Stokes has signed an institutional offer of financial aid?

#1

CAVPUT

CEO Quippy Grumps of VN
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#1
Someone enlighten me. How does this differ from a letter of intent? Is is binding? Allow movement? What the heck is this critter? I seem to recall hearing it mentioned a couple of times, but it seems to be popping up a lot more recently. Why do kids favor it?
 
#5
#5
No real difference. It is binding.

I am almost certain it isn't binding.

The biggest reason I believe it isn't is that I remember Cal having his signees sign this instead of the NLI so they could leave if he left Memphis. Am I making that up?
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#7
#7
I am almost certain it isn't binding.

The biggest reason I believe it isn't is that I remember Cal having his signees sign this instead of the NLI so they could leave if he left Memphis. Am I making that up?
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Pretty sure you are right. Also, Brandon Knight signed it at UK when there were all kinds of rumors about NCAA and Cal going to NBA
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#10
#10
There is actually no need for recruits to sign a LOI if they want to play for a school. This essentially accomplishes the same thing.
 
#12
#12
There is actually no need for recruits to sign a LOI if they want to play for a school. This essentially accomplishes the same thing.

Correct. There is some interesting things out there now where some schools may sign kids to these but for 4yrs instead of 1yr. That will be interesting to see how that effects recruiting when some schools won't do that.
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#14
#14
It is only binding for the school. It basically says that the school will give him a scholarship if he goes there. It is not binding for the student.
 
#15
#15
I am almost certain it isn't binding.

The biggest reason I believe it isn't is that I remember Cal having his signees sign this instead of the NLI so they could leave if he left Memphis. Am I making that up?
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If Cal has done this before then it might be shady. :whistling:
 
#17
#17
It is binding on the school and, because other SEC schools recognize the scholarships of other SEC schools, it would keep him away from another SEC school. So Cal nor Billy D nor Mike Anderson can poach him. But if, say UCONN or Memphis were to come along and turn Jarnell before he enrolls at Tennessee, it would be perfectly "legal". Only an NCAA recognized NLI (National Letter of Intent) stops that. And those are o only signed during the Fall and Spring signing periods (in basketball). Any athlete committing outside those periods does not sign an NLI and remains free game (with the league restrictions noted above) until he enrolls.
It is only binding for the school. It basically says that the school will give him a scholarship if he goes there. It is not binding for the student.
 
#19
#19
No real difference. It is binding.

:lolabove:And another assinine post from the biggest windbag on VN...Congrats on another BS post without checking ANY facts..Just post it and it must be true...Unbelievable

:rofl:
 
#20
#20
Pretty sure you are right. Also, Brandon Knight signed it at UK when there were all kinds of rumors about NCAA and Cal going to NBA
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That's where I heard of this thing. Thanks for refreshing my memory.

Strange days we live in. Used to be that a kid would sign on and be at a school for 4 years but schools could drop a kid on an annual basis. Now the schools are being mandated to sign on for 4 years and do away with the year by year deal, but the kids can sign one of these things just in case a better situation comes up? Whew. Can I pull a Dorothy and click my heels 3 times to go back home?

College athletics used to be so much fun...so enjoyable. Now...not so much. Money and greed has ruined the games I loved for so many years. Pretty much the same for all sports...amateur and pro. Sad.
 
#21
#21
That's where I heard of this thing. Thanks for refreshing my memory.

Strange days we live in. Used to be that a kid would sign on and be at a school for 4 years but schools could drop a kid on an annual basis. Now the schools are being mandated to sign on for 4 years and do away with the year by year deal, but the kids can sign one of these things just in case a better situation comes up? Whew. Can I pull a Dorothy and click my heels 3 times to go back home?

College athletics used to be so much fun...so enjoyable. Now...not so much. Money and greed has ruined the games I loved for so many years. Pretty much the same for all sports...amateur and pro. Sad.

I don't disagree with what your saying but I want to make sure people don't think Stokes choose this route so he would have an out. It simple was his only option at present. An NLI can't be signed until April so he did the only thing the NCAA would allow.

As far as the schools are bound for 4years that isn't correct. Scholarships are only one year renewable contracts. I stated that schools are about to be able to make them 4year contracts if they choose so I might have caused that confusion. What I find fascinating about that possibility is if a Saban won't go for the 4year deal, but another school came in and offered all four years would that make a difference in recruiting. I am very interested to see how that one plays out.
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#23
#23
Every time I open this thread, I try to figure out what this post means. Still have no clue.

Just like baseball used to be when a kid walks into that first class he is bound to that school.

If you ever have a chance to sit and listen to old MLB scouts tell stories about chasing kids to class with suite cases full of money you should jump at that chance. College baseball coaches are simply helpless in such times. Now at least MLB moved up the date so scouts aren't chasing kids to class.
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#25
#25
That sentence is incoherent. That's why I don't understand.

I understand and I am guessing you have a beef with the poster. I am just not a fan of the grammar or miss use of words police when trying to settle a the score. Everybody will misspell words or use poor grammar if they post enough. I am certain you could figure out what he was trying to say if you really wanted or at least I hope so.
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