NIL and IU

[Brass Cannon]

I would officially like to thank the NIL for helping us keep TJD

[Class of '66 Old Fart]

Grace Berger and Alyssa Geary 

https://nil.store/blogs/news/grace-berger-building-the-brand-with-campus-ink

https://nil.store/blogs/news/alyssa-geary-building-the-brand-with-campus-ink

[Southside]

On 5/20/2022 at 7:25 PM, Hardwood83 said:

I don't have any problem allowing the efficiency of markets to work. My issue is what you are describing is a professional relationship- players getting paid in exchange for applying their skills. Again, God bless capitalistic free markets....but I don't want that for college sports. I understand the genie is out of the bottle now and we're never going back, I don't begrudge  anyone making bank either. I do regret what I see as the certain death of any vestige of amatuer sports. I get the NCAA is stupid and corrupt, I know the players have value but none of those things change the fact that something I have loved my whole life is disappearing quickly to be replaced by a de facto pro sports league.  Things always change but not always for the better. 

I'm early 50s now, and it truly feels icky. But it feels less icky than getting beat by teams with great bag men that rarely got caught.

Bag men are just now in the open for the most part. It puts a lot of teams on equal ground, but widens the gap down stream. 

I still think they need to limit the portal in some way. Perhaps no transfers till after year 2, or a simple 2 year minimum wherever you commit too or transfer too. 

[Class of '66 Old Fart]

 

[Class of '66 Old Fart]

https://www.thedailyhoosier.com/11-iu-basketball-players-benefit-from-latest-hoosiers-for-good-nil-allocation/

https://www.indystar.com/story/sports/college/indiana/2022/08/03/iu-nil-11-mens-womens-hoops-players-enter-deals-worth-425000/65390192007/

Edited August 3, 2022 by Class of '66 Old Fart
Added Indy Star link

[WayneFleekHoosier]

1 hour ago, Class of '66 Old Fart said:

https://www.thedailyhoosier.com/11-iu-basketball-players-benefit-from-latest-hoosiers-for-good-nil-allocation/

https://www.indystar.com/story/sports/college/indiana/2022/08/03/iu-nil-11-mens-womens-hoops-players-enter-deals-worth-425000/65390192007/

Good on us.  Hopefully we keep up the stakes to keep up with the Jones'.

 

sidepoint- anyone think Duncomb was in a fight sometime before his Nil photo op? Zoom in for details.  

[Stuhoo]

12 minutes ago, WayneFleekHoosier said:

 

sidepoint- anyone think Duncomb was in a fight sometime before his Nil photo op? Zoom in for details.  

The guy always looks kinda rough.

[go iu bb]

https://www.cbssports.com/college-football/news/some-premier-college-athletes-face-option-to-exchange-nil-riches-for-portion-of-future-earnings/

I'm not sure I'd be willing to sacrifice future earnings if I was in their spot.

[Chris007]

Every player has made at least 38K this summer before the season even  starts including all freshman. We need to make sure recruits know this. I’m sure the staff is relaying that.

[DChoosier]

2 hours ago, Chris007 said:

Every player has made at least 38K this summer before the season even  starts including all freshman. We need to make sure recruits know this. I’m sure the staff is relaying that.

Thanks for the info and good to hear.

On the other hand……do you hear anything in regards to NIL and our football players?

[Chris007]

7 hours ago, DChoosier said:

Thanks for the info and good to hear.

On the other hand……do you hear anything in regards to NIL and our football players?

Nope not much at all on football NIL. I know a few of the players have gotten some deals but not sure about the details. 

[BGleas]

10 hours ago, Chris007 said:

Every player has made at least 38K this summer before the season even  starts including all freshman. We need to make sure recruits know this. I’m sure the staff is relaying that.

Is $38K good though? I don't know, I'm genuinely asking the question. I'd say IU should let recruits know, but maybe not if players at UK, MSU, OSU, Michigan, Duke, KU, etc., have made $200K at this point. 

We know the kid Pack at Miami has made $400K (i think $800K over 2 years was his deal). 

 

[Chris007]

Just now, BGleas said:

Is $38K good though? I don't know, I'm genuinely asking the question. I'd say IU should let recruits know, but maybe not if players at UK, MSU, OSU, Michigan, Duke, KU, etc., have made $200K at this point. 

We know the kid Pack at Miami has made $400K (i think $800K over 2 years was his deal). 

 

I'm thinking 38K for some freshman who hasn't ever played a game yet and only been on campus for less than two months isn't bad. Their only going to make more and more as the season goes. Or if you are the 12th or 13th guy on the bench still making almost 50K with everything else paid it's not bad. TJD, Race is in the 6 figures and others should get there. 

[BGleas]

2 minutes ago, Chris007 said:

I'm thinking 38K for some freshman who hasn't ever played a game yet and only been on campus for less than two months isn't bad. Their only going to make more and more as the season goes. Or if you are the 12th or 13th guy on the bench still making almost 50K with everything else paid it's not bad. TJD, Race is in the 6 figures and others should get there. 

Appreciate the info! Yeah, definitely something to promote assuming our guys are making more than what players are making at other schools. 

[go iu bb]

5 hours ago, BGleas said:

Is $38K good though? I don't know, I'm genuinely asking the question. I'd say IU should let recruits know, but maybe not if players at UK, MSU, OSU, Michigan, Duke, KU, etc., have made $200K at this point. 

We know the kid Pack at Miami has made $400K (i think $800K over 2 years was his deal). 

 

$38k for a star is not good, but TJD and Thompson make well more than that. Probably some of the other players as well. $38k for a bench warmer is good, though. So look at that as basically the minimum with the opportunity to earn way more. 

[BGleas]

4 hours ago, go iu bb said:

$38k for a star is not good, but TJD and Thompson make well more than that. Probably some of the other players as well. $38k for a bench warmer is good, though. So look at that as basically the minimum with the opportunity to earn way more. 

Do we know that is good though? I don't know. What are the end of bench scholarship guys getting at UK, MSU, Duke, Michigan, OSU, etc?

It's only good if it's comparable or higher than the schools we're competing against for kids. 

I'm not saying this to complain or anything, I just don't have a frame of reference for how good $38K for NIL at this level. 

[Southside]

 

A large part of me finds this simply sad... in terms of where CBB has ended up. 

The other small part hopes we pay the most lol. 

[HoosierHoops1]

49 minutes ago, BGleas said:

Do we know that is good though? I don't know. What are the end of bench scholarship guys getting at UK, MSU, Duke, Michigan, OSU, etc?

It's only good if it's comparable or higher than the schools we're competing against for kids. 

I'm not saying this to complain or anything, I just don't have a frame of reference for how good $38K for NIL at this level. 

Well, it's about 15+k a month for the bottom of the earners, I'd say that's pretty good. Nigel Pack got about 33k per month, on average.

[ray]

On 8/5/2022 at 7:57 PM, Southside said:

 

A large part of me finds this simply sad... in terms of where CBB has ended up. 

The other small part hopes we pay the most lol. 

I am in complete agreement. I’ve always found it completely intolerable to hear professional athletes whine about their “financial hardships” because they “only” make $2 million per year while some other athletes in their sport are making $3 million per year. It’s ego-driven and greedy, and no attempt to make me or someone who truly struggles (often at jobs we would love to say goodbye to) feel sympathetic isn’t going to be successful. Now there will be bidding wars for college athletes while some other kids sitting next to them in their classrooms are stacking up crippling debt for their future with massive student loans. 

Although I will miss knowing each of the players on the roster are at Indiana for their academics, the coaches, and/or the historical program and its fans, the likelihood of players choosing Indiana primarily for lucrative amounts of NIL money is something that will be in the back of my mind going forward…and I, too, would like to watch Indiana basketball stacking up wins again and want to know we’re making it worthwhile for the players (as if playing in Assembly Hall wasn’t enough). I do believe players should be paid (at minimum, for their time in practice, team meetings, travel, and performance on the court which adds exposure to the university), but to think that an 18-year old bench warmer may feel underpaid at $19,000 per month is a gross thought…and an entitled perspective. I’m not saying any of the players feel this way, but if so, then I wish them the best at finding a career which pays them so well…because there are many people in this world making less than $38,000 in an entire year. As I’ve said before, though, people drop their loyalty to a company on a regular basis to increase their salaries elsewhere, and I can’t blame any kid for choosing his or her most lucrative path and they should have that choice if the choice presents itself. 

[Stuhoo]

1 hour ago, ray said:

I am in complete agreement. I’ve always found it completely intolerable to hear professional athletes whine about their “financial hardships” because they “only” make $2 million per year while some other athletes in their sport are making $3 million per year. It’s ego-driven and greedy, and no attempt to make me or someone who truly struggles (often at jobs we would love to say goodbye to) feel sympathetic isn’t going to be successful. Now there will be bidding wars for college athletes while some other kids sitting next to them in their classrooms are stacking up crippling debt for their future with massive student loans. 

Although I will miss knowing each of the players on the roster are at Indiana for their academics, the coaches, and/or the historical program and its fans, the likelihood of players choosing Indiana primarily for lucrative amounts of NIL money is something that will be in the back of my mind going forward…and I, too, would like to watch Indiana basketball stacking up wins again and want to know we’re making it worthwhile for the players (as if playing in Assembly Hall wasn’t enough). I do believe players should be paid (at minimum, for their time in practice, team meetings, travel, and performance on the court which adds exposure to the university), but to think that an 18-year old bench warmer may feel underpaid at $19,000 per month is a gross thought…and an entitled perspective. I’m not saying any of the players feel this way, but if so, then I wish them the best at finding a career which pays them so well…because there are many people in this world making less than $38,000 in an entire year. As I’ve said before, though, people drop their loyalty to a company on a regular basis to increase their salaries elsewhere, and I can’t blame any kid for choosing his or her most lucrative path and they should have that choice if the choice presents itself. 

 

Say Indiana, which has one of the top five classical music programs in the country, has an opera prodigy that performs in a Jacobs School production, is discovered while doing so, and gets a six figure recording contract while still attending IU. Moreover, the student's IU classical performances are moved from the 100 seat Ford-Crawford Hall (at $10 per ticket) to the 3,000+ seat main campus auditorium at $50 per ticket.

Does that bother you also, and if not what is the difference?