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G League to offer $125K to elite prospects as alternative to one-and-done route
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<blockquote data-quote="sbillini" data-source="post: 1421265" data-attributes="member: 10496"><p> <ol> <li data-xf-list-type="ol">Not sure how it's "no cost." They're paying 10's if not 100's of millions for contracts with NCAA schools. Under Armor paid UCLA alone close to $19M last year for apparel rights. I think most of that is gonna stay there, but at least some will likely be diverted if they can get big name players to their own leagues. </li> <li data-xf-list-type="ol">And that's just for the legal stuff. As has been becoming increasingly apparent, there's likely millions going under the table as well, which can easily be diverted to (relatively) above-board deals. </li> <li data-xf-list-type="ol">As has been mentioned before, this companies are not looking to get deals with NCAA college players as much as they're looking to lock in future pro superstars early. This is essentially a venture capital type model - put a bit of money in a bunch of prospects and a couple should pay off big time. Any return you get in the meantime is a nice to have but not the main goal. </li> </ol></blockquote><p></p>
[QUOTE="sbillini, post: 1421265, member: 10496"] [LIST=1] [*]Not sure how it's "no cost." They're paying 10's if not 100's of millions for contracts with NCAA schools. Under Armor paid UCLA alone close to $19M last year for apparel rights. I think most of that is gonna stay there, but at least some will likely be diverted if they can get big name players to their own leagues. [*]And that's just for the legal stuff. As has been becoming increasingly apparent, there's likely millions going under the table as well, which can easily be diverted to (relatively) above-board deals. [*]As has been mentioned before, this companies are not looking to get deals with NCAA college players as much as they're looking to lock in future pro superstars early. This is essentially a venture capital type model - put a bit of money in a bunch of prospects and a couple should pay off big time. Any return you get in the meantime is a nice to have but not the main goal. [/LIST] [/QUOTE]
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G League to offer $125K to elite prospects as alternative to one-and-done route
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