Hairy Vols
Volunteer-in-Chief
- Joined
- Feb 17, 2015
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Let's say I'm a decent QB and after 3-4 years have $4million. I'd think hard about a modest home for cash. And ponder whatever else I wanted while drawing $125K+/annually from an interest bearing account. While owning my home in my mid-20's. Are you kidding me?An interesting unintended consequence. If you are a quarterback who has spent 3 or 4 years receiving multiple millions, you might want to think hard about “what do I do next?’
However, only a few players receive life changing money as a result of NIL.
This. The schools, agents, lawyers, etc do not want to call it what it is. Using a pay “salary” cap doesn’t require a congressional act. Anybody anywhere can earn money from NIL. Whoever thought of using the term NIL was the genius. Get paid for that and you can’t cap it. Call it a pay scale and you can limit it, just as long as the athlete can additionally sell their name, image, likeness. Maybe 1 athlete in a thousand has created an image that is worth In the thousands for some company using them.The NFL has a salary cap. Not a cap on what players can make when it comes to NIL and self marketing. I've never heard of a restriction on endorsements. You are confusing the two as synonymous entities.
See Major League Baseball! That happens all the timeIn a sports team setting, pay for play salaries (which will happen eventually) will need to be standardized across the country. If they arent... players will simply go to X school because they pay more and its and endless, increasing, scale. This would literally cut the teams in p5 football to about 3 or 5. This is why the NFL has a salary cap. Think of the MLB. You have 2/3 teams now that will win the WS going forward because they pay more than anyone. See LA.
Now... any NIL money paid to the individual player can vary because the player is getting paid specifically for the use of his name, image, likeness, endorsements, etc.
The NFL salary cap is a cap on what the team can pay. There is no specific cap on and individual can make, especially when bonuses are added to a salary.This. The schools, agents, lawyers, etc do not want to call it what it is. Using a pay “salary” cap doesn’t require a congressional act. Anybody anywhere can earn money from NIL. Whoever thought of using the term NIL was the genius. Get paid for that and you can’t cap it. Call it a pay scale and you can limit it, just as long as the athlete can additionally sell their name, image, likeness. Maybe 1 athlete in a thousand has created an image that is worth In the thousands for some company using them.
