Posted on 11/15/2024 2:24:39 AM PST by Enterprise
There's NIL money, and there's what the Michigan Wolverines are trying to get 2025 No. 1 recruit Bryce Underwood to join them next season in Ann Arbor.
Underwood, the 6-foot-3, 205-pound phenom who stars for Belleville in Michigan, has become an all-in target for the Wolverines' program.
According to On3, Michigan is willing to offer Underwood, who is committed to play for LSU next year, $10.5 million in NIL money over four years.
(Excerpt) Read more at foxnews.com ...
What is NIL? It is an apt acronym for these low IQ people.
This is going to make alumni and their money unimportant. This will make alumni feel only OLD. No more kissing the old wretch.
Big-time football and basketball programs make hundreds of millions of dollars a year. The athletes shouldn’t see any of that money?
The NCAA is finished. One of these multi-millionaire kids who joins a then-suspended team is going to successfully sue against prior restraint by a monopoly, and win this time at SCOTUS.
Minor league and college baseball co-exist nicely - minor league football could do the same. U21 leagues are popular in European soccer.
Then they better be paying their own way. No scholarships for millionaires.
EC
I agree, it’s that the colleges like to pretend that its not about the money.
I’m amused that this kid will make more money as a “student” over 4 years than many of his professors will make over their entire career.
College athletics were once an activity for actual students that provided them with an opportunity to learn actual life lessons outside the classroom while representing the university; the system has degenerated into a means for those schools to whore themselves for TV money, using many kids who have little or no interest in what should be the core function of the place - an actual education. Of course at most of those schools actual education is secondary to DEI concerns as well.
Schools at the Power 5 level should abandon all pretenses that these programs have anything to do with eduction, and just admit they are the minor leagues for football and basketball. Forget about admission requirements and class attendance; just continue to pay the kids to wear the school colors for up to 4 years, and eschew the hypocrisy that’s staining their names as educational enterprises.
It is an insult to any real students who are actually student athletes.
This new gold mine for athletes will continue to grow as this country has an insatiable appetite to be entertained.
Yes, many will never need to go pro. They ARE pro—while pretending to be college students.
I knew right away that NIL would lead to this mess.
reference David Clyde - Texas Rangers 1974.
High School phenom with 7 perfect games coming out of high school. Rangers drafted him big bucks, signing bonus, new face of the franchise. They pushed him straight to the majors, blew his arm up, flamed out dramatically.
College sports as we knew it is GONE. Soon, very soon, in football, there will be no more NCAA at all.
There will be two major leagues, SEC and all the rest, and they will run it like pro football, with their own administrators, and the NCAA will be completely out of it. Schools will "balk" at first, but when they realize where all the money went they will return with hats in hand.
The other sports will continue, at first, struggling under the NCAA's umbrella, but soon Men's Basketball, Women's Volleyball will also form their own leagues, taking Footballs' lead.
Alas, "College Sports" will be GONE.
College sports will never be the same, Heck, the Dartmouth basketball team has voted to unionize
$$$
“ It’s no more than a way for schools to buy athletes. It’s already out of control.”
Why shouldn’t “schools” have to pay market rates for the athletes who create this enormous revenue stream for them?
Fine. Just don’t pretend they are simply student athletes—call them what they are, professional athletes.
Who says they’re not pro? The illusion of amateurism in college sports has been a flat lie since the 60s, and toxic for just as long. It’s a billion dollar industry PAY THEM ALL.
No, refusing to pay the people whose labor builds the empire and take all the risks was immoral and vile. There is no more useful degree than generational wealth.
They’ve been doing that for ages. Non-athletic scholarships regularly come with stipends, the NCAA said they couldn’t do it for athletic scholarships.
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