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If you thought NIL was out of control
Tiger Boards - Clemson Football
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Replies: 13
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If you thought NIL was out of control

5
Feb 20, 2024, 3:25 PM
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Wait…it’s going to get much worse. There is a company been formed called Nilly, that is targeting high school athletes that will give the athlete money up front and then keeping a % of the NIL money they earn over their career.

https://m.uk.investing.com/news/stock-market-news/sports-stars-of-the-future-can-cashin-early-on-their-public-image-earnings-potential-3344453?ampMode=1


Message was edited by: baker5801®
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Whoa

12

Feb 20, 2024, 3:28 PM
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Nilly

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Aspiring member of the TigerNet Sewer Dwellers


Re: Whoa


Feb 20, 2024, 4:19 PM
Reply

That is just an undercover name to promote the Trump sneakers for $399 a pair, and they are the worst looking sneakers that has ever been made in the history of footwear!!!

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Re: Whoa


Feb 20, 2024, 4:45 PM
Reply

And made in CHINA

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Let's go Brandon ****

1
2
Feb 20, 2024, 4:52 PM [ in reply to Re: Whoa ]
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Wrong board!***


Feb 20, 2024, 4:54 PM [ in reply to Re: Whoa ]
Reply



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Re: If you thought NIL was out of control

3
Feb 20, 2024, 3:47 PM
Reply

and everyone thought universities were taking advantage of these poor souls. LMAO. This will be real ugly; expect a whole new strain of lawyer commercials on tv soon.

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Why worry???

2
Feb 20, 2024, 4:04 PM
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Nothing could go wrong with this…..

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Sounds like the music industry model.


Feb 20, 2024, 5:19 PM
Reply

Works great for the stars, terrible for the garage bands that don't make it.

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Re: Sounds like the music industry model.


Feb 20, 2024, 8:32 PM
Reply

ClemKWA said:

Works great for the stars, terrible for the garage bands that don't make it.



Nah, garage bands that don't make it typically just get shelved and the music labels write it off as a loss.

Stars though...oooof back in the day those contracts were baaaaaaad. Even nowadays young talent can be signed to some bad deals like a 360 deal that can garnish cash from personal ventures.

However, sometimes a record deal can work for both sides but generally it will always favor the labels to recoup costs and make profits.

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Re: If you thought NIL was out of control

1
Feb 20, 2024, 5:35 PM
Reply

The thing that will bring NIL under control is when the financial sources realize how unpredictable the development of a high school star is. They're going to waste tens of millions figuring it out but they will one day.

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Re: If you thought NIL was out of control


Feb 20, 2024, 6:21 PM
Reply

Most of these kids have no idea how penalties, interest, taxes, payment plans, and debt collection work.

Just another NIL loan shark. SMH

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Re: If you thought NIL was out of control

1
Feb 20, 2024, 7:59 PM
Reply

A few years back, HBO did a special on a company that did something like this for draftable baseball and football players. They were paying them $500K and getting 25% of their contractsIt was later detemined to be "predatory". Although it's a new day and new views now.

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Re: If you thought NIL was out of control

1
Feb 20, 2024, 8:21 PM
Reply

https://www.google.com/url?sa=t&rct=j&q=&esrc=s&source=web&cd=&ved=2ahUKEwiN49qooruEAxX5LtAFHagbBdEQFnoECA0QAw&url=https%3A%2F%2Fwww.espn.com%2Fcollege-football%2Fstory%2F_%2Fid%2F38335229%2Fflorida-legislator-says-bears-dt-gervon-dexter-nil-deal-violated-law%23%3A~%3Atext%3DDexter%252C%2520a%2520second%252Dround%2520draft%2CGainesville%252C%2520Florida%252C%2520on%2520Friday.&usg=AOvVaw19ajXrAjvnMtUjLfF9vKqS&opi=89978449

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Replies: 13
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Tiger Boards - Clemson Football
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