NIL and IU

[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?

 

[ray]

59 minutes ago, Stuhoo said:

 

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?

 

She would be paid to record new music for the record company. This goes beyond what she is doing for her academic scholarship. Some of the money being tossed around for the NIL deals seem to be solely to recruit or maintain a student athlete with little to nothing done in return. Like I said, I don’t blame the students for taking what’s presented to them. If they can benefit from signing paperwork and doing nothing in return, then fine. If they can benefit from taking pictures and being the face for advertising, then that’s a little better (and no different than modeling). If they can be paid for benefiting a good cause, then that’s even better. Still, like I said, I will question what reasons the students choose to play at Indiana (or elsewhere), and whether those reasons will keep a player from turning down a better offer at another university…which could cause constant turnover (more than we’ve already seen) and continuous bidding wars…and all in the name of more money. And, again, I said in my post it’s no different than an accountant finding a higher paying firm to work for. I get it, and I don’t blame the student athletes. It’s just not what I wanted to see in college sports.  It’s my opinion. I’m not asking anyone to agree with that opinion. I do think it’s different. We aren’t asking the players to play extra games for their reward or play in a better venue, but merely asking them to do what they’ve already been under contract to do (in most cases). I’m sure some athletes are working hard for something they care about. Mostly, though, I bet it’s a paycheck that just comes freely or with very little effort. Perhaps I’m wrong, and maybe they have to work hard for their $38,000 summer paychecks, but I’m pretty sure that’s not the case in some (and probably most) places. NIL potentially evens the playing field between the programs previously sliding money under the table and those that always did things more ethically, but only for the universities with passionate fans and large donor bases. It will likely destroy the Cinderella story I love so much about college basketball. Again, it’s just my opinion.

And, I’ll add, the move to a different venue will be additional money for the university. It will not go to the student opera prodigy. She would need to book her own performance hall or hire an agent to do so for her. Her paycheck will come from recording NEW music on her own time, not from ticket sales…unless you want to rework her contract to include ticket sales, but that wasn’t specified in your scenario…and something tells me she would perform in the larger venue for more exposure, but that she will not be offered additional compensation for her performance. 

[Hoosierfan2017]

2 hours ago, ray said:

She would be paid to record new music for the record company. This goes beyond what she is doing for her academic scholarship. Some of the money being tossed around for the NIL deals seem to be solely to recruit or maintain a student athlete with little to nothing done in return. Like I said, I don’t blame the students for taking what’s presented to them. If they can benefit from signing paperwork and doing nothing in return, then fine. If they can benefit from taking pictures and being the face for advertising, then that’s a little better (and no different than modeling). If they can be paid for benefiting a good cause, then that’s even better. Still, like I said, I will question what reasons the students choose to play at Indiana (or elsewhere), and whether those reasons will keep a player from turning down a better offer at another university…which could cause constant turnover (more than we’ve already seen) and continuous bidding wars…and all in the name of more money. And, again, I said in my post it’s no different than an accountant finding a higher paying firm to work for. I get it, and I don’t blame the student athletes. It’s just not what I wanted to see in college sports.  It’s my opinion. I’m not asking anyone to agree with that opinion. I do think it’s different. We aren’t asking the players to play extra games for their reward or play in a better venue, but merely asking them to do what they’ve already been under contract to do (in most cases). I’m sure some athletes are working hard for something they care about. Mostly, though, I bet it’s a paycheck that just comes freely or with very little effort. Perhaps I’m wrong, and maybe they have to work hard for their $38,000 summer paychecks, but I’m pretty sure that’s not the case in some (and probably most) places. NIL potentially evens the playing field between the programs previously sliding money under the table and those that always did things more ethically, but only for the universities with passionate fans and large donor bases. It will likely destroy the Cinderella story I love so much about college basketball. Again, it’s just my opinion.

And, I’ll add, the move to a different venue will be additional money for the university. It will not go to the student opera prodigy. She would need to book her own performance hall or hire an agent to do so for her. Her paycheck will come from recording NEW music on her own time, not from ticket sales…unless you want to rework her contract to include ticket sales, but that wasn’t specified in your scenario…and something tells me she would perform in the larger venue for more exposure, but that she will not be offered additional compensation for her performance. 

TBH I’ve become less of a fan of NIL too. At first it didn’t really bother me. But now it’s obvious that it’s being used to get players to particular schools. Like the transfer who got $800k to commit to Miami. He isn’t getting $800k for NIL. He’s getting it because some billionaire donor had some pocket change and felt like using it to improve Miami’s basketball team. Or the Pitt WR who got $3.5 million to transfer to USC. It’s not my money. But it’s free agency and it will change what college sports are like. With the transfer portal it’s going to be a mess. It is what it is, I suppose. 

[WayneFleekHoosier]

3 hours ago, Hoosierfan2017 said:

TBH I’ve become less of a fan of NIL too. At first it didn’t really bother me. But now it’s obvious that it’s being used to get players to particular schools. Like the transfer who got $800k to commit to Miami. He isn’t getting $800k for NIL. He’s getting it because some billionaire donor had some pocket change and felt like using it to improve Miami’s basketball team. Or the Pitt WR who got $3.5 million to transfer to USC. It’s not my money. But it’s free agency and it will change what college sports are like. With the transfer portal it’s going to be a mess. It is what it is, I suppose. 

The market system for good players was rampant in football and basketball for a long time. Not just for 5 star players either.  
 

If you follow recruiting rankings, NIL won’t change much. The top paying dogs will still be the top paying dogs. 
 

I do wish it could be regulated in some way but I don’t see any way to do that, that will prevent the motivated from skirting the rules to win players. 

[Southside]

16 hours 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. 

Yup. In pro-sports, I liken them to first world problems. Players demanding new contracts with multiple years left, etc., make me want to puke. Not that I'm siding with owners or anything, I just find the whole thing detached from reality. 

Money coming to colleges is what it is. The cow (cash cow) is not going back into the barn though lol. I'd say at minimum, if they're going to make 100+K a year, then they should be required to pay their own tuition lol. Not that's some legislation I could get behind. 

But it's not just sports that turn me off when it comes to colleges/universities. The whole thing seems to have become pretty gross. I have/had family that worked at PU (prof), as well as IU and ND. Things simply have really changed. I have all kinds of younger cousins and 2nd cousins in HS and college now. Heard way too many things that make me cringe lol. Last time I saw, only about a 1/3 of kids that go to college, graduate in 4 years. And of that, only about 40% actually use the degrees they got.