Starting tomorrow, NCAA athletes can make money from endorsements

[Yosef10]

Someone correct me if I’m wrong, but this seems a little half-assed compared to others I’ve seen. Seems like App is just saying “hey we’re on TV and will take pictures”? Am i wrong?

[Gonzo]

I think the actual setup we have is pretty robust(hired a firm in January), but as usual the communications staff fell asleep at their desks and have only posted a couple of things in the last 24 hours.

[App91]

For you Podcast listeners, go and check out Marty Smith's America and the episode with the guy from Drexel and how they are handling. This is going to be interesting and some "wild-wild west" scenarios

[canes_mj]

For you Podcast listeners, go and check out Marty Smith's America and the episode with the guy from Drexel and how they are handling. This is going to be interesting and some "wild-wild west" scenarios

Do you mean the one with the guy from Duquesne? I assume that's the one you were talking about and I downloaded it and just finished it...you're right, it was an excellent episode and fascinating listening.

Schools would do well to employ people like Jordan Rooney to help guide these players. All of the things he mentioned re developing your brand, maximizing it, and leveraging that when you have your maximum potential at the right time when the most interest is on you...that's all applicable to anyone in any industry.

[Appstate88]

$10,000 per hour appearance fee. This is quickly getting out of hand.
https://247sports.com/Article/Name-imag ... 167324782/

[BeauFoster]

$10,000 per hour appearance fee. This is quickly getting out of hand.
https://247sports.com/Article/Name-imag ... 167324782/

Aim high…only takes one or two takers!

[ah59396]

$10,000 per hour appearance fee. This is quickly getting out of hand.
https://247sports.com/Article/Name-imag ... 167324782/

Nick Saban makes $10m a year. ESPN has a $2 BILLION contract with the SEC. This got out of hand a long time ago.

This hasn’t been an amateur sport since the 70’s.

[citroknight]

$10,000 per hour appearance fee. This is quickly getting out of hand.
https://247sports.com/Article/Name-imag ... 167324782/

With no precedent, prices will be all over the place. Over time they'll adjust based on demand. If no one bites at $10k, hell lower his price and 5 years from now the players will have a better idea of what hourly rates make sense for their star power level.

[bigdaddyg]

If someone will pay $1m for a piece of cardboard (old baseball card) they will probably pay some kid an outrageous amount of money basically for nothing. It’s ironic that a select few will lead their respective teams to championships which bring in millions and get zip for it but could possibly make thousands to just show up at some random event or from being followed on a crazy social media site. Our world is upside down and is truly jacked up beyond repair.

[Rekdiver]

I think it will have a bigger impact on P5 locker rooms and will result in a tidal wave of transfers...

[appst89]

Kid from Tennessee St. signed a $2 million deal yesterday with some kind of tech company. Probably more because his dad is a famous rapper, but still $500 k per year......

[Appstate88]

If someone will pay $1m for a piece of cardboard (old baseball card) they will probably pay some kid an outrageous amount of money basically for nothing. It’s ironic that a select few will lead their respective teams to championships which bring in millions and get zip for it but could possibly make thousands to just show up at some random event or from being followed on a crazy social media site. Our world is upside down and is truly jacked up beyond repair.

Agree. The world is upside down. If you are going to get income for appearances to signing autographs. You should be required to declare all that comes with the athletic scholarship (total value/cost of attendance) as income on your taxes.

[Yosef10]

$10,000 per hour appearance fee. This is quickly getting out of hand.
https://247sports.com/Article/Name-imag ... 167324782/

If someone in the market will pay this, why is it out of hand?

[Appstate88]

[quote=Appstate88 post_id=283469 time=<a href="tel:1625277423">1625277423</a> user_id=1135]
$10,000 per hour appearance fee. This is quickly getting out of hand.
https://247sports.com/Article/Name-imag ... 167324782/

If someone in the market will pay this, why is it out of hand?
[/quote]

The fact that someone would pay this is out of hand. Just like schools paying head coaches 9 mil a year is out of hand.

[AppStateNews]

If someone will pay $1m for a piece of cardboard (old baseball card) they will probably pay some kid an outrageous amount of money basically for nothing. It’s ironic that a select few will lead their respective teams to championships which bring in millions and get zip for it but could possibly make thousands to just show up at some random event or from being followed on a crazy social media site. Our world is upside down and is truly jacked up beyond repair.

Agree. The world is upside down. If you are going to get income for appearances to signing autographs. You should be required to declare all that comes with the athletic scholarship (total value/cost of attendance) as income on your taxes.

Huh? Why? Do academic scholarship recipients have to claim it on their taxes?

[fjblair]

I could see this becoming something that many fans will resent, just depends on how it plays out.

[Appstate88]

If someone will pay $1m for a piece of cardboard (old baseball card) they will probably pay some kid an outrageous amount of money basically for nothing. It’s ironic that a select few will lead their respective teams to championships which bring in millions and get zip for it but could possibly make thousands to just show up at some random event or from being followed on a crazy social media site. Our world is upside down and is truly jacked up beyond repair.

Agree. The world is upside down. If you are going to get income for appearances to signing autographs. You should be required to declare all that comes with the athletic scholarship (total value/cost of attendance) as income on your taxes.

Huh? Why? Do academic scholarship recipients have to claim it on their taxes?

I would say yes. They get paid to go to school because they are gifted either academically or athletically. Their pay is in the form of a scholarship. They are paid for their demonstrated skills. IMO It is now a job and should be treated as income. If you paid to go to school (tuition, room and board, books and fees etc.) you certainly claimed it as an expense.

[AppStateNews]

If someone will pay $1m for a piece of cardboard (old baseball card) they will probably pay some kid an outrageous amount of money basically for nothing. It’s ironic that a select few will lead their respective teams to championships which bring in millions and get zip for it but could possibly make thousands to just show up at some random event or from being followed on a crazy social media site. Our world is upside down and is truly jacked up beyond repair.

Agree. The world is upside down. If you are going to get income for appearances to signing autographs. You should be required to declare all that comes with the athletic scholarship (total value/cost of attendance) as income on your taxes.

Huh? Why? Do academic scholarship recipients have to claim it on their taxes?

I would say yes. They get paid to go to school because they are gifted either academically or athletically. Their pay is in the form of a scholarship. They are paid for their demonstrated skills. IMO It is now a job and should be treated as income. If you paid to go to school (tuition, room and board, books and fees etc.) you certainly claimed it as an expense.

And that's fair... But they should be allowed an opportunity to also earn an income from those gifts. Until now, academically gifted students could but athletically gifted students could not. And only one of those subsets of students is bringing in substantial income...

[Appstate88]

If someone will pay $1m for a piece of cardboard (old baseball card) they will probably pay some kid an outrageous amount of money basically for nothing. It’s ironic that a select few will lead their respective teams to championships which bring in millions and get zip for it but could possibly make thousands to just show up at some random event or from being followed on a crazy social media site. Our world is upside down and is truly jacked up beyond repair.

Agree. The world is upside down. If you are going to get income for appearances to signing autographs. You should be required to declare all that comes with the athletic scholarship (total value/cost of attendance) as income on your taxes.

Huh? Why? Do academic scholarship recipients have to claim it on their taxes?

I would say yes. They get paid to go to school because they are gifted either academically or athletically. Their pay is in the form of a scholarship. They are paid for their demonstrated skills. IMO It is now a job and should be treated as income. If you paid to go to school (tuition, room and board, books and fees etc.) you certainly claimed it as an expense.

And that's fair... But they should be allowed an opportunity to also earn an income from those gifts. Until now, academically gifted students could buy athletically gifted students could not. And only one of those subsets of students is bringing in substantial income...

That was not fair, now the field is level. As a side note some academically gifted do support substantial income to the school by doing research as part of federal, military or state funded research. However is not as much as Athletic programs for some schools.

In this new world, Do players pay the school to get their name and likeness on a poster while wearing the schools jersey so they can use the poster to market themselves? Do the players need to pay the school to have their last names on the school’s jersey when they are on the field?

[AppStateNews]

Agree. The world is upside down. If you are going to get income for appearances to signing autographs. You should be required to declare all that comes with the athletic scholarship (total value/cost of attendance) as income on your taxes.

Huh? Why? Do academic scholarship recipients have to claim it on their taxes?

I would say yes. They get paid to go to school because they are gifted either academically or athletically. Their pay is in the form of a scholarship. They are paid for their demonstrated skills. IMO It is now a job and should be treated as income. If you paid to go to school (tuition, room and board, books and fees etc.) you certainly claimed it as an expense.

And that's fair... But they should be allowed an opportunity to also earn an income from those gifts. Until now, academically gifted students could buy athletically gifted students could not. And only one of those subsets of students is bringing in substantial income...

That was not fair, now the field is level. As a side note some academically gifted do support substantial income to the school by doing research as part of federal, military or state funded research. However is not as much as Athletic programs for some schools.

In this new world, Do players pay the school to get their name and likeness on a poster while wearing the schools jersey so they can use the poster to market themselves? Do the players need to pay the school to have their last names on the school’s jersey when they are on the field?

My understanding is the school can't be involved in the deals at all... Where/how they draw that line will be interesting to see.