TentakilRex
- Land O Insects between Quincy-Macomb-Jacksonville
OU is a sinking ship. They were completely unprepared with the fundraising and NIL that it takes to compete in the SEC and are now scrambling. Their AD could retire any day and Venables could be gone next year even with a $35 million buyout. Makes sense to hit the ejector button while he can to go work for his other mentor
I assume Lucas was offered compensation to play for Wisconsin for a specified period of time. If he wants to leave, fine. Just prorate the value of the agreement, pay the man his money and move on. If he wants it all, I'd dig in my heals too.Xavier Lucas thing is one of those "truth is somewhere in between the lines" things I feel like...
Sounds like he got a bag but wanted to play elsewhere while keeping the bag. But if you're Wisconsin why aren't you just letting him go at the point. I feel like they would have its not like other transfers haven't left... and it does your program no favors to get a bad reputation.
I definitely feel like there's more going on here. Something to kind of keep on an eye on if it could affect the sport depending on how it plays out.
Can't do this, as pay-for-play is prohibited.I assume Lucas was offered compensation to play for Wisconsin for a specified period of time. If he wants to leave, fine. Just prorate the value of the agreement, pay the man his money and move on. If he wants it all, I'd dig in my heals too.
but “pay per time” is allowed . I’m fairly certain these arrangements allow for multi season contracts that pay out over months /seasons/timeCan't do this, as pay-for-play is prohibited.
We are trying very hard to keep the system as dysfunctional as possible. Your cooperation is both expected and appreciated.I have a hard time understanding why NIL is paid in lump sum and not over a period of 6 or 9 months
I have a hard time understanding why NIL is paid in lump sum and not over a period of 6 or 9 months
uhh, I have a REAL HARD TIME thinking these contracts aren’t reduced to a formally written understanding . they are taxable income to the player and a business expense to the companies paying it .Just a guess, but since it can’t be considered pay-for-play, then the player can’t get the deal in writing. And if you can’t get the deal in writing then you need to get the money up front.
The gray area is that there is a verbal agreement on compensation and many teams/programs convince (against their legal benefits) them to take their word for it. If the school/booster follows through a makes a payment for the player, then many of them draft a contract then, player signs, and payment is made.
The schools doing things "right" are making sure their collective and various stakeholders are getting everything agreed-upon up front with terms and payment schedules with contractual protections provided to both parties.
Many collectives/groups/schools/etc. are getting smarter in spreading payments out over a period of time with the simple obligation that the athlete is enrolled at the school and eligible to pay for said team. There are more nuanced details than this but this is the simple approach.
The challenge for teams is who blinks when the athlete asks for a large or whole payment in year one, increasing the risk for the school that the athlete could leave after that year and collect from another school while still getting the full payment. The school can say no, but another school may be willing to meet the price, therefore the only way you can secure that recruit is caving to their demands.
If it were a Pizza Hut parking lot instead of Taco Bell, Daddy Brad would walk away with all the damn bags!!!uhh, I have a REAL HARD TIME thinking these contracts aren’t reduced to a formally written understanding . they are taxable income to the player and a business expense to the companies paying it .
it’s not a bag of cash exchanged in a Taco Bell parking lot
Yes but my understanding is that it also can't be contingent on playing for a certain team or attending a certain school. If that's the case, transferring would not put him in breach of any agreement.but “pay per time” is allowed . I’m fairly certain these arrangements allow for multi season contracts that pay out over months /seasons/time
what is for then ????Yes but my understanding is that it also can't be contingent on playing for a certain team or attending a certain school. If that's the case, transferring would not put him in breach of any agreement.
It's supposed to be for Name, Image, and Likeness. Is that how it's used in practice? No, of course not. But that's what the rules are set up for.what is for then ????
it can’t be contingent on playing time - that is it’s not variable in amount if you play a litke or a lot , but 100% it’s based on playing for team X
Icon isn’t paying these guys to quit after 3 weeks and go play for Michigan St