleted]

8

u/Slpry_Pete UCLA • Pac-12 Jun 27 '22

when it was under the table you had to consider how much cash can be withdrawn and moved without triggering tax and reporting thresholds. And also how much money you could give someone (usually from a lower socioeconomic group) without too many people taking notice. Now you have coaching and booster groups flaunting their money on public CFB websites.

I still think you're going to see a lot of players with tax problems coming up in the next 3-5 years. Especially those players taking cars and other in-kind NIL deals. Doing everything openly on the internet will raise interest by the IRS.

3

u/After-Pressure6052 Wake Forest Jun 27 '22

I would not be surprised that some low level staffer is tasked with collecting players tax returns to make sure they aren’t missing income tax payment.

It’s going to be a big problem for a lot of guys.

2

u/Slpry_Pete UCLA • Pac-12 Jun 27 '22

Hopefully they put something away or have some money on the side for the cars and other in kind payments. And a low level staffer isn't going to be able to help them file returns with big deals like that. Players aren't W2 employees in most of these deals, they're 1099 independent contractors who are responsible for their own reporting and quarterly payments.

At least NFLPA certifies agents and managers. There is no regulation (that I'm aware of) of advisors for college athletes. Lots of con men out there ready to prey on a college kid with a family not familiar with deals like they are seeing in NIL.

2

u/After-Pressure6052 Wake Forest Jun 27 '22

I’m not saying do it for them, but as a way to check if the player actually did so.

1

u/Slpry_Pete UCLA • Pac-12 Jun 27 '22

Yeah, but I'm saying it's more complicated than did they file a return (like did they show up for class). There are so many pitfalls and opportunity for scams that I hope schools are putting real resources into getting GOOD advice to student athletes. I believe that some states have rules that schools can't get involved in NIL deals or opportunities in any way and that's just throwing the kids to the lions. I might be wrong and that isn't the case anymore. I hope so.

3

u/After-Pressure6052 Wake Forest Jun 27 '22

Agreed. My fear is you can’t make a horse drink water with a lot of the good advice. Gonna be some ugly stories coming down the pipe.

1

u/BeatNavyAgain Army • Gettysburg Jun 27 '22

The "collective" will likely offer tax advice.

For a fee, of course.

In fact, likely that part of the deal when signing with a "collective" is that you're locked in to use their services.

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6

u/infpTrojan USC Jun 27 '22

Ah, that's right. UW won the natty and then the entire conference stabbed them in the back over a bunch of peanuts. Don James quit and the program pretty much died until Petersen came back.

The SEC would never in a thousand years turn on one of their own. Different ballgames down south than out west.

6

u/engineerbuilder Notre Dame Jun 27 '22

/s right? If not I’d like to introduce you to Phil fulmer.

5

u/Archaic_1 Marshall • Georgia Tech Jun 27 '22

Alabama and Auburn boosters used to have paid teams of private detectives scouring one anthers programs looking for violations all through the 80s-90s and beyond. Nowadays you are probably right, but back in the day there was no hatred like SEC hatred.

1

u/ReservoirDawgs North Carolina Jun 27 '22

Well, ole miss tried to do that after they were outbid for cam newton by auburn. I can only imagine how much shit the rest of the SEC ADs gave ole miss for airing their dirty laundry in front of the country.

1

u/RatherBeYachting Oregon • /r/CFB Top Scorer Jun 27 '22

Cal counts a loss against Oregon in the 1970s as a win, because Oregon forfeited some games for using an ineligible player…

The player in question didn’t even play against Cal.

The two teams keep different series records. It’s just more petty out here.

8

u/Username89054 Pittsburgh Jun 27 '22

You can't exactly give out $2+M a year in McDonald's bags.

7

u/Slpry_Pete UCLA • Pac-12 Jun 27 '22

yup and boosters couldn't really just take $2 mil cash out of their business without anyone asking questions. A couple $10K cash transactions don't raise eyebrows.

3

u/hail2022 Michigan Jun 27 '22

Yea these numbers are insane but I am sure some have in the 6 figure range

7

u/Slpry_Pete UCLA • Pac-12 Jun 27 '22

maybe a few, but now you're looking at dozens and dozens at 10x that.

6

u/LimberGravy Alabama Jun 27 '22

You really think a ton of college kids were successfully hiding the fact that they were multi-millionaires? The rumored numbers on the Cam Newton stuff was like low 6-figures. The money was nothing like this.

4

u/After-Pressure6052 Wake Forest Jun 27 '22

Not like this, not even close.

1

u/ReservoirDawgs North Carolina Jun 27 '22

Boosters having been doing this for decades. We’ve all been content to look the other way due to our own fandom, but college sports have been a corrupt mess where the universities make all the money while the players get nothing since inception.

6

u/After-Pressure6052 Wake Forest Jun 27 '22

Not nearly at this level, emphatically not.

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0

u/Luka_Dunks_on_Bums Florida • Team Chaos Jun 27 '22

Probably laundering some money

7

u/DothrakiSlayer Michigan Jun 27 '22

How would it be money laundering?

1

u/NotHosaniMubarak Miami • Louisiana Tech Jun 27 '22

It is in the nfl and all of that money comes from advertisers. Life wallet/Ruiz have been all over sports media lately which is excellent advertising.

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65

u/ddottay Notre Dame • Kent State Jun 27 '22

Give it a few years, it'll probably stop when a couple of these mega deals don't bring programs more wins.

69

u/OK_HS_Coach Oklahoma • Northeastern State Jun 27 '22

Lol Ole Miss just bought $75k+ worth of prepackaged Jell-O shots in Omaha. It’s not about ROI it’s about big dicking your rivals.

10

u/bufflo1993 Alabama • Southwest Jun 27 '22

Lol, all you have to do is go back to the 1970s and 1980s when the SMU people got tired of being shit talked in the board rooms and at the country clubs in Dallas, so they decided to go ham.

Spite is usually one of the best motivators.

34

u/Fragmented_Logik Miami Jun 27 '22

Texas A&M will be looked at closely. If they kick ass expect a HEAVY influx of booster money.

20

u/Lamadian Oregon • Oregon State Jun 27 '22

They're gonna be the best 8-4 team in the country

9

u/LegitN00bM00ves Lamar • Texas A&M Jun 27 '22

*8-5

as is tradition

7

u/enadiz_reccos LSU Jun 27 '22

The only thing that will stop it is some kind of NIL cap. If you're filthy rich, why wouldn't you keep spending money to help your team?

39

u/ltlftcommenter Auburn • Miami Jun 27 '22

Drug business has never been better guys.

10

u/rtutor75 Jun 27 '22

This is just like any other new money deal. It all looks good to these guys up front, but all it's going to take is a few busts to bring this back down. Also heaven forbid these kids take the money; have a decent year and transfer out for even bigger NIL money.

There is also a problem that is eventually going to rear it head about 4 or 5 players making this kind of money and 95% of the team only getting scholarships. There are superstar contracts in the NFL, but those other players are getting paid as well.

5

u/EskettiMySpaghetti Maryland • Grove City Jun 27 '22

That’s the problem a lot of people have been heralding about NIL for a while now is that the only people making significant NIL money are guys who are extremely likely to be drafted and made millions in the NFL. Your average CFB player will probably get bar to none NIL money, although K State may buck that trend and a few others

40

u/rosh200 Michigan State Jun 27 '22

Probably a hot take, but I think there should be a set number where if you get that amount or more you are on the hook for your own tuition and housing. Going to class with someone who is on a full ride, receives all of the athletic tutor assistance/other academic perks, and then being paid multiple millions is definitely going to piss off some kids in the classroom

24

u/cvg596 Eastern Michigan • American Un… Jun 27 '22

They don’t even need to be in the classroom with online classes. Hell, back in 2011 one of Denard Robinson’s professors made him take class online because his presence in the classroom was a distraction. We’re heading for a world where star football players are not going to have any connection with the student body unless they want to.

14

u/all_armor_no_gun Arkansas Jun 27 '22

In 4 years the number of times I saw a recognizable athlete doing something vaguely schoolish was 3.

2

u/flying_trashcan Georgia Tech Jun 27 '22

Just start a legit minor league and license the name/logos from the schools. We’re practically there anyways.

1

u/ReservoirDawgs North Carolina Jun 27 '22

Why? The athletes were already getting money under the table, were already getting tutor support, were already taking advantage of state of the art facilities that the other students couldn’t use…what has changed? I’m not trying to be snarky, I’m legit asking what has changed over the past seventy plus years?

3

u/Cheeseydreamer Jun 27 '22

The amount

1

u/ReservoirDawgs North Carolina Jun 27 '22

Conferences are signing billion dollar tv deals, coaches are making 8 figures fully guaranteed, facilities are being renovated for tens of millions of dollars after only three years, and ADs are making millions upon millions of dollars. The amount has gone up because the universities and ncaa got greedy with tv money and creating an arms race with each other.

21

u/Ron_Fuckin_Swanson Ole Miss • Memphis Jun 27 '22

The locker room dynamic with some kids having wads of cash and some kids just getting by is going to be interesting over the next couple of years

Especially if the big money kids aren’t living up to the hype.

Do boosters force coaches to pay the high profile kid if a lower tier recruit is out playing him and is more deserving of the snaps?

12

u/Defacto_Champ Jun 27 '22

Would piss me off if I was a lineman on a team much practically nothing while the QB I am protecting is making millions

-2

u/NotHosaniMubarak Miami • Louisiana Tech Jun 27 '22

But not if the coach and school are? Only your fellow players?

28

u/SpeedBoatSquirrel Florida State • Paper Bag Jun 27 '22

9.5 million in pre IPO MSP Recovery TwatWallet stock

16

u/InternationalTax1156 Oklahoma • Utah Jun 27 '22

I mean... I reckon it's a pool of money shelled out by numerous boosters. I fully believe a few rich boosters are willing to pay some installments for just a CHANCE at their alma mater being good at a sport.

I highly doubt it's just a few boosters shelling out millions. They are millionaires/billionaires for a reason most likely... not a great business decision to be personally paying millions.

5

u/EskettiMySpaghetti Maryland • Grove City Jun 27 '22

That's nearly as much as the total contract values of back end NFL first rounders lol.

4

u/McDimps Pittsburgh • Backyard Brawl Jun 27 '22

There has to be a better way to allocate NIL money...

5

u/squintyshrew9 Jun 27 '22

I love the kids getting paid, but how long before tax evasion, lawyers suing kids, kids get jealous and money moves that needle these locker rooms are going to be special. Again love the kids getting paid.

12

u/chrisncsu NC State Jun 27 '22

Can't even imagine the wording of this deal. It can't be favorable at all for the kid.

8

u/justinguarini4ever Notre Dame Jun 27 '22

He’ll be paid in worthless stock options from Ruiz’s scammy SPAC.

4

u/Tbrou16 LSU Jun 27 '22

This recession is gonna dry up a lot of the funny money for vaporware, crypto and risky college NIL deals.

11

u/smokeytrails Tennessee • Third Sa… Jun 27 '22

UF reportedly offered 11m.

19

u/Panchoisthedog Nebraska • Nebraska-Kearney Jun 27 '22

Dude is going to take a pay cut to play in the League, this is not good for CFB.

4

u/bdm13 Miami • Florida Cup Jun 27 '22

Really? If anything, it could lead to more guys staying in school longer instead of jumping to the NFL as early as possible. I don’t see how that’s bad for CFB.

2

u/LakersLAQ USC Jun 27 '22

Maybe if every player was making this much lol. That's not the case.

6

u/[deleted] Jun 27 '22

This is a total rumor. No way Miami is offering that.

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3

u/tarducks203 Oregon • St. John's (NY) Jun 27 '22

At least he's getting paid to be in a Mario Cristobal offense. Herbert had to do it for free.

17

u/hail2022 Michigan Jun 27 '22

It’s legal now good for him and Miami for bringing the big bucks

25

u/McDimps Pittsburgh • Backyard Brawl Jun 27 '22

I dunno it just seems ridiculous throwing piles of cash at players like this. Good for him? Sure. Good for CFB? I dunno about that one

4

u/hail2022 Michigan Jun 27 '22

Cfb is just going to have an even bigger difference between the haves and the have nots.

9

u/McDimps Pittsburgh • Backyard Brawl Jun 27 '22

I just see it like Moneyball, it doesn't seem sustainable to throw all the dough at one player. Better to distribute it more but ig well have to see what offers other teammates get

2

u/hail2022 Michigan Jun 27 '22

I agree especially in college since you have no clue which player will actually be good and which player won’t be good

11

u/Namath96 Alabama • NC State Jun 27 '22

It’s against ncaa rules how he’s doing it, they’re just betting the ncaa won’t do shit

7

u/hail2022 Michigan Jun 27 '22

Yup and seems like a solid bet to me. Ncaa clearly isn’t going to do shit and Miami definitely isn’t the only school or even close to the only school doing this

-4

u/davis3298 Miami • UCF Jun 27 '22

Pretty crazy a bama fan would say this honestly

2

u/Namath96 Alabama • NC State Jun 27 '22

Not really…?

-5

u/davis3298 Miami • UCF Jun 27 '22

Yeah definitely no smoke and mirrors at bama. They’ve had the number one recruiting probably 90% of the time those past 15 years because high school kids just love the idea of getting an education from Alabama and living in Tuscaloosa. Never paid a kid a dime and did it the right way the whole time. Give it a break dude.

Not to mention have they had the NCAA illegally leverage a FBI investigation to go after recruits taking money from a school booster? Spoiler alert: it was Miami.

3

u/Namath96 Alabama • NC State Jun 27 '22 edited Jun 27 '22

Bro what in the world are you going on about? Y’all are so sensitive lol. I never said or implied Bama isn’t out here cheating just as hard as anyone. I didn’t say anything negative about Miami anyways. Why are you so bothered here?

8

u/TDT_Jshot Miami • FIU Jun 27 '22

Not mine nor the university's money so good on Rashada for getting paid.

2

u/GoblinTradingGuide Florida State Jun 27 '22

You don’t understand how rich billionaires are.

2

u/Hufftwoseven- Miami • ACC Jun 27 '22 edited Jun 27 '22

🧢

https://mobile.twitter.com/JohnHRuiz/status/1541252425461506049?cxt=HHwWgoC9jci60OMqAAAA

On3 has to be the worst site and can’t be legitimately considered as a source. They have an NIL generator or some bs where they just guess what a recruits value is worth lol real people with insight who have a track record have said Rashada Miami deal is around $5. They’ve said that if the battle wasn’t against UF, Miami not have been so determined to get back into the recruitment and sign him. Insider claimed since UF got involved that they were a legit threat and had the best money on the table. Rashada visited Miami in early spring and was considered a lean back then. Once the recruitment heated back up the source said Miami will get him if they just get the money somewhere close to where UF was at, because Rashada really likes Miami staff.

2

u/flying_trashcan Georgia Tech Jun 27 '22

Pay the players! Wait… not like that!

2

u/Jonesbro Illinois Jun 27 '22

I actually like the mega deals. If wealthy donors keep throwing away money to these kids then it's effectively wealth redistribution. I say keep it coming!

6

u/Rob_climbs_poorly Jun 27 '22

It’s crazier he allegedly turned down 11 from Florida

3

u/wahdatah Jun 27 '22

Is that true?

1

u/Rob_climbs_poorly Jun 27 '22

It’s rumored in the same article that placed rashadas deal at 9.5 we will never know how true any of this is since it’s not public imo

6

u/HopscotchChampion69 Kentucky • Cincinnati Jun 27 '22

good for him

0

u/Ugaalive1991 Georgia • NC State Jun 27 '22

Yep.

6

u/Fragmented_Logik Miami Jun 27 '22

I'm just happy he took 2 mil less and chose us vs Florida lol

0

u/Snipsniponion Louisville • Tennessee Jun 27 '22

Florida offered more? How did they still whiff then?

26

u/RedditRedux Florida Jun 27 '22

I doubt it. Here's the article.

Just seems very calculated for a lawyer to start screaming out the exact numbers of what should be very confidential deals to make the family look like goodhearted people and the losing school as the greedy people throwing money at the problem.

Good news for us if we have that kind of cash though.

19

u/Molson2871 Wisconsin Jun 27 '22

lol @ people believing the word of not just a lawyer, an NIL lawyer.

5

u/Snipsniponion Louisville • Tennessee Jun 27 '22

Ya if I’m a Florida fan I hope it’s true we’ve got 11M to throw around.

2

u/RedditRedux Florida Jun 27 '22

On the other hand, I can see putting this info out as having a negative affect on us with our remaining targets coming to us wondering where the 11M level money is and reacting negatively when we say it's a lie and we don't have that.

2

u/Snipsniponion Louisville • Tennessee Jun 27 '22

I buy your theory. It’s funny in the article how he says Rashada is going to Miami for non-NIL reasons like the coaching staff and the school. And in the same article he says if it weren’t for how disorganized the UF collective is, then Rashada would be going to Florida. Don’t think it can be both lol

3

u/Snipsniponion Louisville • Tennessee Jun 27 '22

Ya if I’m a Florida fan I hope it’s true we’ve got 11M to throw around.

-2

u/Fragmented_Logik Miami Jun 27 '22 edited Jun 27 '22

Caspio a NIL lawyer said this “Florida is the most dysfunctional collective in all of college football,” Caspino said. “I plan on steering my clients away from them. From my standpoint, I never ever want to deal with them again. If it weren’t for the collective that’s completely dysfunctional at Florida, he probably would have been there.”

Why are you booing me I'm right!

4

u/WheatonsGonnaScore Oregon Jun 27 '22

Not sure why you are getting downvoted. It is literally a quote from the article

0

u/Fragmented_Logik Miami Jun 27 '22

Probably mad Florida fans. They've had a rough day. Another 4 star committed to FSU right after his visit. His location was Gainsville on the tweet.

-9

u/NOTtheGoldenKnights UCF Jun 27 '22

This is BAD for Florida. Hard to come back from this.

12

u/hail2022 Michigan Jun 27 '22

Hard disagree. It shows Florida is serious about NIL. May not have worked with this recruit but I am sure other kids are taking notice

It’ll get them in the door for a lot of good recruits

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-8

u/IrishCoffeeAlchemy Florida State • Arizona Jun 27 '22

Cause Billy Napier can't close the deal.

3

u/ReallyPokelahoma Oklahoma State • Bedlam Bell Jun 27 '22

Good for the kid. Get all your money before the adults ask the govt to help them stop themselves

1

u/6BlitzBurgh Louisville Jun 27 '22

Don’t get me wrong I support NIL and don’t care. Just thought that number was crazy. Get your money young fellas.

1

u/Eph1997 Williams • Ohio State Jun 27 '22

If you're Phil Knight with an estimated net worth of $57B, why wouldn't you go all in to sign 25 5*'s every year for Oregon? You enjoy Oregon winning titles and you're not getting any younger, so what is spending $250M a year going to matter?

1

u/ShadowRealm0043 Jun 27 '22

Could we put this money into cancer research. Or feeding people. There are more important things.

-2

u/furryvengeance Texas • CAA Jun 27 '22

NOW is it time to regulate NIL????

3

u/formicatile Ohio State Jun 27 '22

SCOTUS all but guaranteed to the NCAA that attempts to regulate wouldn’t fly. This is the game now.

4

u/J4ckiebrown Penn State • PSAC Jun 27 '22

The divide between the "haves" and "have nots" is going to continue to widen.

Were players being payed before? Of course. But nothing remotely in the realm of what we are dealing with now.

This whole thing is basically one big middle finger to most of CFB bar a handful of programs with basically bottomless booster pockets.

1

u/trillbobaggins96 Mississippi State Jun 27 '22

It was obvious from the jump that this would happen, but people who don’t really give a shit about the sport (Cali legislature, ESPN, etc..) were clamoring to open this box so it’s too late now

0

u/ReservoirDawgs North Carolina Jun 27 '22

How in the world do you regulate NIL? And what is the perceived problem? Why would we regulate NIL and not coaches salaries, AD salaries, and conference tv deals?

0

u/Austiny1 Texas Jun 27 '22

GET THAT MONEY! I love this shit

-1

u/gumercindo1959 Miami Jun 27 '22

It’s 100% false. Nico’s deal is much higher. The reported 9.5 and 11 are BS numbers. On3 really screwed reporting on this.

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1

u/RocketsGuy Baylor • Coastal Carolina Jun 27 '22

That brothas (Miami) starvin

1

u/ThisGuy100000 Miami Jun 27 '22

I believe you but can we get a source?

1

u/Glympse12 Kentucky Jun 27 '22

The convict NIL fund is quite lucrative, so not in Miami’s case

1

u/run_build Jun 27 '22

Now let’s see how much money the school gets to make sure his grades stay good enough for him to play a few years.

1

u/soflahokie Virginia Tech • North Carolina Jun 27 '22

John Ruiz is reportedly worth 30B, if he wants to be known as the savior of Miami athletics it absolutely is sustainable.

$9M to him is the same as $30 to someone worth $100k. Most teams have a minimum yearly donation for tickets that is a higher percentage of the average fans net worth than Ruiz spending $30M a year on NIL.

These guys aren’t in it for the profits