Illinois Football Recruiting Thread

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#51      
skyIdub
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#54      
hawiian_mike
Saturday afternoon, after Illinois plays WIU Nasir Rankin and Will Vala will face off against each other at Morgan Park. This game should be a little more exciting to watch. Not sure if this game will be broadcast, most DGN homes are live on youtube. Only 18 days until the season starts!
 
#55      
Mr. Tibbs
hawiian_mike said:
Saturday afternoon, after Illinois plays WIU Nasir Rankin and Will Vala will face off against each other at Morgan Park. This game should be a little more exciting to watch. Not sure if this game will be broadcast, most DGN homes are live on youtube. Only 18 days until the season starts!
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does Morgan Park play their home games at Gately ?
 
#61      
IllinoisssssssVarsity
TentakilRex said:
Outside our neighborhood, a new 80s SMU arrived

https://twitter.com/x/status/1953540991123959866

Texas Tech is funded by oil billionaire Cody Campbell. I don't know if Tech will succeed, but some of the Big 12 Texas schools and SMU are willing to spend.
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They say the NIL deals are gonna be studied to see if they’re going over market value etc. But how hard is it to say the top guys got $X last year, that’s where the market has been set for years for a top guy, we’re just adding a little more for inflation.
 
#62      
mhuml32
IllinoisssssssVarsity said:
They say the NIL deals are gonna be studied to see if they’re going over market value etc. But how hard is it to say the top guys got $X last year, that’s where the market has been set for years for a top guy, we’re just adding a little more for inflation.
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"Market value" is the problem that doesn't go away. If the market is supposed to set the value for product and services, how can someone go over market value? If there is a three-star offensive guard in the Chicago suburbs that Texas Tech is willing to pay $2 million/year, then that's the market value for that player.
 
#64      
BretMyBeachHouse
mhuml32 said:
"Market value" is the problem that doesn't go away. If the market is supposed to set the value for product and services, how can someone go over market value? If there is a three-star offensive guard in the Chicago suburbs that Texas Tech is willing to pay $2 million/year, then that's the market value for that player.
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There are two market values. One is for the service of players. The other is for their name, image, and likeness.

The courts ruled that the second could not be restricted by the NCAA. However, their first market value remained restricted.

So schools and associated groups decided they would get around the first market restriction by grossly overpaying for the name, image, and likeness market. There are very few people whose name, image, and likeness is worth even the amount of money being tossed at midlevel players.
 
#65      
RabidDawgClassic
BretMyBeachHouse said:
There are two market values. One is for the service of players. The other is for their name, image, and likeness.

The courts ruled that the second could not be restricted by the NCAA. However, their first market value remained restricted.

So schools and associated groups decided they would get around the first market restriction by grossly overpaying for the name, image, and likeness market. There are very few people whose name, image, and likeness is worth even the amount of money being tossed at midlevel players.
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By definition, however, what someone is willing to pay is the player’s fair market value. Doesn’t matter if it’s a wise decision or not.
 
#68      
Calvin
BretMyBeachHouse said:
There are two market values. One is for the service of players. The other is for their name, image, and likeness.

The courts ruled that the second could not be restricted by the NCAA. However, their first market value remained restricted.

So schools and associated groups decided they would get around the first market restriction by grossly overpaying for the name, image, and likeness market. There are very few people whose name, image, and likeness is worth even the amount of money being tossed at midlevel players.
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I think we already saw round 1 of this fight, and the NCAA backed off when their interpretation of valid business purpose was almost immediately challenged. I don't think the NCAA / CSC is going to have any success pursuing it in that way. Not sure why they tried to get involved in that in the first place --seemed destined to fail.
 
#69      
BretMyBeachHouse
RabidDawgClassic said:
By definition, however, what someone is willing to pay is the player’s fair market value. Doesn’t matter if it’s a wise decision or not.
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Once again, there are two market values and there is definitely a definition of fair that enters into these things.

For corporations this could come into play for taxes.

For individuals it comes into play on inheritance tax issues.

I don't know how it will play out. My only point was to make the distinction between the two services being paid for.
 
#73      
RabidDawgClassic
BretMyBeachHouse said:
Once again, there are two market values and there is definitely a definition of fair that enters into these things.

For corporations this could come into play for taxes.

For individuals it comes into play on inheritance tax issues.

I don't know how it will play out. My only point was to make the distinction between the two services being paid for.
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We already saw this play out in the first go round. NIL was not supposed to be pay-for-play (wink wink). It was disguised poorly, but effectively.

This next go round is shaping up to be the same. Someone is going to offer an outrageous amount for a player (his NIL, not to be a player, wink wink), Deloitte will say no, the player will take it to court and the court will say it’s not up to the discretion of a third party to determine the value of a player’s NIL (wink wink). We’ll have the same Wild West system we’ve had the last few years, with the only difference being the players also get a small slice of the revenue as a cherry on top.
 
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