Texas boosters create $10M pool of NIL money

[PSUSignore]

This is an example of what we are up against to compete with the big boys. Texas isn't a big boy on the field right now, but I'd imagine more schools will follow this approach and players are going to get paid some significant money as a result.

A rumor I read stated $8M is allocated for football. That's $94k per player on scholarship assuming it's an annual fund.

Texas supporters launch NIL program that other schools likely will copy

A new NIL program for Texas athletes should serve as a template for deep-pocketed supporters of blue-blood schools nationwide.

www.on3.com

 

[PAgeologist]

Well, Texas is going to need all the help they can get to avoid getting their doors kicked in once they join the SEC.

 

[The Spin Meister]

And so it begins......

 

[katchthis]

So let it be written . So let it be done .

 

[Waste Management Consultant]

And so it begins......

Or at least they can openly talk about it.

 

[Columbus_Lion]

$94k annually, to every player? At some point the starters are going to demand more than the reserves. The 5 stars will want more than the 3 star gets...gonna create tension.

 

[christoph]

Ohio state has had that for decades.

 

[Dragons 62]

My give a shit factor for College Football is about gone......Everything is corrupted

 

[fastlax16]

We have the McLanahans Collective so there's that.

 

[Nbergbuck]

Ohio state has had that for decades.

I doubt OSU has more pay to play than anywhere else. The big D1 schools (PSU included) know what their competitors are doing and probably follow suit.

 

[Woodpecker]

This is an example of what we are up against to compete with the big boys. Texas isn't a big boy on the field right now, but I'd imagine more schools will follow this approach and players are going to get paid some significant money as a result.

A rumor I read stated $8M is allocated for football. That's $94k per player on scholarship assuming it's an annual fund.

View embedded media

Texas supporters launch NIL program that other schools likely will copy

A new NIL program for Texas athletes should serve as a template for deep-pocketed supporters of blue-blood schools nationwide.

www.on3.com

Wow, who foresaw that? Oh wait, EVERYBODY!

 

[LongJakk]

Is that $10m to fund NIL each year or is it a fund that uses returns to fund NIL? 6% avg return would be 600k to spend per year.

 

[Op2]

The next step is to not make them go to school and if they do go to school make them pay for it and be held to the same standards as other students.

 

[RGWhirly]

Initial pledge of $10M. The Texas donors will get badboy above $50M pretty quickly.

 

[We Are . . .]

 

[Op2]

Maybe the NIL money for the players will give the big name coaches less leverage to demand big money. If one thing the big name coaches do is attract good players then they have more leverage, but if the players start to be persuaded by how much NIL money they can get instead of who the coach is then suddenly throwing big money at a big name coach makes less sense.

 

[Tri-Power65]

$94k annually, to every player? At some point the starters are going to demand more than the reserves. The 5 stars will want more than the 3 star gets...gonna create tension.

Bad assumption that it will be distributed equally.

 

[Tri-Power65]

I doubt OSU has more pay to play than anywhere else.

Lol. Go back to sleep.

 

[HartfordLlion]

The next step is to not make them go to school and if they do go to school make them pay for it and be held to the same standards as other students.

Player get bad grades gets booted from the team sues the school for failure to allow him to make a living.

 

[joeaubie21]

Ohio state has had that for decades.

Alabama as well. Saban is a lying POS.