Jaden Rashada (Florida Signee) requesting NLI release

If this report is true, FL probably came to its senses after way over offering this kid. $13M?!?!?

Thirteen Million Dollars?

Report reveals the amount a 5-star recruit was going to be paid to sign with Florida

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The problem becomes when a kid signs with School A premised on a certain dollar amount of NIL, and then rival school B reaches out to the kid or his agent and offers him 20 % more. Then the kid (or his agent) goes back to A and says I'm not signing/staying unless you beat B.

No stability at all one year to the next, just annual free agency.
Why make out like the schools are the victims here? They’ve had all the power for years and have kept all the $ for themselves. Paid coaches outrageous sums but the athletes got little to nothing beyond a scholarship. Now the schools are crying to the media and trying to get the NCAA to pass new rules to once again restrict the players. Make your pitch to a recruit and if he goes elsewhere so be it. Find anther recruit or make a better offer - this is what the rest of the world has been doing all along.
 
Why make out like the schools are the victims here? They’ve had all the power for years and have kept all the $ for themselves. Paid coaches outrageous sums but the athletes got little to nothing beyond a scholarship. Now the schools are crying to the media and trying to get the NCAA to pass new rules to once again restrict the players. Make your pitch to a recruit and if he goes elsewhere so be it. Find anther recruit or make a better offer - this is what the rest of the world has been doing all along.
“Athletes got got letter to nothing beyond a scholarship”. I love when people say that. What is that worth at UT? Tuition, room, best food money can buy, tutors, healthcare. On top of that the ones that are “poor” qualified for Pell Grants. Depending on where you go this can be 6 figures. Even at UT as an in-state student that value is over $40,000 not including Pell Grant money. They also get great training to give the NFL a try. If not they get a free college education, etc.
 
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The problem becomes when a kid signs with School A premised on a certain dollar amount of NIL, and then rival school B reaches out to the kid or his agent and offers him 20 % more. Then the kid (or his agent) goes back to A and says I'm not signing/staying unless you beat B.

No stability at all one year to the next, just annual free agency.

So like normal adult life?????
 
“Athletes got got letter to nothing beyond a scholarship”. I love when people say that. What is that worth at UT? Tuition, room, best food money can buy, tutors, healthcare. On top of that the ones that are “poor” qualified for Pell Grants. Depending on where you go this can be 6 figures. Even at UT as an in-state student that value is over $40,000 not including Pell Grant money. They also get great training to give the NFL a try. If not they get a free college education, etc.
Bro thats pocket change compared to what literally everyone else is profiting off these kids. Billions of dollars are being exchanged between TV networks and conference executives who do nothing but sit in their office all day. That’s not even mentioning how much the university makes off of attendance and out of conference games.

Texas an and m payed App st 1.5 million dollars to come down and beat them. Those kids should get a cut of that. They’re the ones responsible.
 
“Athletes got got letter to nothing beyond a scholarship”. I love when people say that. What is that worth at UT? Tuition, room, best food money can buy, tutors, healthcare. On top of that the ones that are “poor” qualified for Pell Grants. Depending on where you go this can be 6 figures. Even at UT as an in-state student that value is over $40,000 not including Pell Grant money. They also get great training to give the NFL a try. If not they get a free college education, etc.
Isn't this "the scholarship is enough" argument disproven by exactly what's happening with NIL?

You may think it's enough but the market for some players clearly says otherwise. The scholarship and education benefits aren't enough because schools are lining up to pay some guys millions more than that.

It's an old, useless argument to say "the players get plenty from the school." Obviously not according to the market.
 
“Athletes got got letter to nothing beyond a scholarship”. I love when people say that. What is that worth at UT? Tuition, room, best food money can buy, tutors, healthcare. On top of that the ones that are “poor” qualified for Pell Grants. Depending on where you go this can be 6 figures. Even at UT as an in-state student that value is over $40,000 not including Pell Grant money. They also get great training to give the NFL a try. If not they get a free college education, etc.

Some, not all…
 
Isn't this "the scholarship is enough" argument disproven by exactly what's happening with NIL?

You may think it's enough but the market for some players clearly says otherwise. The scholarship and education benefits aren't enough because schools are lining up to pay some guys millions more than that.

It's an old, useless argument to say "the players get plenty from the school." Obviously not according to the market.

Quality.
 
Why make out like the schools are the victims here? They’ve had all the power for years and have kept all the $ for themselves. Paid coaches outrageous sums but the athletes got little to nothing beyond a scholarship. Now the schools are crying to the media and trying to get the NCAA to pass new rules to once again restrict the players. Make your pitch to a recruit and if he goes elsewhere so be it. Find anther recruit or make a better offer - this is what the rest of the world has been doing all along.

Not to belittle your points but they are getting a BIG cut/payment via that scholarship but I am still for NIL.

For those that dismiss what the kids are getting and I realize there are very few out of the 85 that really demand a huge NIL. Also most of these kids are Out of State and would have to pay Out of State tuition.

Just so everyone understands what this little cut they get with that “minimal” scholarship is worth let me tell you. With 2 kids at UT from out of State, I know very well the cost. The Out of State value/cost of tuition is approximately $180k(Tuition/room/board only, no books no incidental expenses) for 4 years AND more if you are there longer than 4 (redshirt, etc..). This is not an estimate. Both my kids have $60K scholarships for 4 years. They were pretty high GPA and SAT score earners to get that 60K so not what most out of state kids get. It is costing $120K out of pocket a kid for their 4 years…

More than chump change for a lot of these kids that might not get a big college degree any other way.
 
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“Athletes got got letter to nothing beyond a scholarship”. I love when people say that. What is that worth at UT? Tuition, room, best food money can buy, tutors, healthcare. On top of that the ones that are “poor” qualified for Pell Grants. Depending on where you go this can be 6 figures. Even at UT as an in-state student that value is over $40,000 not including Pell Grant money. They also get great training to give the NFL a try. If not they get a free college education, etc.
It doesnt matter what the scholarship is worth. What matters is what these kids can get for their name image and likeness. The free market is the free market.

I still think the athletes value will plummet here in 5 years once everyone adjusts. But they will still be paid what they can get.
 
A scholarship is not nothing. That needs to be taken into perspective for guys that we never hear anything from, that contribute on a daily basis. But guys like Hooker and several others, they should be compensated for excelling, if there is a demand for their excellence. I personally think that this is no different from anything else that drives the economy for what they contribute to the free market. If I would somehow coherently come up with a great idea, or figure out how to benefit from becoming a TikTok star, I would be adequately compensated. This is no different.
 
“Athletes got got letter to nothing beyond a scholarship”. I love when people say that. What is that worth at UT? Tuition, room, best food money can buy, tutors, healthcare. On top of that the ones that are “poor” qualified for Pell Grants. Depending on where you go this can be 6 figures. Even at UT as an in-state student that value is over $40,000 not including Pell Grant money. They also get great training to give the NFL a try. If not they get a free college education, etc.
So your coach gets $10 million a year to stand on the sideline and you get the equivalent of $40 thousand to get beat to death and expose yourself to TBI’s and other potential lifetime lasting injuries. Definitely sounds like a fair system
 
Not to belittle your points but they are getting a BIG cut/payment via that scholarship but I am still for NIL.

For those that dismiss what the kids are getting and I realize there are very few out of the 85 that really demand a huge NIL. Also most of these kids are Out of State and would have to pay Out of State tuition.

Just so everyone understands what this little cut they get with that “minimal” scholarship is worth let me tell you. With 2 kids at UT from out of State, I know very well the cost. The Out of State value/cost of tuition is approximately $180k(Tuition/room/board only, no books no incidental expenses) for 4 years AND more if you are there longer than 4 (redshirt, etc..). This is not an estimate. Both my kids have $60K scholarships for 4 years. They were pretty high GPA and SAT score earners to get that 60K so not what most out of state kids get. It is costing $120K out of pocket a kid for their 4 years…

More than chump change for a lot of these kids that might not get a big college degree any other way.
Last year the SEC distributed nearly $55 million to each of their member schools for just football. Add in all the revenue from home games and donations and it’s likely in the $80-90 million range. At most, scholarship expenses may hit $5-6 million. So the ones sweating, bleeding, and creating the show that generates all this money receive 7-8% of it. All the players combined make less than many of the head coaches. Yes, we should definitely feel sorry for these schools and coaches if a player tries to get a bigger share of the pie.
 
“Athletes got got letter to nothing beyond a scholarship”. I love when people say that. What is that worth at UT? Tuition, room, best food money can buy, tutors, healthcare. On top of that the ones that are “poor” qualified for Pell Grants. Depending on where you go this can be 6 figures. Even at UT as an in-state student that value is over $40,000 not including Pell Grant money. They also get great training to give the NFL a try. If not they get a free college education, etc.
Fractions of pennies on the dollar of the value players provide to schools and conferences.

If $13mil is the true amount, any booster financed organization would have been nucking futz to have honored that.

I heard they were outbid. Now, it seems ridiculous.
If any kid not named Peyton Manning had that as their late counteroffer, I would delete their contact from my phone.
Either the Rashad side is either completely delusional or trying to chum the waters. No sharks swimming near those waters.
 
Not to belittle your points but they are getting a BIG cut/payment via that scholarship but I am still for NIL.

For those that dismiss what the kids are getting and I realize there are very few out of the 85 that really demand a huge NIL. Also most of these kids are Out of State and would have to pay Out of State tuition.

Just so everyone understands what this little cut they get with that “minimal” scholarship is worth let me tell you. With 2 kids at UT from out of State, I know very well the cost. The Out of State value/cost of tuition is approximately $180k(Tuition/room/board only, no books no incidental expenses) for 4 years AND more if you are there longer than 4 (redshirt, etc..). This is not an estimate. Both my kids have $60K scholarships for 4 years. They were pretty high GPA and SAT score earners to get that 60K so not what most out of state kids get. It is costing $120K out of pocket a kid for their 4 years…

More than chump change for a lot of these kids that might not get a big college degree any other way.
The athletes are getting 7-8% of the revenue which is the farthest thing from a “big cut”. In the NFL the players get 48% of the revenue. The college system has been broken since TV started sending huge sums.
 
Last year the SEC distributed nearly $55 million to each of their member schools for just football. Add in all the revenue from home games and donations and it’s likely in the $80-90 million range. At most, scholarship expenses may hit $5-6 million. So the ones sweating, bleeding, and creating the show that generates all this money receive 7-8% of it. All the players combined make less than many of the head coaches. Yes, we should definitely feel sorry for these schools and coaches if a player tries to get a bigger share of the pie.
According to this article (Do Colleges Make Money From Athletics? | BestColleges) only 25 athletic programs made money out of 1100 schools in 102 conferences across the country for the most recently available data (2019). Most schools offering football are using football revenue to fund a large majority of their other sports. In all, only 25 schools turned a profit from athletics, so the schools are not raking in the significant profit as some think. If schools were allowed to only offer sports that have a chance to turn a profit, then maybe the point of profit sharing would make more sense.
 
According to this article (Do Colleges Make Money From Athletics? | BestColleges) only 25 athletic programs made money out of 1100 schools in 102 conferences across the country for the most recently available data (2019). Most schools offering football are using football revenue to fund a large majority of their other sports. In all, only 25 schools turned a profit from athletics, so the schools are not raking in the significant profit as some think. If schools were allowed to only offer sports that have a chance to turn a profit, then maybe the point of profit sharing would make more sense.
This is the issue that worries me about the Courts declaring players employees. Only a few schools can survive and those few teams become pro teams.

Other schools will still be subject to the "players are employees" ruling whether they make money or not. There's no way to say, "it's not an employee situation at this school vs that school" because I don't see a way to differentiate. Revenue generating isn't a valid test because plenty of businesses don't "make a profit" to the IRS, but they're still subject to employee-employer laws.

Lots of athletes will suffer. Lots of men and women will never get the chance to attend college on a sports scholarship and enjoy the experience of college athletics. It sucks.

I just don't think there's a way the NCAA can weasel out of this.
 
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Not to belittle your points but they are getting a BIG cut/payment via that scholarship but I am still for NIL.

For those that dismiss what the kids are getting and I realize there are very few out of the 85 that really demand a huge NIL. Also most of these kids are Out of State and would have to pay Out of State tuition.

Just so everyone understands what this little cut they get with that “minimal” scholarship is worth let me tell you. With 2 kids at UT from out of State, I know very well the cost. The Out of State value/cost of tuition is approximately $180k(Tuition/room/board only, no books no incidental expenses) for 4 years AND more if you are there longer than 4 (redshirt, etc..). This is not an estimate. Both my kids have $60K scholarships for 4 years. They were pretty high GPA and SAT score earners to get that 60K so not what most out of state kids get. It is costing $120K out of pocket a kid for their 4 years…

More than chump change for a lot of these kids that might not get a big college degree any other way.

Other college kids are eligible for many of the same perks. Scholarships, pell grants, access to world class gyms. Yet they are still allowed to have a job to support themselves or their family while they are going to school.

And let's understand, the schools, the NCAA, nd the media companies broadcasting these games, and their sponsors are all making millions if not billions on the back of these kids. So yeah, I'd say a scholarship ain't worth jack comparatively.
 
My take on NIL for what it’s worth. Some are complaining about the conference and the schools making money. Well they are the ones who foot the bills, they build the stadiums, pay for upkeep and maintenance. They have to hire employees and provide benefits for them. They pay the utility bills and pay for insurance. Any money related expenses comes out of their pockets and none comes from the players. The (I was going to say student athletes) players get free insurance, free food, free medical care, free housing. They get a free education and can earn a degree that empowers them to compete for jobs if they fail to make it at the next level. They get hands on training that equips them to compete for jobs at the professional level. Their skin in the game is simple and that’s the prospect of injury. What else do they risk?
One side shoulders responsibility and the other side is provided opportunity.
If NIL Is to work and be fair across the board the only way I see it working correctly and fairly is to have a wage scale or a salary scale that is consistent across the nation. If that happens it’s called collusion which is illegal. So where to go from here? I don’t see a quick fix and I don’t see an easy solution but what I do see is a ruination of competitive college sports, it’s ruined it for me and I’m angry that the NCAA could have nipped it in the bud a long time ago when coaches were stacking teams with unlimited players and their answers were to limit squads to a set number but at the same time they FAILED MISERABLY by not reining in booster money and turning a blind eye to certain universities such as two particular teams both sporting red colors and both in our conference. If the NCAA had handled it correctly there is a good chance we would not be having to deal with this now.

I will commend Tennessee and your administration on one thing and that is the fact that after all the public embarrassment of coaching hires someone made the decision to settle the matter and they stepped back and made tough decisions about the future of the program and made a hire that brought stability to your university. Your coach seems to be a guy who just doesn’t worry about outside talk he handles things his way and he does it quietly and consistently.

I don’t know if Billy is the answer for Florida only time will tell but the missteps of the past few days are not doing the program any good. Whether it’s him that screwed up or the folks handling the NIL side of things it’s brought nothing but scorn to the program.

Florida and Tennessee will always be rivals and there’s always going to be finger pointing and making fun of and all that goes with rivalries and it’s all good fun in the end. However I hope as a fan of college football that no teams have to go through this idiotic process much longer because it’s ruining the sport we all love.
Y’all have a blessed day
 
So your coach gets $10 million a year to stand on the sideline and you get the equivalent of $40 thousand to get beat to death and expose yourself to TBI’s and other potential lifetime lasting injuries. Definitely sounds like a fair system

so you think the CEO of a manufacturing company, who has done the work, done the training, put in the time & effort, has a wealth of knowledge on how to run the company, should get paid the same as an assembly line worker? Definitely sounds like a fair system
 
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All I know is this is a very bad look for UF its making mainstream national news and its being made out mostly like UF is writing checks they cant cash..

It's a beautiful thing to wake up and see this on the mainstream cable news shows, not a good look and not going to help recruiting lol.

Florida could lose top recruit after massive NIL deal creates controversy
Wow!
This story is really breaking new ground. Makes me think the $13mil amount was legit. I figured it was BS.

If UF Gator Collective (--edit) gets out of the deal, Recruits will be left feeling any agreement with Gator Collective (their big NIL) is shaky at best.
If UF has to stick to the deal, they get a 4*(?!?) for $13mil. :oops:

Waiting for the next huge shoe to drop.
 
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All I know is this is a very bad look for UF its making mainstream national news and its being made out mostly like UF is writing checks they cant cash..

It's a beautiful thing to wake up and see this on the mainstream cable news shows, not a good look and not going to help recruiting lol.

Florida could lose top recruit after massive NIL deal creates controversy
This is great recruiting news for us! Spire honors it's deals and you can't trust the Gator Collective. I see this as a serious blow to UF recruiting in the future. I LOVE IT!
 

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