NIL and Agents

#1
imavolfan

imavolfan

I bleed Orange
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#1
One of the things that stood out to me in a few articles I read about the Nico saga was that his “Agents/Representatives” were negotiating Nico’s contract. I wouldn’t be shocked to find out it was his agent that advised him to sit out as a negotiating tool.

Do the agents get a cut of any increase their clients receive?

That is a bad formula as these agents will give bad advise to satisfy their own greed.
 
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#2
#2
Time for all of the commissioners of the leagues to get together and get a grip on this NIL nonsense and transfer portal. Make these kids sign contracts or go to a set amount per your starting rank/position for all schools with incentive based riders like they do with the coaches. Also need to go to only one free transfer before you have to sit a year. This holding out junk is selfishness. I get that anything can happen and you not make millions but that is life and the risk everyone takes. I’m glad TN held their grounds and said goodbye because he wasn’t all that great as he had a decent OL and good receivers to throw too but he couldn’t hit them down field. This was all about money.
 
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#5
#5
uncle chewii said:
Time for all of the commissioners of the leagues to get together and get a grip on this NIL nonsense and transfer portal. Make these kids sign contracts or go to a set amount per your starting rank/position for all schools with incentive based riders like they do with the coaches. Also need to go to only one free transfer before you have to sit a year. This holding out junk is selfishness. I get that anything can happen and you not make millions but that is life and the risk everyone takes. I’m glad TN held their grounds and said goodbye because he wasn’t all that great as he had a decent OL and good receivers to throw too but he couldn’t hit them down field. This was all about money.
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That would be called collusion and likely would not work under the anti-trust laws.

What we really need is for courts to start enforcing these deals both ways. And awarding damages both ways for breach.
 
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#6
#6
imavolfan said:
One of the things that stood out to me in a few articles I read about the Nico saga was that his “Agents/Representatives” were negotiating Nico’s contract. I wouldn’t be shocked to find out it was his agent that advised him to sit out as a negotiating tool.

Do the agents get a cut of any increase their clients receive?

That is a bad formula as these agents will give bad advise to satisfy their own greed.
Click to expand...
Sure can't say for sure what Spyre gets but

thevolunteerclub.com

The Volunteer Club - Home of the Most Passionate Vol Fans

Welcome to the Volunteer Club, your ultimate destination for diehard Vol Fans. Specializing in merchandize, apparel, and fan experiences, we offer a carefully curated collection of apparel and fan experiences for Tennessee Vol fans.
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SUPPORT TENNESSEE ATHLETES​

The future of Tennessee starts with the student-athletes of today. 90% of every membership dollar generated through the Volunteer Club will go directly to athletes, and the remaining 10% will cover overhead costs.
 
#7
#7
imavolfan said:
One of the things that stood out to me in a few articles I read about the Nico saga was that his “Agents/Representatives” were negotiating Nico’s contract. I wouldn’t be shocked to find out it was his agent that advised him to sit out as a negotiating tool.

Do the agents get a cut of any increase their clients receive?

That is a bad formula as these agents will give bad advise to satisfy their own greed.
Click to expand...
Pay for play is still prohibited, thank goodness, so UT couldn't give him the boost that was mentioned. This doesn't mean that Spyre and UT didn't have some sort of merchandising deal regarding player related items but there isn't much wiggle room to improve a players % of the sale. NIL is a really popularity contest the more popular you are the more marketable you are, more events, more sponsors, etc. I think UT does a really great job helping players with NIL activities, even classes at Haslam College of Business but they can only do so much.
 
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#10
#10
uncle chewii said:
Time for all of the commissioners of the leagues to get together and get a grip on this NIL nonsense and transfer portal. Make these kids sign contracts or go to a set amount per your starting rank/position for all schools with incentive based riders like they do with the coaches. Also need to go to only one free transfer before you have to sit a year. This holding out junk is selfishness. I get that anything can happen and you not make millions but that is life and the risk everyone takes. I’m glad TN held their grounds and said goodbye because he wasn’t all that great as he had a decent OL and good receivers to throw too but he couldn’t hit them down field. This was all about money.
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Only Congress can grant an antitrust exemption though. Without an antitrust exemption the commissioners can't "get together" and do anything anymore than the NCAA can.
 
#12
#12
Won’t be surprised if TN moves to hire a GM to help Heupel like some programs are doing. As a coach this has to be so frustrating to deal with, and now I understand why some programs have moved in that direction.
 
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#13
#13
Agents don’t care about the kids’ futures and the kids aren’t mature enough to tell their agents “no” in most cases.
 
#15
#15
uncle chewii said:
Time for all of the commissioners of the leagues to get together and get a grip on this NIL nonsense and transfer portal. Make these kids sign contracts or go to a set amount per your starting rank/position for all schools with incentive based riders like they do with the coaches. Also need to go to only one free transfer before you have to sit a year. This holding out junk is selfishness. I get that anything can happen and you not make millions but that is life and the risk everyone takes. I’m glad TN held their grounds and said goodbye because he wasn’t all that great as he had a decent OL and good receivers to throw too but he couldn’t hit them down field. This was all about money.
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How many times do people that understand the legalities have to tell you and those like you that what you suggest violates federal laws and court decisions?

No AD or heads coach is going to prison to make you happy with going back to the NCAA's previous illegal exploitation model.
 
#16
#16
WillisWG said:
Pay for play is still prohibited, thank goodness, so UT couldn't give him the boost that was mentioned. This doesn't mean that Spyre and UT didn't have some sort of merchandising deal regarding player related items but there isn't much wiggle room to improve a players % of the sale. NIL is a really popularity contest the more popular you are the more marketable you are, more events, more sponsors, etc. I think UT does a really great job helping players with NIL activities, even classes at Haslam College of Business but they can only do so much.
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As if July 1, that is no longer the case if the House settlement goes through.

Direct athlete compensation totaling up ton$26 million has been tentatively approved as part of the revenue sharing degreement..
 
#18
#18
S.C. OrangeMan said:
As if July 1, that is no longer the case if the House settlement goes through.

Direct athlete compensation totaling up ton$26 million has been tentatively approved as part of the revenue sharing degreement..
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In Year 1, each school can share up to about $20.5 million with their athletes, a number that represents 22% of their revenue from things like media rights, ticket sales and sponsorships. Alabama athletic director Greg Byrne famously told Congress “those are resources and revenues that don’t exist.”

The settlement gives the NCAA and power conferences greater oversight over NIL deals. Every NIL deal worth $600 or more will have to go through a clearinghouse operated by the consulting firm Deloitte to ensure it's of fair market value
 
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#19
#19
I have read in more than one place that most of the NIL contracts are one year deals. This means the players involved renegotiate each year. I know they get reported things like "signed an $8 million dollar deal" which turns out to mean the one year deal was for $2 million and the reporter simply extrapolated it out to four years. Seems like things went sideways between Nico and UT over year 2 money. That's okay but if it is accurate most of the NIL deals are one and done the media needs to report them that way and not like they are 4 year deals.

I thought something was odd when Carson Beck left UGA and went so easily to Miami if he had signed a multiyear deal with the Dawgs at the time. Now it makes sense he was on a one year deal as well and took a hike. The media played it off like he left for his girlfriend. Ol Kirby was fine with that explanation being THE story but methinks (my opinion) now he wanted to short Beck's check and Beck told him to shove it. Kirby didn't want it reported he was being a cheap skate. Who wants to live in Athens, GA on a budget when they can live in Tuscaloser, Bama with all the bands of cash they want and can eat at Dreamland?
 
#20
#20
S.C. OrangeMan said:
How many times do people that understand the legalities have to tell you and those like you that what you suggest violates federal laws and court decisions?

No AD or heads coach is going to prison to make you happy with going back to the NCAA's previous illegal exploitation model.
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It is not illegal. This model does not keep the kids from making money from their name, image or likeness. This is strictly for them to play at the universities. The NIL is for endorsements for their sponsoring products but college sports is using this to recruit and pay kids. The transfer portal is still open for kids to move but that has not been deemed illegal for them to limit transfer spots. Leagues can prevent or block a kid from transferring to rival schools but they usually don’t.
 
#21
#21
uncle chewii said:
Time for all of the commissioners of the leagues to get together and get a grip on this NIL nonsense and transfer portal. Make these kids sign contracts or go to a set amount per your starting rank/position for all schools with incentive based riders like they do with the coaches. Also need to go to only one free transfer before you have to sit a year. This holding out junk is selfishness. I get that anything can happen and you not make millions but that is life and the risk everyone takes. I’m glad TN held their grounds and said goodbye because he wasn’t all that great as he had a decent OL and good receivers to throw too but he couldn’t hit them down field. This was all about money.
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The ncaa embodies all things corruption and stupidity. They're like the fed gov mini-me. The longer this goes the worse fans are gonna suffer.
 
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#22
#22
unfrozencvmanvol said:
Only Congress can grant an antitrust exemption though. Without an antitrust exemption the commissioners can't "get together" and do anything anymore than the NCAA can.
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Obviously you must not have negotiated much. The commissioners can get together as they do to discuss business. There is no salary cap or anything with the NIL as it is and it is becoming an anticompetitive environment so therefore they do have an argument to bring forth to the NCAA as a whole. The NCAA can’t stop them from getting g together and petitioning anything to them or congress.
 
#24
#24
imavolfan said:
One of the things that stood out to me in a few articles I read about the Nico saga was that his “Agents/Representatives” were negotiating Nico’s contract. I wouldn’t be shocked to find out it was his agent that advised him to sit out as a negotiating tool.

Do the agents get a cut of any increase their clients receive?

That is a bad formula as these agents will give bad advise to satisfy their own greed.
Click to expand...
You make a good point, that is being overlooked. There is a lot behind the scenes we don't know. Even then, in the NFL, you aren't actually negotiating a contract until after 4 years on your rookie deal. So not until you are 26+ yrs old. Nico is still young and may be getting tugged by multiple sides.
 
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#25
#25
uncle chewii said:
Obviously you must not have negotiated much. The commissioners can get together as they do to discuss business. There is no salary cap or anything with the NIL as it is and it is becoming an anticompetitive environment so therefore they do have an argument to bring forth to the NCAA as a whole. The NCAA can’t stop them from getting g together and petitioning anything to them or congress.
Click to expand...
I've just practiced law for 2 decades so no I've not negotiated much. Lol. Not gonna waste my time with you.
 
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