and that has always been the case well before the transfer portal.
There are currently over 1,000 kids in the transfer portal. These are kids who walked away from full scholarships on the hope of getting an offer to play elsewhere.
I think there are basically two reasons for the sudden surge in the transfer portal. One is because of all the "super seniors" who were able to return for another year of eligibility following the COVID-impacted 2020 season. This issue will eventually resolve itself. The other reason is these kids can now transfer and play immediately without having to sit out a year.
So if a kid enters the transfer portal right now he can’t actually transfer until January but he will be eligible to play next fall and in the past he would have had to sit out a year until the following fall? And a kid that transfers over the summer can play right away that fall like Kendrick did.
Again just trying to understand the changes in the transfer rules. I keep reading posts that say they are eligible to play immediately and that’s what confused me.
Here’s the unintended consequence and these young people really need good counsel. What percentage are giving up the bird in the hand so to speak? Will never play again and lose the scholarship they have. Probably gonna be pretty high.
Its NIL. What used to be shady back room bagman deals to buy players off the portal is now perfectly within the rules and above board as long as the money is laundered through any company claiming to use the kid's likeness for advertising. That can pretty much be $500,000 for one poster in a gas station bathroom. This is NFL free agency without salary caps.