College football is history

[texhooper]

As a foreigner growing up with not much interest in American Football, I remember The Rose Bowl as being known as the most important trophy in the sport.

I know now I was wrong, but that was the perception of how important that game was at one time.

Reasonable assumption to make. It made it into the script of Rocky 4 after all.

[texhooper]

This is America. Having an education gets you nowhere.

Hahaha no shit. If you can sell, bullshit, don’t have a soul, you don’t even have to graduate high school to be a millionaire here

[brainfreeze]

Live sports are like real life therapy for a lot of people.
I've read where sports have inspired physically handicapped people to get out there and go, like wheelchair basketball for instance, track meets for those with artificial limbs is another.

One of the quickest ways to anger me is to make an off-colored crack about the Special Olympics.
Have you ever noticed the faces of those young ones that participate?
I hate the term "game changer" but it truly is.

Maybe it's just me, I'm on board with play for pay on the college level, but if you're accepting cash money to play hoops, football, or whatever. the least you can do is pay back that 100k in tuition scholarships.

Good idea .. the idea of college to begin with is education. You’re getting paid? Pay your tuition Lol

[unde0087]

Live sports are like real life therapy for a lot of people.
I've read where sports have inspired physically handicapped people to get out there and go, like wheelchair basketball for instance, track meets for those with artificial limbs is another.

One of the quickest ways to anger me is to make an off-colored crack about the Special Olympics.
Have you ever noticed the faces of those young ones that participate?
I hate the term "game changer" but it truly is.

Maybe it's just me, I'm on board with play for pay on the college level, but if you're accepting cash money to play hoops, football, or whatever. the least you can do is pay back that 100k in tuition scholarships.

Well the schools better get their money quick because we all know about 99% of these dudes will be broke as fuk before they are 25 with 6 kids and 4 baby mommas. Hell Nasher your tax dollars will be paying for their welfare when they are complete busts and partied all that money away. I mean look at Sanders. Didn't even take his ass a year and he is declaring bankruptcy. I can already see the ESPN 30 for 30 "NIL the one way ticket to disaster".

[Mac4Lyfe]

This is America. Having an education gets you nowhere.

I disagree. Dumb people with zero business acumen, seldom make it financially. You don’t need a bunch of degrees but you have to be educated on life and business. Street smarts can go far. Dummies aren’t going nowhere fast. Of course there’s dumb athletes, actors, musicians that make a lot of money but I consider them smart at their craft.

Im a bit torn on NIL. I wish it was around when I played but will it lead to a bunch of guys satisfied for that check and not push themselves to greatness. I’ve always believed athletes should get some type of stipend but when a kid I know right now is getting half a million dollars to play basketball and I know he’s not all that, the system is flawed. Money is not a true motivator. A lot of these guys are going to be lifetime students, taking up college rosters from deserving seniors in HS, who are the real losers right now. Teams are keeping these seniors on hold while they manipulate the transfer portal. 5 and 4 star kids are okay but the majority 3 and 2 star kids are fukked. Not fair.

[Mr KLC]

A company founded and fronted by Kendrick Perkins is offering college and HS athletes upfront money in exchange for a portion of their NIL earnings. Experts say the deals resemble high-interest loans and could be taking advantage of players.

The company, Nilly, offers athletes upfront payments ranging from $25,000 into the hundreds of thousands, said Perkins and his co-founder, Wall Street veteran Chris Ricciardi. In return, Nilly gets the exclusive rights to use or sell the athlete's name, image and likeness for up to seven years, and the company and its investors receive between 10% and 50% of the player's NIL earnings during that time period.

So far, Nilly has signed contracts with 20 athletes who are either in college or high school, all football and men's basketball players. ESPN sent messages to 10 of the athletes who have publicly mentioned their deals with Nilly but did not find any who were willing to discuss the company.

ESPN obtained a copy of one Nilly contract that lays out a $50,000 payment to a high school senior in exchange for the exclusive rights to sell his name, image and likeness for seven years. In that contract, Nilly and its investors will receive a 25% cut of the player's NIL earnings for the length of the contract, or until Nilly earns a total of $125,000 (2½ times its initial investment), whichever comes first. Ricciardi said the percentage of NIL money that Nilly takes from an athlete can be as high as 50%, and a spokesperson said Nilly's share can be as low as 10%.

A trio of consumer finance experts who reviewed the Nilly contract said parts of the deal resemble a high-interest loan, and multiple financial advisers who work with college athletes raised concerns about whether the company is offering quick cash that comes with too steep a price.

"To me it feels like you are preying on people who need the capital now and using that to cloud their focus on the future," said Michael Haddix Jr., whose company Scout provides financial education seminars to college athletic departments. "It feels predatory, and it's capitalizing on young people who need money and haven't thought through the long-term implications."

[Mr KLC]

[asiagambler]

Players always got paid, this is not really anything new

Actually this levelled the playing field more. It's why Saban retired

[ChuckyTheGoat]

Thats an exagerration to say nobody went to class or got tutoring. I went to a Div 1 school 10 years ago and there were 3 football players in my psychology class . Just saying they should rename this sport junior pro football because to call it college football is an insult .

Some truth to this. Under-ground payments are now above board. $80,000 for Cam Newton looks like a bargain now.

At the top Foot/Bask schools, academics has been separated for some time. The idea of the student-athlete at the top programs is a figment. Have to get down to mid-major, where players are working toward a degree and their future.