Correct the money is coming from companies and not LSU.AppSt94 wrote: ↑Wed Sep 18, 2024 2:06 pmI understood what you were saying. There is no difference. Olivia Dunne has endorsement deals because she has a large following on social media. I don’t know what she endorses outside of Fabletics so I can’t speak to her complete NIL deal. But she isn’t representing LSU in her Fabletics deal. She is making money off of her own marketability, which is what NIL was supposed to do.704App wrote: ↑Wed Sep 18, 2024 1:56 pmAnd then LSU can contact him when he's rich and swimming in piles of cash and ask for a hefty donation..AppSt94 wrote: ↑Wed Sep 18, 2024 1:51 pmSure, but Joey is likely to make 10x that endorsement when he creates an App.704App wrote: ↑Wed Sep 18, 2024 1:49 pmHe has some, sure! But he doesn't have the impact Livvy Dunne with over 15 million follows on social media platforms..appgrad95&97 wrote: ↑Wed Sep 18, 2024 1:47 pm
Harvard's endowment is over 50 billion dollars, Nerdy Joe might have some value.
Nerdy Joe's value is to other Nerdy Joes. Livvy Dunnes value is to everyone across the world. And, like I said, it's not to say one is better than the other. Just the reality of it.
Perhaps I misunderstood the initial question on what's the difference between the two and the reason why one person gets more money than the other.
But, majority of her posts before she got big are LSU gymnastics related. She got the endorsement regardless of LSU being involved.
Fabletics didn't come to her and say "we'll pay you money because you are a gymnast at LSU." They came and said "we'll pay you money because you can reach 15 million people in a matter of seconds because you are a popular athlete that posts a lot of material."
LSU has nothing to do with it, but they benefit heavily from it so it's in their best interest to facilitate it over facilitating it for Nerdy Joe. And they receive an instant guaranteed value today -- not potential value years from now IF (big if, not guaranteed) Nerdy Joe strikes it big.
Again, I must not be understanding either the original question or your discussion point because I don't see how this is even debatable.
Say you're a business owner that wants to give money to a student athletes at App so you reach out to whoever facilitates the NIL. Are you going to want the athlete with 2 million followers to get your money or the Nerdy Joe that has 1200 followers and zero notoriety around town? The answer is simple.
And that is the difference between the two and the reason LSU would rather Livvy Dunne make that money than Nerdy Joe.
And I certainly do not agree with it. I think it's ruined college sports until they get the reigns tucked in some, but that is the reason.
***Sorry for so many edits -- on phone flying in for the game and finding autocorrect typos***