(05-20-2022 08:10 AM)Frank the Tank Wrote: (05-19-2022 03:07 PM)Kit-Cat Wrote: (05-19-2022 01:09 PM)Hokie Mark Wrote: I thought the official rules stated that a player could receive NIL money only if it didn't matter which school he attended. Therefore, accepting NIL money SHOULDN'T obligate a player to attend a particular school - according to that rule.
Was that rule dropped and I missed it?
The example is a school has a booster club and was selling NFTs of players. If the booster donated 2,500 they could receive that digitally signed NFT with the money going to the players pocket.
If the player doesn't have to show up for team or transfers somewhere else then the booster just wasted 2,500 dollars. Buying a team then comes at a risk. Buy 100 players but 25 hit the transfer portal.
Some of the SEC fans here think they'll buy the entire team off at 1 million per year with TV money through NFT sales. That would be $125 million just for the FB team. Like ticket prices to a FB game they can only go so far until supporters cry Uncle.
The free market is messy - it's not a nice, neat, organized or coordinated way to determine pricing. To paraphrase Churchill's quote about democracy, the free market is the worst form of an economic system... except for all of the others that have been tried.
What we're seeing now is an unleashing of a free market in a world where NIL compensation was completely prohibited just a year ago. It's going to take time to stabilize.
Fans also need to put some of the numbers that they throw around into perspective. The minimum rookie NFL salary is $705,000 this year with the wealthiest and most powerful sports organization in the US. That doesn't seem to translate into entire college teams getting $1 million per player once we get past the initial burst of activity in the NIL market where people are throwing darts as to what it's actually worth right now.
UFC 274 is an example of what CFB players might expect to receive. Note the undercard making only around 20k per fight though many of those fighters make 6 figures from endorsements.
https://www.totalsportal.com/mma/ufc-274...s-payouts/
Fighters Purses/Win Bonus/UFC Bonus/Sponsorship/Total Payouts
Charles Oliveira $500k/$100k/$10k/$42k/$1.2m (including ppv bonus)
Justin Gaethje $500k/N/A/N/A/$32k/$850k (including ppv bonus)
Rose Namajunas $500k/N/A/$30k/$42k/$572k
Carla Esparza $310k/$100k/N/A/$20k/$430k
Michael Chandler $500k/$100k/$70k/$20k/$690k
Tony Ferguson $400k/N/A/N/A/$15k/$415k
Maurício Rua $210k/N/A/N/A/$10k/$220k
Ovince Saint Preux $110k/$100k/N/A/$5k/$215k
Donald Cerrone $200k/N/A/N/A/$10k canceled
Joe Lauzon $85k/N/A/N/A/$5k/canceled
Randy Brown $85k/$85k/N/A/$10k/$180k
Khaos Williams $30k/N/A/N/A/$5k/$35k
Brandon Royval $36k/$36k/$50k/$5k/$127k
Matt Schnell $30k/N/A/$50k/$5k/$85k
Macy Chiasson $40k/$40k/N/A/$5k/$85k ($6.6k bonus)
Norma Dumont $18k/N/A/N/A/$4k/$15.4k ($6.6k fine)
Blagoy Ivanov $36k/$36k/N/A/$5k/$77k
Marcos Rogério de Lima $75k/N/A/N/A/$5k/$80k
Francisco Trinaldo $75k/$75k/N/A/$5k/$155k
Danny Roberts $60k/N/A/N/A/$5k/$65k
Cameron VanCamp $12k/N/A/N/A/$4k/$16k
André Fialho $12k/$12k/$50k/$4k/$78k
Tracy Cortez $18k/$18k/N/A/$4k/$40k
Melissa Gatto $12k/N/A/N/A/$4k/$16k
Kleydson Rodrigues $12k/N/A/N/A/$4k/$16k
C.J. Vergara $12k/$12k/N/A/$4k/$28k
Ariane Carnelossi $18k/N/A/N/A$4k/$22k
Lupita Godinez $22k/$22k/N/A/$5k/$49k
Journey Newson $20k/$20k/N/A/$5k/$45k
Fernie Garcia $12k/N/A/N/A/$4k/$16k
Only 11 fighters out of 30 made over $100,000 on the fight card. Many under 100k received some kind of bonus though.
Are we going to see performance based clauses in NIL money? That would also become part of the calculus by the athletes.
When serious money is involved, not just a COLA difference of a thousand dollars here or there a lot of calculus is required. CFB may return to largely a regional sport with regional turf again.