Chaz's NIL

[mudhen]

So somebody please set me straight here. The word on the street is that we paid Chaz around 3.5 million. And I am hearing on here that the money is non-recoupable for ANY reason. This defies all common sense, as well as business sense. Using that logic, what is to stop a player from getting paid and claiming illness, mental or otherwise as a reason to leave?

 

[Pawleysvol]

Austin Price said he’s not making 3.5

 

[SayUWantAreVOLution]

So somebody please set me straight here. The word on the street is that we paid Chaz around 3.5 million. And I am hearing on here that the money is non-recoupable for ANY reason. This defies all common sense, as well as business sense. Using that logic, what is to stop a player from getting paid and claiming illness, mental or otherwise as a reason to leave?

Guaranteed contracts are quite normal for sports. Several guys that are benched continue to get top dollar.

 

[VOLfrombama]

If it’s all coming from spire, then he doesn’t get all of it at once . That would be paid to him over a year in increments. I don’t know what his deal was specifically so I don’t know that he’s getting all of it from spire. He could be getting some of that from different sources like Adidas etc

 

[Eastknox865]

He isn't getting 3.5 million

 

[mudhen]

Guaranteed contracts are quite normal for sports. Several guys that are benched continue to get top dollar.

On the Vols?

 

[SayUWantAreVOLution]

On the Vols?

It's a new world. College is transitioning to a pro model and NIL contracts are completely different from traditional "employment" contracts.

If his NIL was signing cards or whatever, he can do that anywhere and without playing. If it was appearing in certain shoes, he can do that without playing.

 

[Orange Navy]

I feel like this is a perfect Vol-thing. He plays 1/2 the year at UT and earns half his salary. Then he transfers to OSU and plays 1/2 a year, earning half of his salary from them. Each team gets his services for 1/2 of the year, unfortunately the 1/2 year we paid for there are no football games.

 

[ETSU VOL]

Question about NIL in general. Do they get their money as a lump sum or is it written in a way that they earn x amount throughout the year. For example so much for spring practice, summer workouts, fall camp and finally so much per game.

Seems like a bad deal to invest so much all upfront.

 

[VOLfrombama]

Question about NIL in general. Do they get their money as a lump sum or is it written in a way that they earn x amount throughout the year. For example so much for spring practice, summer workouts, fall camp and finally so much per game.

Seems like a bad deal to invest so much all upfront.

Spyre pays Throughout the year/Monthly payments.

 

[BoroVolFan]

Spyre pays Throughout the year/Monthly payments.

Correct

 

[Local Yokel]

Austin Price said he’s not making 3.5

Ok, let’s say he’s making 1.5. What’s the difference in what the OP stated?

 

[Local Yokel]

Spyre pays Throughout the year/Monthly payments.

And there Are absolutely behavioral and participatory clauses in NIL deals. Injury is really the only exception.

 

[WoodsmanVol]

I still blame the greedy Athlete Departments and Boosters for the NIL mess, but getting sick and soured by CFB because of it.
Quit watching pro football a few years ago when I got fed up with the mess there. Am dangerously close to the same decision with CFB.
Love the Vols, but it just isn't the same anymore. Used to b about team pride, now all about how much money you can milk from the school and pocket. Just not the same.

 

[Daddy pants]

Agree. It’s sad to watch devolve. The college administrators, TV execs, and conference officials have made a bet that market and demand will always be there….regardless of the quality of the product. We keep going and paying premium prices, so perhaps they’re right. However, I truly believe there is a deeper emotional component to college football support that is in jeopardy. Simply put, we don’t know these players and they don’t stick around long enough for us to develop any real tie. Over time, I believe that fervent market that will dwindle. The younger generation will be priced out. The kids growing up today will not be as attached because they will never develop the “bonds” with the players we did over the years. Say what you want about the NFL, but they spend millions each year analyzing their product and making sure it continues to be relevant. Making college sports so itinerant and transactional will weaken this product over time (as you say, it already has) and over time, people will lose interest.