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Just basketball at this time, they decide, I assume it would be merit based. Rodney said that everything other than credit card fees will go back to the players. This is the way to get more of the money to them because you're not purchasing a product that has to go through another party.
You assume, because they haven't answered?
 

VCU Finance 2008

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You assume, because they haven't answered?
I haven't asked. That is the way everyone else does it so I assume that we would as well. Some players based on tenure and production will warrant more than the full scholarship that the department provides. Some do not at this time. Right now they don't have any money to do anything with. It just started less than a week ago.
 

MattRock

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I haven't asked. That is the way everyone else does it so I assume that we would as well. Some players based on tenure and production will warrant more than the full scholarship that the department provides. Some do not at this time. Right now they don't have any money to do anything with. It just started less than a week ago.
One example I was provided was if, for example, Ace was offered 200k in NIL from Maryland to transfer (through improper channels, though this is happening all over the place), this source of funding would be used to provide at least something as a means to counter-offer and keep Ace happy. Could we match 200k? Not even close, but at least something is better than nothing in that case.

I think they will need the flexibility to use the resources as needed, so defining on the website "each player will get X % of the fund" would not be beneficial for its purposes.
 
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One example I was provided was if, for example, Ace was offered 200k in NIL from Maryland to transfer (through improper channels, though this is happening all over the place), this source of funding would be used to provide at least something as a means to counter-offer and keep Ace happy. Could we match 200k? Not even close, but at least something is better than nothing in that case.

I think they will need the flexibility to use the resources as needed, so defining on the website "each player will get X % of the fund" would not be beneficial for its purposes.
Ok, lets say MD offers 200k, and we can only scratch up 50k.
Ace says thanks but no thanks.
Bye!
So then this group would keep the 50k or would they refund it to donors?
 

t23e3

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When is this site going to accept memberships? It's non-functional atm
 
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It might but it was not an NCAA decision. They were happy to keep all of this under the table.
A great deal of truth there.

Some of the logic behind the NIL, was to bring it out in the open. Some mentioned other degrees that students can make money while in school not being fair to athletes. Athletes work hard and spend hours and hours in their sports. I worked full and part time while at VCU. I understand time constraints. And people need sleep, too lol
But, I don't see any school promoting a NIL style program, let's say, Arts, for the musicians, artists, dancers, all three require a large time commitments from students.

I think it's great Rodney & Co are willing to devote time and effort wading into and through this muddy mess of NIL. I truly believe they care about the student athletes and VCU. As has been mentioned, there are other options. Ramaholic brought up some good ideas. I learned a long time ago the K.I.S.S system tends to work out best.
 
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Ok, lets say MD offers 200k, and we can only scratch up 50k.
Ace says thanks but no thanks.
Bye!
pretty much defines pay to play, wink-wink, the NCAA says it's trying to fix, wink-wink.

Like I said, I'm learning about NIL reading here. Thanks to all.
As of now, I'm in a wait and see mode.
 
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Literally hearing schools going behind the backs of other schools essentially tampering with teams makes me honestly start to want the whole NIL and honestly NCAA thing to crash and burn nuclear style. In any other sport tampering would result in massive penalties. If and when it does all blow up and college sports die we’ll all point to this BS when players and such complain about the end of it.

If I led the NCAA I would be ruthless with this garbage. You tamper with players at another school you are banned from postseason for 5 year all sports. GFY. Do it again? Banned for 10 years all sports and you lose scholarships. GFY 2x.
 
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Ramaholic

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A great deal of truth there.

Some of the logic behind the NIL, was to bring it out in the open. Some mentioned other degrees that students can make money while in school not being fair to athletes. Athletes work hard and spend hours and hours in their sports. I worked full and part time while at VCU. I understand time constraints. And people need sleep, too lol
But, I don't see any school promoting a NIL style program, let's say, Arts, for the musicians, artists, dancers, all three require a large time commitments from students.

I think it's great Rodney & Co are willing to devote time and effort wading into and through this muddy mess of NIL. I truly believe they care about the student athletes and VCU. As has been mentioned, there are other options. Ramaholic brought up some good ideas. I learned a long time ago the K.I.S.S system tends to work out best.
Athletes can still work just like other students. In fact, most of the college athletes I knew all worked (except for the basketball players). And we all practiced the same approximate amount of hours. A big difference was that all the other sports didnt have any people paying to watch them play. so in a way, the MBB players are in a different category than the other student athletes. I wish the NCAA would set a modest salary cap for NCAA sports -maybe 10% of gate revenue and NCAA earnings can go to the student athletes in that sport.
 

VCU Finance 2008

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Just out of curiosity is there anything that prevents coaches from contributing to these collectives? Has that come up anywhere?
 
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Literally hearing schools going behind the backs of other schools essentially tampering with teams makes me honestly start to want the whole NIL and honestly NCAA thing to crash and burn nuclear style. In any other sport tampering would result in massive penalties. If and when it does all blow up and college sports die we’ll all point to this BS when players and such complain about the end of it.

If I led the NCAA I would be ruthless with this garbage. You tamper with players at another school you are banned from postseason for 5 year all sports. GFY. Do it again? Banned for 10 years all sports and you lose scholarships. GFY 2x.
I'm with you. This NIL model puts mid-majors at a huge disadvantage.
 

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I saw some news traffic saying that the NCAA (and/or that separate entity set up for investigation and enforcement) issued new guidance saying that when they request documentation and cooperation with an inquiry, there will be a presumption that failure to produce/cooperate may be held as evidence of guilt. That kind of hammer could cool down some of the more egregious behavior.
 

SteveMM

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I saw some news traffic saying that the NCAA (and/or that separate entity set up for investigation and enforcement) issued new guidance saying that when they request documentation and cooperation with an inquiry, there will be a presumption that failure to produce/cooperate may be held as evidence of guilt. That kind of hammer could cool down some of the more egregious behavior.
I hope that when they look at these deals some kids are getting, that they ask themselves, "What is the typical value for the things that this student-athlete is supposedly doing to earn the money he/she is being given?" NIL, we all know, is SUPPOSED to allow kids to make money off of their faces and names. Player X, a basketball player at a large P5 conference, may be making $500K. What the heck is he doing for all of that money? An occasional appearance? Maybe a single commercial? Anything at all? That money isn't supposed to be compensation for playing the sport. That's what the scholarship is for. The extra money is supposed to be for the extra work of endorsing, etc. What ticks me off to my core is that schools have decided the new NIL rules are just a way to pay players for coming to their school, and the NCAA isn't doing anything about it.
 
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