Other programs jumped on board right away and started having success. We are well behind. There should be no bigger priority for our athletic department than catching up in the NIL department.
Pack's "Strong-a$$ offer"
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Disagree, I prefer college athletics, so figuring out how to get out of this mess should be top priority. If I wanted to watch the G league, I'd just go to one of those games.
PU is not going to be able "get out of this mess". Either you participate, or you don't. But the NCAA, and the players couldn't care less what PU thinks of this. If we want big time transfers then we need to participate at a high level. If PU chooses not to, that is their decision. But it won't change the NIL in the least.
I think they can still use the NCAA-certified agent process and retain eligibility....
https://www.ncaa.org/sports/2019/1/24/agent-certification.aspx
It’s here to stay. The NCAA has no choice. Congress was going to make it illegal to prevent ncaa players from profiting off their NIL.
We can either get left further behind or go all in to catch up. Those are the only two options.
Genius...as, the idea of not wanting shady characters involved so as to allegedly protect the players and the image of the NCAA is also no longer relevant...brilliant.
Just can't see it happening at/for/with Purdue...and, I am confident that it is not a priority, and really don't even know that I see it becoming one.
Then we will quickly become non competitive in football and basketball.
Agree for certain...and, completely anticipate that being the case.
It already happened once with football...it will be more devastating though this time, and, not nearly as easy to come back from either.
Purdue is poised to become as irrelevant in major college athletics as it ever has been.
Well, in some ways it easier to come back from, just have to be willing to fork over the bucks. That will be the thing going forward, some rich alumni of random university decides he wants his school competing for championships, so he suddenly starts out bidding everyone as there is no cap, checks or balance. It's completely wide open.
So I'm going to be proud of my school when we reach a final 4 or win a championship because we had some rich alum pony up enough $ to buy a good team? No, I don't think so.
Agreed and there people in here that are whipped into a frenzy trying to figure out how to spend someone else's money and blaming them for missing out on recruits. It's really kind of disturbing and feel like I fell into bizzaro world.
I just need to log off this board and move on, it's a sad mess we are in now.
How would you have felt if purdue landed Pack at the last second by having some rich purdue guy match the 400K per year offer?
They’ll spend it, likely no withholdings and want the University or NIL sponsor to pay taxes. Maybe hold out till it is paid???
I’m just pointing out the reality of what is to come.
I would have been pumped. It would be a sign we are going to be a player in NIL. I would have also been pumped, because it would have filled a huge hole in the roster. Would have taken us from the bubble to safely in the tournament, in my opinion.
Players are holding out of higher end Bowls to train for NFL already. National Championship games in both Football and Basketball will have holdouts for more money. We are talking about young men who can easily be influenced. Scenario will come faster than we all think. One quote says it all, "I gotta family to feed".
It will be those agents having them hold out for more money vs playing in that Championship game.
On my original response, you probably think I'm totally against players having some coin. I'm not. There are inherent risks they take getting inside the white lines of the field or stripes on the court.
I'm very much against the screwed up NY Yankee style spending spree that went on for over decade that only few of the top colleges can do. I'm much more inclined to have parameters put on all Teams like MLB does with cap limits and luxury tax and I believe NFL adopted it as well.
We haven't even seen the ultra rich like Phil Knight come in an buy a Championship, but it is coming and Nick Saban and Dabo Sweeney are already crying foul. Neither should since they are paid beyond most all other coaches.
Will be interesting to see how this plays out over the next few years. I don't want to be negative, but newfound wealth + bad choices = really bad outcome for some NIL player. Just follow the money. Drug dealers and prostitution certainly know how to follow the money.
When NIL players start acting up and acting out in protesting fashion with me, me, me attitude, I'll have a lot more of my weekends to not focus on these Purdue sports. My NFL watching is down 70-80% already (I can go weeks without seeing a full GB Packers game). I haven't watched a full Bucks game this year and no playoffs yet. With MLB's money grab and owners too greedy to say no, I doubt if I go to a game in the near future. Pricing me out of America's past time. NCAA is now entering that realm where they should be careful with their fanbases they have.
My sports watching has really decreased rapidly over the last decade. I can feel college football and college basketball slipping away. I don't mind players making money like any other college student, but that's not what's going on. I'd prefer the NBA D-League and a minor league NFL just take over if this is the way we're going to do college athletics.
That’s not even close to the same thing. Players sit out pointless bowl games so they don’t get hurt.
No one is going to holdout of a national championship to demand more money. That’s ridiculous. You are inventing scenarios that are not likely to happen.
You can’t put a cap on NIL money. You use salary caps in professional sports as an example, but they aren’t the same. NIL is not a salary. No professional sports put a cap on how much a player can make off their NIL. Not one.
So now players receiving NIL are going to be doing drugs and hiring prostitutes? I think we are done here. Continue to believe whatever far fetched fantasy scenarios you make up. NIL is here to stay.
Here to stay. Sure. What happens when there is a death to the free flowing money? I’ll be here to point out the ills of too much money and bad choices. Should be some examples come fall and winter. Stick around. May not be deaths, but should be some interesting arrests soon enough.
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The few highlight clips I’ve seen have plenty of open seats in G League. It seems like AAU ball where parents and relatives go. Don’t care for it much either.
Money doesn’t automatically mean bad choices. Sounds like you would be in favor of socialism.
I'd be okay with it but I without knowing the market I feel as though Miami has overpaid for him. $400k per year is quite a lot
What happens to a coach when the NCAA makes a knee-jerk decision in a couple years saying that half of the packages put together were down illegally and those schools will be on suspension? After all the NCAA kind of makes things up as they go it seems. And turns a blind eye to certain things because it’s best for them at the time. What a complete joke
The difference between pro endorsement deals and Pack’s is that Pack’s required him to play for 1 particular team.
There is no evidence of that at this point. They can’t put that in writing. I’m sure they have found a way around that, but they can’t put that explicitly in writing.
I believe if the NCAA tried to put caps on income congress would step in and overrule them like they did with NIL to begin with.
If they put it in writing, then it’s illegal. I don’t think they would be Openly bragging about doing something illegal.
If I had to guess, the 800k is paid weekly and there is a clause in the contract that says the company can cancel the contract at any time without cause. It can be verbally explained that the only reason for a cancellation would be if Pack was no longer playing for the U.
As are you when you say their contract is tied to them being at the school. Neither of us have seen the contract.
It’s very likely there are provisions that tie compensation to several things, including attending the specific school. If you flunk out, drop out or get kicked out, your deal is likely breached / voided. Disputes will arise, as they always do in relationships such as this. But the paying party expects certain things, and continuing to attend school (and maintaining eligibility) are very likely at the top of the list.
As much as it would have helped Purdue on the basketball court, I would not have liked it admittedly...no more than I don't like when other schools cheated in the past to buy players, and, continuing to do it now in that it is no longer cheating essentially.
Be prepared for guys like John H. Ruiz, Attorney at Law, to insert themselves if their client gets benched for poor play or for a disciplinary issue. LifeWallet needs him on the court.
Maybe not in writing, but a verbal contract is just as binding as a written one unless some one is willing to perjure themselves in a court of law. Some will, but it will still open the door for litigation. Why else would he have gone? We all know it was discussed.
I think the big thing here is that none of this is against the law of the land. Companies can sign players to play for a certain school all they want. The only issue is that it could make them ineligible per NCAA rules. The legality of the pay for play contract would not be battled in a court of law.
I'm not sure how the NCAA will go about even looking at these contracts, but if they obtained the contract and there was no mention of having to play for a specific school (that would be in the verbal part of the contract), then there would be no NCAA rules broken. The NCAA could ask if there was a verbal contract to play for a certain school, and they could easily lie as lying to the NCAA is not illegal.
Pack’s deal clearly is contingent upon him playing for Miami. That’s obvious. Is someone / anyone suggesting otherwise?
