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Five-star recruit in Class of 2023 signs agreement that could pay him more than $8 million
DerekJohnson
Administrator, Swaye's Wigwam Posts: 64,059 
Stewart Mandel Mar 11, 2022 222
On Friday, a five-star recruit in the Class of 2023 signed an agreement with a school’s NIL collective that could pay him more than $8 million by the end of his junior year of college, The Athletic has learned. He’ll be paid $350,000 almost immediately, followed by monthly payouts escalating to more than $2 million per year once he begins his college career, in exchange for making public appearances and taking part in social media promotions and other NIL activities “on behalf of (the collective) or a third party.”
While there’s no centralized database to reference other contracts, two NIL experts believe it’s the largest individual NIL deal signed by a non-professional athlete.
Blake Lawrence, the founder of the NIL marketing platform Opendorse, said a deal that high seems like an outlier but added, “Whatever casual sports fans or coaches think student-athletes are earning from collectives, they’re (undershooting) by 10X. While $2 million (a year) is wild, $200,000 isn’t, but most people are thinking they’re getting $20,000.”
Lawyer Mike Caspino, who drafted the contract, allowed The Athletic to review and verify the contract in exchange for keeping the player and collectives’ identities anonymous. It provides a window into how donor-driven third parties tied to specific schools operate.
To read the rest:
https://theathletic.com/3178558/2022/03/11/five-star-recruit-in-class-of-2023-signs-agreement-with-collective-that-could-pay-him-more-than-8-million/
On Friday, a five-star recruit in the Class of 2023 signed an agreement with a school’s NIL collective that could pay him more than $8 million by the end of his junior year of college, The Athletic has learned. He’ll be paid $350,000 almost immediately, followed by monthly payouts escalating to more than $2 million per year once he begins his college career, in exchange for making public appearances and taking part in social media promotions and other NIL activities “on behalf of (the collective) or a third party.”
While there’s no centralized database to reference other contracts, two NIL experts believe it’s the largest individual NIL deal signed by a non-professional athlete.
Blake Lawrence, the founder of the NIL marketing platform Opendorse, said a deal that high seems like an outlier but added, “Whatever casual sports fans or coaches think student-athletes are earning from collectives, they’re (undershooting) by 10X. While $2 million (a year) is wild, $200,000 isn’t, but most people are thinking they’re getting $20,000.”
Lawyer Mike Caspino, who drafted the contract, allowed The Athletic to review and verify the contract in exchange for keeping the player and collectives’ identities anonymous. It provides a window into how donor-driven third parties tied to specific schools operate.
To read the rest:
https://theathletic.com/3178558/2022/03/11/five-star-recruit-in-class-of-2023-signs-agreement-with-collective-that-could-pay-him-more-than-8-million/
Comments
It’s sickening. I think this is the best arm talent this side of Herbert, and we(?) have been outbid. Just makes me sick.
NIL isn't a horrible idea for actual players who are enrolled
Always better to pay for performance than potential
But the cats out now
It's a recruiting tool
I don’t know if he was in any group chat. He did have a six inch Wolfdong that got flipped from Oregon to Tennessee this week when he agreed to the NIL deal. Three weeks ago he told ON3 he was committing in April, and their recruiting prediction thingy overwhelmingly predicted him to Oregon. Yesterday Tennessee’s site said it’s probably them, followed by Oregon and a small chance of Miami.
Oregon just got outbid. All of his finalists “have a great NIL program” and I congratulate Tennessee on winning the auction. My condolences to Jeremy Pruitt, he was ahead of his time.
Fuck off, Duck.
Yeah, I didn't read that much into his comments. He basically said the focus is keeping Washington kids home and dominating California. He noted that the 5-star kids that USC wants will stay home. So what. How many five-star players does UW ever get from anywhere, let alone Southern California. Yet even still, there is so much talent there that UW should be able to stock its program with great players (a lot of them need a year or two in the program to develop -- that's going to be where DeBoner earns his keep).
He didn't really say anything that was surprising or worrisome, imho. It was basically a story about how he's gotten to where he is and why he's at Washington. The dude is confident. And the article noted the staff booted Glenn down to director of player development while making the Oregon guy (Henkle?) director of recruiting and a former Michigan guy as director of scouting. Bruce Harrell's daughter is director of on-campus recruiting.
So it sounds like the grown ups are in charge. (Except in the AD's chair, and until that changes, I'm not going to get my hopes up even though I'm doogin more than I have since Peterman first came on board.)