Who knew what lifewallet was before pack signed? Now half or more of Ncaa fans know and a bunch will check it out. If you research them a little it’s a pretty great idea.
They may have already gotten their $800k worth of advertising.
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Who knew what lifewallet was before pack signed? Now half or more of Ncaa fans know and a bunch will check it out. If you research them a little it’s a pretty great idea.
Yes, but you could maybe get them to sign a legal document waiving their rights for payment/NIL. It would be their choice if they want to play in the non-nil association. Otherwise they have the choice to play in the NCAA. The key would be that it’s their choice.I think option 2 sounds nice, but I don’t think schools can enforce the “scholarship only” rule. Didn’t the courts decide that players have the right to make money off their name? That’s where all of this started.
This is a naive take. yes that's what the letter of the law is currently. But zoom out, and take a bird's eye look at the whole system. What NIL has actually done is legislate the payment of student athletes in revenue sports at close to their market rates. Money is fungible, whether it's coming from the university directly or from boosters/fans associated with the university doesn't matter.People keep talking about Purdue and what they can do. It's not about the university, they aren't the one's cutting the checks. It's really about individuals to bid what ever they want.
That's exactly what that iowa state kid is doing. There's going to be a handful of players then the farm system universities who will lose their top guys every year to the players.College basketball is screwed! With the transfer portal every year it is going to be “players for hire.” You have a breakout year……show me the money!
This will work for a while while NIL is still a new, but will soon become diluted in the mass of NIL deals.Who knew what lifewallet was before pack signed? Now half or more of Ncaa fans know and a bunch will check it out. If you research them a little it’s a pretty great idea.
That’s all it takes.This will work for a while while NIL is still a new, but will soon become diluted in the mass of NIL deals.
He understands it, he understands driving 90MPH from the passenger side. And he understands that with NIL, Indinia will now compete with Kansas, Houston, and the other top corrupt institutions to buy players.I’m not, but I do find it somewhat amazing that you’re unaware of the story surrounding the Indinia name. As an IU fan, that’s surprising, to say the least. Is your reaction a function of your ignorance?
BINGO! You nailed it! Purdue will probably be a farm system university where any good players will NIL-out after a year or two. It will be hell.That's exactly what that iowa state kid is doing. There's going to be a handful of players then the farm system universities who will lose their top guys every year to the players.
To quote Billy Beane (or Brad Pitt): "We are card counters at the blackjack table."
I’ll add to your comments by saying college football, not basketball, will be where the major impact for NIL occurs. Players are required to stay in school longer, plus the revenue numbers and prominence of football programs is much, much larger than it is in basketball. Some kids may stay a bit longer in college than they might’ve previously, but some “providers” are also very likely overpaying in the early days in their zealousness to be involved. Time will likely help everyone get a better handle on how all of this will work, and trends such as remaining in school will be far better understood than they can be today.NIL is also keeping players in college longer.
The NIL money is going to be targeted at players that are really, really good in college, but not good enough to be a first rounder in the NBA; guys like Thshiebwe, Dickinson, maybe TJD, Pack. It will not have a major effect on more than about 50 players a year. It could have a minor effect on the entirety of a moneyed program by keeping their kids from transferring because they're making a few bucks.
The highly-moneyed schools will have an advantage? Yes, definitely. Exactly like they always have. The difference from before NIL is twofold:
The holier-than-thou-ness of some programs will be the surest sign that those programs don't have their shite together with an NIL program that works within the new rules effectively.
- Slime like Will Wade (who isn't a very good coach) won't be able to out-bid programs for talent because payment is now above-board, and
- The big, BIG money world of college basketball has moved away from a socialist model squarely into the world of free-market capitalism. Stay school eligible, no profit share from university events, earn off of non-university events, including when your fame is based on university events. Just like any other student is allowed to do for non-athletic opportunities.
Finally, anyone that thinks that athletes at P5 schools aren't already massively compensated over and above the compensation of smaller schools is longing for a day that hasn't really ever existed. Do you think that when Purdue did their European tour a few years ago (or IU in the Bahamas last year) - all expenses paid that was a benefit that was available to the Ball State or Bellarmine programs? How about summer jobs? IU and Purdue players have always gotten really good, inordinately high-paying ones. Why? Because of what they have done during university events -- their basketball performance.
SEC football? Holy sh!t.I’ll add to your comments by saying college football, not basketball, will be where the major impact for NIL occurs. Players are required to stay in school longer, plus the revenue numbers and prominence of football programs is much, much larger than it is in basketball. Some kids may stay a bit longer in college than they might’ve previously, but some “providers” are also very likely overpaying in the early days in their zealousness to be involved. Time will likely help everyone get a better handle on how all of this will work, and trends such as remaining in school will be far better understood than they can be today.
I do find it interesting that schools who claimed to abhor the practice of paying players have now found it perfectly acceptable to do so, simply because the rules have changed. The moral outrage that once existed has magically disappeared, and most of the piety has gone with it. It’s also apparent that compensating athletes will be done without regard to many / any standards of propriety or ethics, all because everything now is suddenly fair game. Integrity, it seems, was and is written in lemon juice. While some schools will do anything for a dollar, I’m glad Purdue has taken a more reasoned approach, and I’m glad they’ll likely say “no” to some schemes to funnel money to players that are obviously unethical, even if they’re technically within the rules and laws.
I think you bring up some good points, but I don't think I agree with the "saying college football, not basketball, will be where the major impact for NIL occurs." I would say it affects both equally, just in different ways.I’ll add to your comments by saying college football, not basketball, will be where the major impact for NIL occurs. Players are required to stay in school longer, plus the revenue numbers and prominence of football programs is much, much larger than it is in basketball. Some kids may stay a bit longer in college than they might’ve previously, but some “providers” are also very likely overpaying in the early days in their zealousness to be involved. Time will likely help everyone get a better handle on how all of this will work, and trends such as remaining in school will be far better understood than they can be today.
I do find it interesting that schools who claimed to abhor the practice of paying players have now found it perfectly acceptable to do so, simply because the rules have changed. The moral outrage that once existed has magically disappeared, and most of the piety has gone with it. It’s also apparent that compensating athletes will be done without regard to many / any standards of propriety or ethics, all because everything now is suddenly fair game. Integrity, it seems, was and is written in lemon juice. While some schools will do anything for a dollar, I’m glad Purdue has taken a more reasoned approach, and I’m glad they’ll likely say “no” to some schemes to funnel money to players that are obviously unethical, even if they’re technically within the rules and laws.
And Big Ten football, and ACC football, and Big 12 football (what’s left of it), and PAC 12 football, and Mountain West, AAC and ND football. This is where the impact of NIL will really be felt, as will the eventual revenue sharing demands that are sure to follow all of this.SEC football? Holy sh!t.
They've always made any basketball program look like they're paying at the kiddie table.
Thus. the inevitable need to allocate far more dollars toward football, rather than basketball. You might get away with buying a player or two in basketball, but you’ll need to “endow” entire position groups in football (see UT and BYU). Football s the bell cow for college sports, and it will be the bell cow for NIL.I think you bring up some good points, but I don't think I agree with the "saying college football, not basketball, will be where the major impact for NIL occurs." I would say it affects both equally, just in different ways.
It is true that college football players have to stay in school longer and football is a bigger revenue generator for a school. However, it takes more players to really make an impact on the whole team. In basketball, a player may only play 1 or 2 years. However, a couple of major players, with a supporting cast around them, can a bigger impact on the fortunes of a basketball team.
Getting an Arch Manning can make a team relevant. However, he has to have receivers to catch the balls and an OL to protect him. He also needs to have the defense let less points score to win.
In basketball, we had a lottery pick in Ivey, but we were lacking a point guard (and still lacking one for this year too). Where would Purdue have been, if we had an Ivey talent in at the PG position. Would it have changed our tournament results? It is the if game, but I say yes with the rest of our supporting cast this year.
Ditto, only no pro ball for me. Looks like it's more YouTube time for me!I don't see it. And I'm typically the optimistic Purdue guy. Teams with boosters who already had networks to pay players like Tennessee, OSU, and Texas AM or a Billionaire fan like Miami are going to get the clear advantage. How does Purdue donations for JPC compare to other athletic donations at top ACC, SEC, and B1G schools? The money for NIL would come from the same pool of people who are already giving.
I'm still going to enjoy watching and supporting this team as long as this core of guys is here, regardless of the outcome. However, if college sports eventually turn into free agency where the rosters are different every year based on the highest bidder I'll be watching the better professional product in the NBA or NFL.
I'd vote for this. Too bad I don't get a vote!2. Find the schools that know they are in the same financial uncompetitive boat and the ones just not willing to do the NIL and leave the NCAA and form a true amateur athletic association. Scholarship only. If schools get caught cheating, they are out forever. The talent will be much less but there will be at least fair financial competition.
I would love it if college basketball only had players that would meet the admission standards as regular students and would play 4 years and graduate. Unfortunately that's not the case. As a result, Purdue better find out how to "legally" play the game or be left on the junk heap of the relic pastMy question is whether we, Purdue, can complete in a NIL world. I would ask that in both football and basketball.
Pack obviously took the money and run (Steve Miller song plays in my mind writing that) to Miami. Hey, Miami might have been the highest bidder, but weather and lifestyle could have played a part in it too. Miami is obviously a different lifestyle for a kid over the Midwest. Whatever the reason, we lost out on him, which we offered almost a guaranteed starting gig and tv exposure to showcase his talents with our team needing a PG so bad. I cannot remember the last time I really have seen Miami basketball on prime time tv.
Purdue has two great coaches in Painter and Brohm. Both offer recruits and transfers the ability to learn the game and make them better men. They are both upfront in what they offer and will offer. Purdue is an incredible academic institution, so players get a great education and great degree. That obviously pays dividends for the rest of their lives.
However, I get it. You are a 18 to 22 year old player, and someone is talking about the future to you and another is offering you the chance to drive a Porsche and other things. Kids, and a lot of their parents, are going to say to take the money in most cases. Now, we know that very few of these kids are going to be the next NFL or NBA star, and this money dries up quickly, if you are foolish with the money. We know that most of these kids will be foolish with the money, but they don't care in the present. There are some kids that want that regime and they want the education, but that is becoming more rare in our society with the "I or Me" attitude that so many people seem to have anymore.
Can we compete with the schools that have boosters and administrations that don't care about the kids, except what they can provider in the Win/Loss column? It is all about the wins today. I realize that Purdue has this "collective" that we are establishing. Purdue has money and boosters too that could help to recruit these transfers and recruits. I just don't see our university getting into an "arms" race like some other universities. Hey, supposedly IU paid a few hundred thousands, and they are seeing Thompson and Davis coming back next year. I don't know if it is true, and I don't really care. I don't think those 2 players are going to help that team out that much to where they are going any further in the tournament than what we saw this year. However, I could see IU getting into the arms race in basketball in the future. I could see multiple members of their fan base willing to take out a second or third mortgage out on their trailers. Don't see it in football, because their football team plays off campus in South Bend.
Could this be a reason that Hunter is looking to leave? Did he do a Jerry Maguire "show me the money" statement, and we refused to pay that price. Again, I have no idea. I am just putting that out there.
NCAA has opened up Pandora's box with these transfer portal and NIL policies. They can try to amend them, but least be honest that is not going to work now. It is too late. College basketball has become a semi professional league with the paychecks that some of these kids are going to see. For the payments going to be paid out, I guess you better see league champions, league tournament championships, and deep NCAA tournament runs to get your ROI on your money.
The question still remains whether we want to get into this arms race/free agency for players. I think we will get this "collective" going, but I don't see us being the highest bidders in these auctions for the top talent.
I think you're completely wrong on your assessment of Purdue alumni. Purdue graduates something like 8000 people per year and has done so for what, 50 years now? That's a lot of Purdue alumni out there earning a lot of money. Some might not care about athletics, but plenty do.I would agree. Painter will continue to find and recruit awesome players. and they may thrive at Purdue. But they will also be showcasing their talents to the people willing t o give them a big paycheck. So after a couple of years and making all BIG 10, you will soon see players using the transfer portal to accept a big money offer. in the future, Purdue will become a farm team to the teams that pay big money.
the problem with Purdue alumni is they are too academic oriented to waste their money to give it to an athlete. Very few Purdue alumni became slime ball used car dealers or real estate swindlers or Casino owners. they all became pharmacists, engineers, veterinarians, astronauts, computer scientists, agricultural researchers, project managers and professors. Name me one rich slime ball used car salesman, and i doubt he's a Purdue alumni.
in the 80's / 90's there was a man who owned a prominent bank in Alabama. he also basically OWNED Auburn's athletic department. if he didn't like a coach, he was fired/ bought out. and with him , it wasn't even about their record. this banker OWNED the Auburn athletic department, and the entire school bowed down to his demands. In today's world, that person would think nothing of giving a player a $1 million to play for auburn. it makes one wonder how much Arch Manning is going to receive.
Nobody: Tell me you are a worthless bureaucratic organization without saying you are a worthless bureaucratic organization.
This just in..... brought in the same spirit of the Kellogg-Briand pact. I say Good Show 'ol Boy.....Jolly Good Show.
Awesome. Schools will start ignoring this IMMEDIATELY!!
This just in..... brought in the same spirit of the Kellogg-Briand pact. I say Good Show 'ol Boy.....Jolly Good Show.
That's what I like about you, PGiT. Always looking to class this place up.brought in the same spirit of the Kellogg-Briand pact.
Congress must get involved.College basketball is screwed! With the transfer portal every year it is going to be “players for hire.” You have a breakout year……show me the money!
Congress is the reason for NIL in the first place. Congress will be on the side of institutions not limiting the amount of money a person can make.Congress must get involved.
That is our only hope.
Are there any Boiler alums in congress?
You must insist to them that they introduce legislation to level the playing field
& require jail time for serious violators.
Either get involved or stop complaining.
Congress is the reason for NIL in the first place. Congress will be on the side of institutions not limiting the amount of money a person can make.
Our only hope is to play the new game. We have a large and wealthy donor base.
We may not be able to compete in football when it comes to NIL, but we can in basketball. No reason we can’t raise $2+ million each year for basketball.We are going to give money for certain things, but you can tell by the statement below from Bobinski that we are not going to try to compete against the Big Boys in football or basketball. We are going to get a few big type players from time to time, but we are going to have to consistently find those diamonds in the rough. It is just a fact that we have to accept as Purdue fans that we are not to be able to win most recruiting battles, if money is the deciding factor for a recruit. Unfortunately, that is the main factor for the majority of these kids, and you cannot blame them.
The tool assists in the creation of business connections, streamlines payment and reporting processes, consolidates tax information and creates separation between Purdue and each athlete's pursuit of NIL opportunities.
“We are not going to out NIL Alabama or whomever,” said Bobinski. “We're not going to do that. Just like right now, we're not up against Alabama on a lot of kids that if they're at that level, we're not going to win a lot of those. That's just the fact. We're gonna get that next level guy and then develop them, coach them up and then at the end of the day, turn him into a really good football player. That formula is not going to change.
One of the biggest problems with NIL is that schools who can’t compete in football will eventually struggle to compete in all sports. The differences in revenue between sports are just too great. Last season, the top earner in football (Texas) generated roughly $100 million more than the top earner in basketball (L’ville). Athletic departments at football schools will put that money into facilities for other programs (primarily basketball as it is the second highest earner), and the exposure they gain from football will make their NIL deals hard to beat.We may not be able to compete in football when it comes to NIL, but we can in basketball. No reason we can’t raise $2+ million each year for basketball.
1) I don’t think you know how NIL works. The athletic department revenue isn’t funding it.One of the biggest problems with NIL is that schools who can’t compete in football will eventually struggle to compete in all sports. The differences in revenue between sports are just too great. Last season, the top earner in football (Texas) generated roughly $100 million more than the top earner in basketball (L’ville). Athletic departments at football schools will put that money into facilities for other programs (primarily basketball as it is the second highest earner), and the exposure they gain from football will make their NIL deals hard to beat.
IU was 5th in basketball revenue and I’m still concerned about our ability to recruit in this new landscape. I foresee schools like OSU, UM, Bama, etc. using their money and marketability to dominate college athletics as a whole.
I know how NIL is supposed to work, I’m just not naive enough to believe universities are playing by the rules. NIL effectively opened the door for universities and/or boosters to use companies as bag men. Just look at USC. Do you honestly think they’re on the level with all these seven figure NIL deals for transfers?1) I don’t think you know how NIL works. The athletic department revenue isn’t funding it.
2) Athletic departments have been reaping from football revenue for awhile now. OSU has better basketball facilities than a lot of basketball-first schools.
3) Not going to shed a tear for IU. Not a single one. The glory days are long gone.
As long as schools are playing by the rules, you can't call them 'cheaters'.I know how NIL is supposed to work, I’m just not naive enough to believe universities are playing by the rules. NIL effectively opened the door for universities and/or boosters to use companies as bag men. Just look at USC. Do you honestly think they’re on the level with all these seven figure NIL deals for transfers?
I don’t expect anyone here to shed a tear for IU, I’m just using them as an example to illustrate my point. The poster I replied to said he thinks Purdue should be able to compete with other schools’ NIL opportunities when it comes to basketball recruits. I, on the other hand, don’t think any of the basketball schools should count on being able to compete with NIL opportunities offered by football schools.
You are falsely equating athletic revenue with booster money. Football schools come out ahead in total revenue because football drives the bus with media deals and gate. That means football schools can afford nice basketball facilities and coaching salaries. But those revenue streams have nothing to do with a billionaire alumni deciding whether to pay a football player or a basketball player. The billionaire in Texas can support football players and the billionaire in Kansas can support basketball. In that sense your average basketball player at a traditional basketball school might come out ahead because he has less competition from the football team for endorsement deals.I know how NIL is supposed to work, I’m just not naive enough to believe universities are playing by the rules. NIL effectively opened the door for universities and/or boosters to use companies as bag men. Just look at USC. Do you honestly think they’re on the level with all these seven figure NIL deals for transfers?
I don’t expect anyone here to shed a tear for IU, I’m just using them as an example to illustrate my point. The poster I replied to said he thinks Purdue should be able to compete with other schools’ NIL opportunities when it comes to basketball recruits. I, on the other hand, don’t think any of the basketball schools should count on being able to compete with NIL opportunities offered by football schools.
Yeah, I think people are putting way too much emphasis on football money for NIL as it relates to basketball. If a school has an engaged/large hoops fan base, a good AD who can fundraise and a few rich donors willing to pony up … they’ll be just fine, even if they suck at football.You are falsely equating athletic revenue with booster money. Football schools come out ahead in total revenue because football drives the bus with media deals and gate. That means football schools can afford nice basketball facilities and coaching salaries. But those revenue streams have nothing to do with a billionaire alumni deciding whether to pay a football player or a basketball player. The billionaire in Texas can support football players and the billionaire in Kansas can support basketball. In that sense your average basketball player at a traditional basketball school might come out ahead because he has less competition from the football team for endorsement deals.
No, I’m saying I believe athletic revenue occasionally gets funneled through boosters. Millionaires/billionaires don’t obtain that status by giving money away. Some may support players altruistically, but I think many probably expect a ROI. That ROI can come in a number of ways, and I think kickbacks from the university are one of those ways (e.g. “Sign our players to NIL deals and we’ll make sure your construction business gets the contracts for facility improvements”). You can call me a conspiracy theorist, but we’re talking about $100M+ to some schools. I absolutely think they’d work under the table to protect that revenue.You are falsely equating athletic revenue with booster money. Football schools come out ahead in total revenue because football drives the bus with media deals and gate. That means football schools can afford nice basketball facilities and coaching salaries. But those revenue streams have nothing to do with a billionaire alumni deciding whether to pay a football player or a basketball player. The billionaire in Texas can support football players and the billionaire in Kansas can support basketball. In that sense your average basketball player at a traditional basketball school might come out ahead because he has less competition from the football team for endorsement deals.