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NIL 101… I have questions
NookTunnelSyndrome
Member Posts: 509
I know Montlake Futures has no ties to the school or at least not legitimate ties. Which leads to my 1st question.
Who decides who gets the donation? Does the coach refer a player?
2nd, does the player enter into a binding contract w/ the collective? or is the donation just a one time benefit w/ no requirements?
3rd and this is just my thought, can the collective even leverage a contract, stating that if the player leaves or doesn’t fulfill the agreement over a period of time say 1-2 years, they have to repay a portion or all of the donation?
I can’t wrap my head around how these collectives know whom to donate to or how to protect themselves from players just grabbing a bag then popping into the portal
Who decides who gets the donation? Does the coach refer a player?
2nd, does the player enter into a binding contract w/ the collective? or is the donation just a one time benefit w/ no requirements?
3rd and this is just my thought, can the collective even leverage a contract, stating that if the player leaves or doesn’t fulfill the agreement over a period of time say 1-2 years, they have to repay a portion or all of the donation?
I can’t wrap my head around how these collectives know whom to donate to or how to protect themselves from players just grabbing a bag then popping into the portal
Comments
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That dude must be on running on zero sleep right nowMad_Son said:This man makes it work
https://gohuskies.com/staff-directory/jamaal-walton/5821 -
In caples latest article he said that the executive director of Montlake futures has spoken to Jedd Fisch every day since he was hired.
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What a dumb fucking system. It would make so much more sense to have the schools handle it themselves, that way they can ensure everything is above board.
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Canadawg said:
That dude must be on running on zero sleep right nowMad_Son said:This man makes it work
https://gohuskies.com/staff-directory/jamaal-walton/5821
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Yep, unless I’m missing something these collectives have no oversight and take donations without explaining how the funds are distributed. I would feel like quite the moron if my donation was used to bring some Vandy backer to campus for two weeks in January before he portals again. Also, it makes wonder how much embezzlement is occurring across the country.EsophagealFeces said:What a dumb fucking system. It would make so much more sense to have the schools handle it themselves, that way they can ensure everything is above board.
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Embezzlement or money laundering.Boner said:
Yep, unless I’m missing something these collectives have no oversight and take donations without explaining how the funds are distributed. I would feel like quite the moron if my donation was used to bring some Vandy backer to campus for two weeks in January before he portals again. Also, it makes wonder how much embezzlement is occurring across the country.EsophagealFeces said:What a dumb fucking system. It would make so much more sense to have the schools handle it themselves, that way they can ensure everything is above board.
Tomato tomatoe. -
I’ve heard that MF will eventually fall under the umbrella of the school/AD. No idea when that’ll happen.EsophagealFeces said:What a dumb fucking system. It would make so much more sense to have the schools handle it themselves, that way they can ensure everything is above board.
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wait college football is a corrupt, disorganized mess? What the?
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I feel like it has to, and I really don’t understand why it wasn’t done that way from the beginning. Probably the NCAA stupidly trying to keep the schools’ hands looking clean. If you’re going to allow this, there has to be institutional oversight, otherwise we’re back to shady under the table shit like before. The NCAA can’t do anything without fucking it up, as always.CFetters_Nacho_Lover said:
I’ve heard that MF will eventually fall under the umbrella of the school/AD. No idea when that’ll happen.EsophagealFeces said:What a dumb fucking system. It would make so much more sense to have the schools handle it themselves, that way they can ensure everything is above board.
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The reason, as always, is Title IX. Want to pay players? Then double the budget because women's golf needs their cut.EsophagealFeces said:
I feel like it has to, and I really don’t understand why it wasn’t done that way from the beginning. Probably the NCAA stupidly trying to keep the schools’ hands looking clean. If you’re going to allow this, there has to be institutional oversight, otherwise we’re back to shady under the table shit like before. The NCAA can’t do anything without fucking it up, as always.CFetters_Nacho_Lover said:
I’ve heard that MF will eventually fall under the umbrella of the school/AD. No idea when that’ll happen.EsophagealFeces said:What a dumb fucking system. It would make so much more sense to have the schools handle it themselves, that way they can ensure everything is above board.
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Title IX shouldn’t matter anymore since we have swimmers with dicks competing with women. Just have your football team identify as women, then you can cut all the money sucking sports you want and spend the money on football.GreenRiverGatorz said:
The reason, as always, is Title IX. Want to pay players? Then double the budget because women's golf needs their cut.EsophagealFeces said:
I feel like it has to, and I really don’t understand why it wasn’t done that way from the beginning. Probably the NCAA stupidly trying to keep the schools’ hands looking clean. If you’re going to allow this, there has to be institutional oversight, otherwise we’re back to shady under the table shit like before. The NCAA can’t do anything without fucking it up, as always.CFetters_Nacho_Lover said:
I’ve heard that MF will eventually fall under the umbrella of the school/AD. No idea when that’ll happen.EsophagealFeces said:What a dumb fucking system. It would make so much more sense to have the schools handle it themselves, that way they can ensure everything is above board.
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Caples article is paywalled, maybe it's in the wigwam? I'll summarize for the pours.
- One of the advisers, and a guy that met with Fisch on day 1 is the COO of Deloitte. Deloitte is one of the 4 largest accounting firms in the WORLD. He's easily worth multiple hundreds of millions and he played basketball at UW.
- The Executive Director of Montlake futures has been in regular contact with Fisch every day since he started.That seems legit, and the fact that it's been said publicly to a reporter is, I think, a big deal.
- THey talk openly about our NIL packages being top heavy last year to keep Penix, Rome and others. Basically said that NIL is the reason for our title run.
- Talked about how it used to be just big dollar donors, and the older generation being skeptical, but WINNING attracts more donors and they are started to see the funds increase quite a lot. Small dollars, big dollars, young and old. It all matters.
Something changed, and it changed for the better. When you have Arizona, and even Ohio State talking about UW's NIL packages being tough to compete with, I think it's a good sign. Obviously Penix was a superstar, but he is a great example of what could be for a young QB. Penix had Bose, Adidas, Amazon, Alaska Airlines, plus whatever other small deals. That's a freakin' huge list of marketing deals for a college player. - One of the advisers, and a guy that met with Fisch on day 1 is the COO of Deloitte. Deloitte is one of the 4 largest accounting firms in the WORLD. He's easily worth multiple hundreds of millions and he played basketball at UW.
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TIL, Deloitte's COO is based in Seattle.houseofpain247 said:Caples article is paywalled, maybe it's in the wigwam? I'll summarize for the pours.
- One of the advisers, and a guy that met with Fisch on day 1 is the COO of Deloitte. Deloitte is one of the 4 largest accounting firms in the WORLD. He's easily worth multiple hundreds of millions and he played basketball at UW.
- The Executive Director of Montlake futures has been in regular contact with Fisch every day since he started.That seems legit, and the fact that it's been said publicly to a reporter is, I think, a big deal.
- THey talk openly about our NIL packages being top heavy last year to keep Penix, Rome and others. Basically said that NIL is the reason for our title run.
- Talked about how it used to be just big dollar donors, and the older generation being skeptical, but WINNING attracts more donors and they are started to see the funds increase quite a lot. Small dollars, big dollars, young and old. It all matters.
Something changed, and it changed for the better. When you have Arizona, and even Ohio State talking about UW's NIL packages being tough to compete with, I think it's a good sign. Obviously Penix was a superstar, but he is a great example of what could be for a young QB. Penix had Bose, Adidas, Amazon, Alaska Airlines, plus whatever other small deals. That's a freakin' huge list of marketing deals for a college player. - One of the advisers, and a guy that met with Fisch on day 1 is the COO of Deloitte. Deloitte is one of the 4 largest accounting firms in the WORLD. He's easily worth multiple hundreds of millions and he played basketball at UW.
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EsophagealFeces said:
Title IX shouldn’t matter anymore since we have swimmers with dicks competing with women. Just have your football team identify as women, then you can cut all the money sucking sports you want and spend the money on football.GreenRiverGatorz said:
The reason, as always, is Title IX. Want to pay players? Then double the budget because women's golf needs their cut.EsophagealFeces said:
I feel like it has to, and I really don’t understand why it wasn’t done that way from the beginning. Probably the NCAA stupidly trying to keep the schools’ hands looking clean. If you’re going to allow this, there has to be institutional oversight, otherwise we’re back to shady under the table shit like before. The NCAA can’t do anything without fucking it up, as always.CFetters_Nacho_Lover said:
I’ve heard that MF will eventually fall under the umbrella of the school/AD. No idea when that’ll happen.EsophagealFeces said:What a dumb fucking system. It would make so much more sense to have the schools handle it themselves, that way they can ensure everything is above board.
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EsophagealFeces said:
Stop plagiarizing my shit fucko.GreenRiverGatorz said:
. Just have your football team identify as women, then you can cut all the money sucking sports you want and spend the money on football.EsophagealFeces said:
I feel like it has to, and I really don’t understand why it wasn’t done that way from the beginning. Probably the NCAA stupidly trying to keep the schools’ hands looking clean. If you’re going to allow this, there has to be institutional oversight, otherwise we’re back to shady under the table shit like before. The NCAA can’t do anything without fucking it up, as always.CFetters_Nacho_Lover said:
I’ve heard that MF will eventually fall under the umbrella of the school/AD. No idea when that’ll happen.EsophagealFeces said:What a dumb fucking system. It would make so much more sense to have the schools handle it themselves, that way they can ensure everything is above board.
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Caveat: I have not worked with Montlake Futures. But I do advise college players on transfer and NIL, and I have worked with other collectives/schools.NookTunnelSyndrome said:I know Montlake Futures has no ties to the school or at least not legitimate ties. Which leads to my 1st question.
Who decides who gets the donation? Does the coach refer a player?
2nd, does the player enter into a binding contract w/ the collective? or is the donation just a one time benefit w/ no requirements?
3rd and this is just my thought, can the collective even leverage a contract, stating that if the player leaves or doesn’t fulfill the agreement over a period of time say 1-2 years, they have to repay a portion or all of the donation?
I can’t wrap my head around how these collectives know whom to donate to or how to protect themselves from players just grabbing a bag then popping into the portal
The collectives at the schools I have been involved with work closely with the coaching staffs to coordinate with players. Players who come for their visit will have a meeting set with the collective to discuss NIL.
My players have had binding contracts with the collectives. In the majority of cases, the contract provides for nominal requirements by the player ("be available for one social media post per month at the request of the collective"). Then the player has to tweet out the American Heart Association or something which someone from the collective tells them to.
Many (most) collectives are signing players to one-year deals, renewable if the player stays. The smart schools are paying this out monthly (so it functions like a stipend, or salary), and many are withholding taxes and also providing some tax advice to the player.
This is how it works most places. But NIL is the Wild West with no regulation so it's not the same everywhere. Some schools are way more organized while other schools (cough, Colorado) promise the players a gazillion dollars but won't put anything in writing until after they sign.
