Jump to content
Steven A

Holy Crap, a New Set of Vultures Enters the NIL Zoo

Recommended Posts

Talk about the ability to prey on disadvantaged athletes and their families.

 

WWW.ESPN.COM

A new company is offering college athletes upfront cash in exchange for a portion of their name, image and likeness deals, an arrangement some consumer protection experts and financial...

 

  • Wow 1
Link to post
Share on other sites

Not good, but bound to happen. The wizards of "financial engineering" always figure out how to take advantage of someone's situation. Like taking out a reverse mortgage or selling your life insurance policy.

Link to post
Share on other sites

On 10/11/2024 at 3:05 PM, Steven A said:

Talk about the ability to prey on disadvantaged athletes and their families.

 

WWW.ESPN.COM

A new company is offering college athletes upfront cash in exchange for a portion of their name, image and likeness deals, an arrangement some consumer protection experts and financial...

 

 

 

This is not going to end well...

  • Thumbs Up 2
Link to post
Share on other sites

It's like a payday loan.  Fair game I guess, and just a matter of time before investors try to capitalize on this NIL craze.   I wouldn't say it's necessarily bad.  If you need the $ today, this can work out.   Plus they bare some risk in case the kid flames out and doesn't perform down the road.

Edited by DuckFan93
Link to post
Share on other sites

 

Yesterday, The Alliance, er, the Power 2 Advisory Committee told all of these venture capitalists, and other shysters to take a hike. 

 

If a school needs 'THIS' it is not, despite what the B12 Commish has to say, a Super Conference candidate. If you can't ante up you will not get a seat at the B1G Boys table. 

  • Wow 1
  • Thumbs Up 1
Link to post
Share on other sites

 

Telling It Like It Is.

 

 

SPORTS.YAHOO.COM

The SEC and Big Ten's brass held meetings Thursday to discuss the future format of the CFP, football and basketball scheduling arrangements and a post-House settlement way to govern...

Link to post
Share on other sites

On 10/11/2024 at 7:01 PM, Jon Joseph said:

 

Telling It Like It Is.

 

 

SPORTS.YAHOO.COM

The SEC and Big Ten's brass held meetings Thursday to discuss the future format of the CFP, football and basketball scheduling arrangements and a post-House settlement way to govern...

 

 

The B1G and SEC meeting was a warning shot and reminder to the NCAA, playoff selection committee, private equity and everyone else of who is really in charge of college sports.

Edited by OregonDucks
  • Thumbs Up 1
Link to post
Share on other sites

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now


×
×
  • Create New...
Top