Hello There, Guest! (LoginRegister)
Open TigerLinks
 

Post Reply 
STR: New basketball league for 16-18 year olds will pay at least $100k/year
Author Message
Bookmark and Share
Alanda Offline
1st String
*

Posts: 1,119
Joined: May 2019
Reputation: 142
I Root For: Memphis
Location:
Post: #1
MyBB STR: New basketball league for 16-18 year olds will pay at least $100k/year
https://www.cnbc.com/2021/03/04/overtime...-nba-.html

Quote:Overtime announced on Thursday that it plans to start a basketball league for 16-to-18-year-olds allowing them to earn at least $100,000 per year.

The Overtime Elite league will let players bypass traditional high school and collegiate levels while building their brand before becoming eligible for the NBA. It will start in September with 30 players, and will be based in a single location, which is still under discussion.

There's more info in the article if you are interested. I found this from a different article talking about the NBA commissioner's support for the new league. Looks like recruiting is about to change sooner than expected.
03-07-2021 10:51 PM
Find all posts by this user Quote this message in a reply
Advertisement


BinghamptonNed Offline
Hall of Famer
*

Posts: 22,159
Joined: Mar 2004
Reputation: 708
I Root For: Memphis
Location: Germantown
Post: #2
RE: STR: New basketball league for 16-18 year olds will pay at least $100k/year
It is not clear how this league will be funded .
03-08-2021 07:49 AM
Find all posts by this user Quote this message in a reply
Marc Mensa Offline
You'll Get Nothing and Like It
*

Posts: 10,878
Joined: Mar 2004
Reputation: 385
I Root For: The Underdog
Location: Samaria
Post: #3
RE: STR: New basketball league for 16-18 year olds will pay at least $100k/year
Why doesn’t the NBA simply fund youth academies like European soccer teams?
03-08-2021 08:20 AM
Find all posts by this user Quote this message in a reply
snowtiger Offline
Hall of Flamers
*

Posts: 30,666
Joined: Mar 2011
Reputation: 2996
I Root For: Less Droplets!!
Location: Cascade Volcanic Arc
Post: #4
RE: STR: New basketball league for 16-18 year olds will pay at least $100k/year
Why doesn't the NCAA stop lording it over certain colleges pay its student athletes...
03-08-2021 11:26 AM
Find all posts by this user Quote this message in a reply
Advertisement


Atlanta Offline
Heisman
*

Posts: 9,537
Joined: Nov 2009
Reputation: 540
I Root For: Memphis Tigers
Location: Metro Atlanta
Post: #5
RE: STR: New basketball league for 16-18 year olds will pay at least $100k/year
(03-07-2021 10:51 PM)Alanda Wrote:  https://www.cnbc.com/2021/03/04/overtime...-nba-.html

Quote:Overtime announced on Thursday that it plans to start a basketball league for 16-to-18-year-olds allowing them to earn at least $100,000 per year.

The Overtime Elite league will let players bypass traditional high school and collegiate levels while building their brand before becoming eligible for the NBA. It will start in September with 30 players, and will be based in a single location, which is still under discussion.

There's more info in the article if you are interested. I found this from a different article talking about the NBA commissioner's support for the new league. Looks like recruiting is about to change sooner than expected.

Doesn't seem much like a "league" with just 30 players??
03-08-2021 11:29 AM
Find all posts by this user Quote this message in a reply
macgar32 Offline
Legend
*

Posts: 30,209
Joined: Dec 2007
Reputation: 663
I Root For: Memphis
Location: Bartlett
Post: #6
RE: STR: New basketball league for 16-18 year olds will pay at least $100k/year
This is going to end badly for a bunch of kids.
03-08-2021 11:35 AM
Find all posts by this user Quote this message in a reply
Stammers Offline
Legend
*

Posts: 33,413
Joined: Feb 2004
Reputation: 1347
I Root For: Memphis
Location: Montreal, Canada
Post: #7
RE: STR: New basketball league for 16-18 year olds will pay at least $100k/year
(03-07-2021 10:51 PM)Alanda Wrote:  https://www.cnbc.com/2021/03/04/overtime...-nba-.html

Quote:Overtime announced on Thursday that it plans to start a basketball league for 16-to-18-year-olds allowing them to earn at least $100,000 per year.

The Overtime Elite league will let players bypass traditional high school and collegiate levels while building their brand before becoming eligible for the NBA. It will start in September with 30 players, and will be based in a single location, which is still under discussion.

There's more info in the article if you are interested. I found this from a different article talking about the NBA commissioner's support for the new league. Looks like recruiting is about to change sooner than expected.

You build your brand by playing NCAA basketball. Not by doing drills and scrimmaging with 30 players all year. None of the kids that skipped school this year are building their brand. They are in the basketball equivalent of the witness protection program.
(This post was last modified: 03-08-2021 01:02 PM by Stammers.)
03-08-2021 01:01 PM
Find all posts by this user Quote this message in a reply
Advertisement


snowtiger Offline
Hall of Flamers
*

Posts: 30,666
Joined: Mar 2011
Reputation: 2996
I Root For: Less Droplets!!
Location: Cascade Volcanic Arc
Post: #8
RE: STR: New basketball league for 16-18 year olds will pay at least $100k/year
Leaving school worked out ok for Wiseman. But he was a true top pick.

one of a kind
03-08-2021 01:03 PM
Find all posts by this user Quote this message in a reply
tigerengineer Offline
All American
*

Posts: 3,638
Joined: Sep 2005
Reputation: 141
I Root For: The Tigers!
Location:
Post: #9
RE: STR: New basketball league for 16-18 year olds will pay at least $100k/year
the ncaa brings the marketing and exposure opportunities to the table. you can grow your game in a lot of different ways, but if you are elite and want that big shoe deal with your rookie contract, then you need the marketing opportunities that the ncaa provides through march madness and the national games.

that is the part these kids would miss out on, they would be making it more difficult to impress the shoe companies and other endorsement entities by going this route. the nba will scout the players, but now the endorsement deals would take more effort to put together.
03-08-2021 01:18 PM
Find all posts by this user Quote this message in a reply
Atlanta Offline
Heisman
*

Posts: 9,537
Joined: Nov 2009
Reputation: 540
I Root For: Memphis Tigers
Location: Metro Atlanta
Post: #10
RE: STR: New basketball league for 16-18 year olds will pay at least $100k/year
(03-08-2021 11:35 AM)macgar32 Wrote:  This is going to end badly for a bunch of kids.

For most of those who don't eventually make it professionally, they will have lost their amateur status to play college ball & get a degree - that's the "end badly" part. If, a big if, the league provides the education they tout to teach these kids the economics of life, it will be good for some but most will be extremely ill equipped to manage even a $100K & they will be preyed upon by those around them.
03-08-2021 02:19 PM
Find all posts by this user Quote this message in a reply
Advertisement


Stammers Offline
Legend
*

Posts: 33,413
Joined: Feb 2004
Reputation: 1347
I Root For: Memphis
Location: Montreal, Canada
Post: #11
RE: STR: New basketball league for 16-18 year olds will pay at least $100k/year
(03-08-2021 11:35 AM)macgar32 Wrote:  This is going to end badly for a bunch of kids.

They will make $100,000 for one year, and if they don't make it in the pros they will have forfeited a $150,000 - $200,000 free education.
03-08-2021 02:40 PM
Find all posts by this user Quote this message in a reply
SouthernBoiNOLA Offline
Special Teams
*

Posts: 738
Joined: Jan 2013
Reputation: 56
I Root For: Memphis
Location: New Orleans
Post: #12
RE: STR: New basketball league for 16-18 year olds will pay at least $100k/year
I read about a similar plan to this a few years ago with HBCU's (Historically Black Colleges and Universities). They article suggest that they leave the NCAA since they really don't get much support from them anyway. Then, they would form a semi pro league, since a lot of HBCUs are either in or near a major city. They would go after the 1 and dones of the world. Pay anyone that plays a salary in line with what they are paying in Europe, let them go to college for free, and if the NBA calls, they can leave and come back if they need to. Sounded like a good plan, but no one would finance it.
03-08-2021 04:03 PM
Find all posts by this user Quote this message in a reply
macgar32 Offline
Legend
*

Posts: 30,209
Joined: Dec 2007
Reputation: 663
I Root For: Memphis
Location: Bartlett
Post: #13
RE: STR: New basketball league for 16-18 year olds will pay at least $100k/year
(03-08-2021 02:19 PM)Atlanta Wrote:  
(03-08-2021 11:35 AM)macgar32 Wrote:  This is going to end badly for a bunch of kids.

For most of those who don't eventually make it professionally, they will have lost their amateur status to play college ball & get a degree - that's the "end badly" part. If, a big if, the league provides the education they tout to teach these kids the economics of life, it will be good for some but most will be extremely ill equipped to manage even a $100K & they will be preyed upon by those around them.

Yep

Getting exposed in college isn't terrible for a kid...

Getting exposed in a league where you are making 50k means you have to learn another skill with no options of any type of scholarship.
03-08-2021 04:54 PM
Find all posts by this user Quote this message in a reply
Advertisement


Alanda Offline
1st String
*

Posts: 1,119
Joined: May 2019
Reputation: 142
I Root For: Memphis
Location:
Post: #14
RE: STR: New basketball league for 16-18 year olds will pay at least $100k/year
@macgar The minimum is $100k.

(03-08-2021 01:18 PM)tigerengineer Wrote:  the ncaa brings the marketing and exposure opportunities to the table. you can grow your game in a lot of different ways, but if you are elite and want that big shoe deal with your rookie contract, then you need the marketing opportunities that the ncaa provides through march madness and the national games.

that is the part these kids would miss out on, they would be making it more difficult to impress the shoe companies and other endorsement entities by going this route. the nba will scout the players, but now the endorsement deals would take more effort to put together.

It will definitely be interesting to see how it goes if it gets off the ground. Going back before corona was a problem, we see that LaMelo Ball and RJ Hamptom skipped college and even without the exposure there they were still first round picks. And LaMelo looks like he will be rookie of the year. Shoe companies would have already known about these kids. We've seen that for years with the money they put into AAU, their own high school leagues, and the "alleged" under the table deals with coaches and players.

(03-08-2021 04:03 PM)SouthernBoiNOLA Wrote:  I read about a similar plan to this a few years ago with HBCU's (Historically Black Colleges and Universities). They article suggest that they leave the NCAA since they really don't get much support from them anyway. Then, they would form a semi pro league, since a lot of HBCUs are either in or near a major city. They would go after the 1 and dones of the world. Pay anyone that plays a salary in line with what they are paying in Europe, let them go to college for free, and if the NBA calls, they can leave and come back if they need to. Sounded like a good plan, but no one would finance it.

Sounds like a lot of politics (governmental and non-governmental) would have been involved to make that work. Probably another headache other than financing it.
03-08-2021 07:34 PM
Find all posts by this user Quote this message in a reply
BinghamptonNed Offline
Hall of Famer
*

Posts: 22,159
Joined: Mar 2004
Reputation: 708
I Root For: Memphis
Location: Germantown
Post: #15
RE: STR: New basketball league for 16-18 year olds will pay at least $100k/year
(03-08-2021 08:20 AM)Marc Mensa Wrote:  Why doesn’t the NBA simply fund youth academies like European soccer teams?

Because they would lose money. European soccer clubs get paid money called transfer fees when their academy players go to other clubs- you cannot do that here with players under 18.

When a top is player leaves a soccer academy for Europe the club does not get a windfall like a European academy would when their top player left-


In the US, Baseball has an antitrust exemption that is granted by congress that’s why they can run a minor league system
(This post was last modified: 03-09-2021 07:54 AM by BinghamptonNed.)
03-09-2021 07:53 AM
Find all posts by this user Quote this message in a reply
tnzazz Offline
Hall of Famer
*

Posts: 10,363
Joined: Apr 2009
Reputation: 335
I Root For: Memphis Tigers!
Location: Franklin, TN
Post: #16
STR: New basketball league for 16-18 year olds will pay at least $100k/year
(03-08-2021 11:35 AM)macgar32 Wrote:  This is going to end badly for a bunch of kids.


Yep


Sent from my iPhone using Tapatalk
03-09-2021 07:56 AM
Find all posts by this user Quote this message in a reply
Post Reply 




User(s) browsing this thread: 1 Guest(s)


Copyright © 2002-2021 Collegiate Sports Nation Bulletin Board System (CSNbbs), All Rights Reserved.
CSNbbs is an independent fan site and is in no way affiliated to the NCAA or any of the schools and conferences it represents.
This site monetizes links. FTC Disclosure.
We allow third-party companies to serve ads and/or collect certain anonymous information when you visit our web site. These companies may use non-personally identifiable information (e.g., click stream information, browser type, time and date, subject of advertisements clicked or scrolled over) during your visits to this and other Web sites in order to provide advertisements about goods and services likely to be of greater interest to you. These companies typically use a cookie or third party web beacon to collect this information. To learn more about this behavioral advertising practice or to opt-out of this type of advertising, you can visit http://www.networkadvertising.org.
Powered By MyBB, © 2002-2021 MyBB Group.
MemphisTigers.org is the number one message board for Memphis Tigers sports.