Funny tweet on NIL

[Stan]

 

[Bob_Loblaw]

One of my clients hired an AI consultant for $1.8M to download Co-pilot and do 3 trainings on basic AI (co-pilot, using internal open AI, etc.). My point? With Capitalism you're free to make terrible decisions too.

 

[minnyrules11]

It’s not nil but pay for play with the majority. It’s a giant waste all so you can buy your Alma mater a title. Wish they would get rid of scholarships then and just make it minor league and leave it up to the individual if they want to go to class.

If they are marketable great. Jersey sales, promoting a product or appear in fast food commercials like Caleb Williams makes sense.

 

[GopherGrit]

This goes right back to the point I was making in the other thread.

What possible value is there in donating to NIL?

- you aren't an "owner" of the team, there is no such thing in college
- you money vaporizes into thin air at the end of the season
- zero tangible ROI

Absolutely not sustainable long term, and the collectives all need to be shut down and abolished.


There's a clear and obvious reason why there is no such thing in NFL or other professional sports ... I'm talking about fans, boosters donating their own personal money to players. Not talking about actual, bona fide endorsement deals.

 

[Gold Vision]

This goes right back to the point I was making in the other thread.

What possible value is there in donating to NIL?

- you aren't an "owner" of the team, there is no such thing in college
- you money vaporizes into thin air at the end of the season
- zero tangible ROI

Absolutely not sustainable long term, and the collectives all need to be shut down and abolished.


There's a clear and obvious reason why there is no such thing in NFL or other professional sports ... I'm talking about fans, boosters donating their own personal money to players. Not talking about actual, bona fide endorsement deals.

It’s because what you’re describing, and what’s going on in practice, isn’t NIL. These “donations” are pay for play with no real deliverables attached.

If NIL were truly regulated to the original intent, every sponsorship and endorsement would be tied to a fair market deliverable for the product, service, or appearance. Quid pro quo arrangements.

What’s allowed vs. not allowed​

Allowed when all are true:​

• You are paid specifically for use of your NIL, such as ads, posts or appearances
• The deal has a valid business purpose tied to a real product, service or event offered to the public
• Compensation is within a reasonable range for people with similar fame or influence
• You may use an agent or marketing professional for NIL activities

Not allowed:​

• Pay with no required promotional activity or deliverables
• Agreements that say your NIL will be used later with no defined plan
• Pay-for-play, including payment to attend or compete for a specific school or compensation for athletics participation or achievement
• Compensation outside a reasonable range for similar deals

 

[scalgopher]

Cheapies are losers that love to bitch!