Texas. Oh my.
https://www.espn.com/college-footbal...-commits-texas
Texas. Oh my.
https://www.espn.com/college-footbal...-commits-texas
NIL is going to be very good to Texas
The SEC is getting SEC ed with all this NIL.
Texas and TAMU will each have player NIL payrolls higher than NFL teams very soon. It will be spread over a larger roster but the $$$$ will easily be enormous. NFL typically has one primary owner per team and this person is in it to make money.
UT and TAMU each have thousands of active alumni worth $25+ million. Each have multiple active billionaire supporters.....they will outbid anyone in a head to head NIL negotiation.
Another to watch for massive NIL deals.....USC has near unlimited alumni $$$ resources as well.
I wonder how long it will last? Will it collapse under it's own weight? The NCAA reverses itself (not going to happen). The haves separate from the have nots? Will schools like Vanderbilt or Kentucky be forced out of the SEC because they just can't compete money wise.
Hypothetical situation.. If a new conference is being formed from scratch would Vanderbilt, Kentucky or even Mississippi State or Ole Miss fit the criteria for the SEC? I dunno
To get a sense of the scale of money:
Texas endowment: 42.9 billion
aTm endowment: 18 billion
LSU endowment: 696 million
LSU and some other SEC schools are closer to us in true wealth. I understand the endowment is not paying the NIL....but the same people who created the endowment will be. This gives you an idea of the relative wealth of the donors etc....
NIL will blow up everything we know about major college athletics.
And it came from the Supreme Court of the United States of America so it really can't be fixed.
Hey, why should these athletes be deprived from the living the American dream?
Its capitalism.
The cream rises to the top.
Lspoop and eventually the same types won't compete with transfer of wealth.. their cries will go unnoticed especially since they been doing the bag man scheme on smaller scale
I wonder if this is intended by the NCAA. I guess the days of the student athlete are over
I don't see how this is sustainable long term
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