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Replies: 18
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Orange Blooded [2987]
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Different take on NIL consequences, still not pretty! Get ready for transfers
Jul 9, 2021, 1:35 AM
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Sorry long, but a lot of it ties together.
Doing a lot of homework, reading and looking for positives in the current NIL situation and I continue to find a ton of negatives and very few positives for the future of college sports.
Quick numbers for perspective based on D1 football and values to school of star power and expenses. Just FYI: avg D1 annual football revenue was $29.8mil (P5 more, G5 close and others Less)
Average D1 school a 5* is valued at $650k but that number drops substantially if it's Bama, UGA, OSU due to so many on schollie and can drop to $200-250k
4* value to school is $355k
3* value to school is $155k
D1 football schollie value avg = $178k annually
Includes: tuition, books, housing, furniture, food, tudors, healthcare, surgeries, clothing(athletic, casual and business), training, entertainment, stipend average of $440/mo, etc., all untaxed income. People don't realize the amount of money these players are currently making. Most don't even know they get $309-500+ money monthly stipend to spend however they like. They also don't realize they get paid for working summer camps and other events.
Now add NIL considerations and opening guesses are players making between $6-30k annual for averages and some players potentially making millions on top of what is already given them.
So transfers increase internally due to: 2nd and 3rd string players leaving Clemson for large market schools to not only start as player but to build their brand with larger populations such as a Louisville, GT, Memphis, UCF Orlando, Cincinnati, etc.
Transfers happen due to NIL offers (basically recruiting players by fans) to other universities. Nothing stops a business to reach out to players with incentives.
One positive that I came across mentioned the fact that junior or even RS juniors may elect to stay at their school if they have an established brand but get a low draft grade. Stay at school where they have income trying to increase draft status.
But there was the suggestions that players that are not draftable actually looking for Redshirt years in the middle of their schollie after being brand established and looking to add their 5th yr of eligibility just to milk the system even though they are not a starter or draftable.
Unfortunately, I don't find myself in favor of this current fiasco. I wish the NCAA would have established a better controlled system. Im not opposed to players making some income while working hard but I am opposed to unlimited methods of corrupting college sports and it's only in the first week. We see the Miami $500 per month per player contract, we lose a 5star player in the final 5hrs once again due to monetary transactions. Zero limits have "Zero recruiting $$$ Limits"!! I think it's a sad era for college football.
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110%er [5388]
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Re: Different take on NIL consequences, still not pretty! Get ready for transfers
Jul 9, 2021, 6:35 AM
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Jeremiah Alexander flipping is just the beginning. I believe we will see more recruits across the country flipping before signing day. Also, roster management is going to be a nightmare. The NCAA needs to immediately implement the rule that transfers have to sit out a year before playing. The Pros have rules with salary caps and draft picks. College football is currently in a Wild West state with no rules and do your best to survive. It is time for the IRS to step in and start taxing the scholarship and benefits. No where else can you get all of those benefits for free. Tell the players that the minute they take a dime for NIL, they owe taxes on what the school provides them. The players that will make a lot of money will gladly pay the taxes. Most will not.
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Letterman [284]
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Re: Different take on NIL consequences, still not pretty! Get ready for transfers
Jul 9, 2021, 7:30 AM
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Oh trust me… there is a member of Congress already working on a plan to tax all this stuff. Our government hasn’t met a tax it didn’t like! They are salivating at the chance to get tax revenue from all these college athletes living tax free.
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Orange Blooded [4545]
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Re: Different take on NIL consequences, still not pretty! Get ready for transfers
Jul 9, 2021, 9:08 AM
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It is already fully taxable. Compensation for NIL is income, subject to income tax. The big question is whether states will apply their "jock taxes" to these kids. The scholarships etc. may still be exempt, but that could change if they are ever deemed to be employees. At which point they will undoubtedly be considered to be professional athletes and subject to the state-by-state jock taxes AND all their scholarships, food, medical, housing, clothes, etc. all become taxable fringe benefits.
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Recruit [91]
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Re: Different take on NIL consequences, still not pretty! Get ready for transfers
Jul 9, 2021, 8:31 AM
[ in reply to Re: Different take on NIL consequences, still not pretty! Get ready for transfers ] |
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Only the amounts for tuition, fees, and books are non-taxable. Qualified educational expenses only, and only if you don’t have to provide any services as a condition. Room and board, stipends, tutoring, etc. are taxable. Even the portion of a Pell grant not used for qualified expenses is taxable.
The law changed in 1987. You are grandfathered if the scholarship/fellowship was awarded prior to that. There was a lot of confusion about it then, some paying and some not. We blamed Reagan for it, along with damaging the NSF that provided a lot of the fellowship money to funnel money to private interests instead.
See Pub 970. They made a worksheet for it at some point, but you still have to write SCH and the amounts beside the entry.
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Scout Team [183]
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Re: Different take on NIL consequences, still not pretty! Get ready for transfers
Jul 9, 2021, 8:34 AM
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Can supporters of a university, Clemson or elsewhere, form a corporation or llc or something similar
in which alumni and fans can donate money to sponsor/pay players like
the guy giving $500 month to Miami University football players?
I can see organizations like this forming at most major universities.
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CU Guru [1148]
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Re: Different take on NIL consequences, still not pretty! Get ready for transfers
Jul 9, 2021, 9:27 AM
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My thought also. Why couldn’t they be paid to represent “The Clemson Family”. (Kind of hokie) but just an idea. Make for some good commercials during games
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All-Pro [654]
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Re: Different take on NIL consequences, still not pretty! Get ready for transfers
Jul 9, 2021, 10:08 AM
[ in reply to Re: Different take on NIL consequences, still not pretty! Get ready for transfers ] |
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Sortof.
First, the Miami MMA gym isn't just giving every player $500, but only the ones who do actively help promote the gym on social media, i.e., it's not just free money, even if it's easy. It's also not in effect or necessarily going to be approved, FWIW.
But to answer your question, yes, we can do that here, too. And we're surrounded by businesses that might like to do something similar.
Make no mistake, CLEMSON is a major university, too, & in a vastly better market region than most.
Don't sleep on the people & businesses who have made IPTAY the most successful funding arm in college sports for decades.
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110%er [5072]
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Re: Different take on NIL consequences, still not pretty! Get ready for transfers
Jul 9, 2021, 1:14 PM
[ in reply to Re: Different take on NIL consequences, still not pretty! Get ready for transfers ] |
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We should get Tigernet to pay for player sponsorship. We could all raise money on here. Tigernet could have the players advertise the site on social media, and could even pay some of the players to come over for chat sessions every so often.
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Orange Blooded [2759]
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I'm not worried about kids already on campus
Jul 9, 2021, 9:55 AM
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Dabo will take a hard line approach to guys who care more about their brand than the Paw. Those kinds of kids aren't Clemson material anyways. Their value is based entirely on their ability to perform on the field, and if that suffers in any way, their NIL value suffers as well. Problem fixes itself.
Transfers is a good debate topic. I tend to think that when a player transfers, he takes a huge risk of tanking his value. How many guys do we see transfer and then not really do anything? Justin Fields and Joe Burrow are exceptions, and also QBs. What's the percentage of guys that have been successful after transferring out of Clemson? The kinds of guys that transfer for money are the furthest thing from Clemson men possible, and I don't want em.
Recruiting is the one area where I'm very concerned. The NCAA hasn't said jack squat to convince me that recruits can't be bought now. Schools need to be threatened with harsh, scholarship/post-season limiting sanctions if they are discovered buying recruits, and that needs to include if a local business does it as well. The message needs to be the same whether you're a booster or work in an AD: buy a recruit, risk scholarships for your school.
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All-Pro [654]
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Clemson isn't done
Dec 5, 2021, 10:41 AM
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I wish I could do more to help more Clemson fans see more than only the potential doom at Clemson.
It still seems to me the evidence is vastly in Clemson's favor, but the speculation is exactly the opposite & we have virtually no chance to compete in the NIL world.
Bottom line, Clemson has doubled-down on NIL from a university standpoint, and more than any other school to-date. Frankly, it's not even close.
I'm not saying you're wrong, just feel like it's important to suggest Clemson could help define the NIL era rather than will get buried by it.
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All-Pro [654]
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Re: Different take on NIL consequences, still not pretty! Get ready for transfers
Jul 9, 2021, 10:02 AM
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we lose a 5star player in the final 5hrs once again due to monetary transactions.
You're suggesting we lost an Alabama guy with a Bama lean to... NIL money exclusively? Why? I mean, he certainly didn't say that yesterday from what I can tell & I haven't seen any deals for him.
Did he get a deal, & if so, can you elaborate on it?
From what I did hear from him yesterday he was always going to Alabama but "wanted to see what was out there." If, instead, it came down to a new NIL deal at Alabama with one of their supporters, I haven't found it but I'm incredibly curious. Let us know.
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Orange Blooded [2987]
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Re: Different take on NIL consequences, still not pretty! Get ready for transfers
Jul 9, 2021, 1:05 PM
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There is an article from Alabama sports writer that said a booster promised to purchase a minimum of $500k annually of JH merchandise to sell in their stores with hopes of purchasing more. I don't know what percentages are in kickbacks to JH from those purchases but you can guarantee it wasn't peanuts. But this transpired after the immediate implementation by NCAA of the NIL. The writer said JH was coming to Clemson until the booster made that agreement with JH and his family.
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Orange Blooded [2987]
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Re: Different take on NIL consequences, still not pretty! Get ready for transfers
Jul 9, 2021, 1:38 PM
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ColorGrey, Sorry, not sure why I typed "JH", I think because I started to type his name Jeramiah Alexander and realized how long his name was but JA is who I was referring too.
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All-Pro [654]
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Re: Different take on NIL consequences, still not pretty! Get ready for transfers
Jul 11, 2021, 11:56 AM
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No worries! I know what you meant.
Link to the article?
It's one of the very few NIL rules the NCAA has, FWIW, so now I'm legitimately curious.
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Recruit [91]
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All-Pro [686]
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Re: Different take on NIL consequences, still not pretty! Get ready for transfers
Jul 10, 2021, 3:13 AM
[ in reply to Re: Different take on NIL consequences, still not pretty! Get ready for transfers ] |
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Can you please post that link?
I think this kid did made the safest choice in picking Alabama, but realized he committed too early. He wanted more visits mostly for the experience and attention, which I do understand, but he probably always knew he would recommit.
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1st Rounder [612]
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Re: Different take on NIL consequences, still not pretty! Get ready for transfers
Jul 10, 2021, 1:26 AM
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Just asking- but was not Jeramiah Alexander committed to Bama in the first place? wanted to see the world.
18-20 year kids mostly have a hard time deciding what to have for lunch. He has gone to Bama, we move on- we will see him again in Natty and can see if we did miss out on a great player. He if did get the endorsement deal, I am not sure if I would want him playing for Clemson in the first place.
What happens when he gets benched and starts to loose that money? The coaches were mean, I am the best player on that team -just don't see good things coming from it. Just my opinion and we all know what they are like.
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Walk-On [114]
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Re: Different take on NIL consequences, still not pretty! Get ready for transfers
Jul 10, 2021, 9:02 AM
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I guess you are right no one out side of little ol Clemson even knows who we are. It’s not like we could go across the country to say California to get a recruit. We just can’t compete with the big boys.
I believe that considering our board and athletic department have been ahead of the curve on facility and player enrichment for the past ten plus years they will also dominate in this situation. Have a little faith in the administration and coaching staff. Losing an Alabama player to Alabama is not a sign of poor recruiting situation. Our transfers to this point have damaged their careers by leaving and the ones who have stayed like say Cornell Powell are now in the league. I believe I could sell this school to recruits with no problem.
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