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Look Who's Transferring Now (The Portal)

Yep in fact it was from a university system investment fund in fact heavily disincentivizes that. Let alone the structure gave them not a voting interest which basically meant there was no mechanism to do so.
Exactly. The were in line to be a financial sponsor not an operating one. They had a profits interest in a separate company. Zero recourse to any university assets.
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Look Who's Transferring Now (The Portal)

Well as we went through many times, that’s like saying they are scared of the monster under the bed.

The proposed structure simply didn’t feed into that narrative at all.
Yep in fact it was from a university system investment fund in fact heavily disincentivizes that. Let alone the structure gave them not a voting interest which basically meant there was no mechanism to do so.
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Look Who's Transferring Now (The Portal)

Everyone as in fans mostly. It's people associate private equity with fucking shit up in the name of profits. Doesn't have to be but most people have a negative connotation of PE where they core out an out a thing and leave a rotting shell in the name of profits.
Well as we went through many times, that’s like saying they are scared of the monster under the bed.

The proposed structure simply didn’t feed into that narrative at all.
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Look Who's Transferring Now (The Portal)

Could be but it doesn’t have to be that exact set up.

Define “everyone” though. If you mean the message boards then whatever, from what I saw of the comments 99% of the haters don’t really understand it. If you mean the schools, then it’s tbd. They had a very specific objection that can be worked on.
Everyone as in fans mostly. It's people associate private equity with fucking shit up in the name of profits. Doesn't have to be but most people have a negative connotation of PE where they core out a out a thing and leave a rotting shell in the name of profits.
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Look Who's Transferring Now (The Portal)

So basically the private equity deal that every one hates is probably the first step to that.
Could be but it doesn’t have to be that exact set up.

Define “everyone” though. If you mean the message boards then whatever, from what I saw of the comments 99% of the haters don’t really understand it. If you mean the schools, then it’s tbd. They had a very specific objection that can be worked on.
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Lebron James (Los Angeles Lakers)

Richard Jefferson's take on Lebron James when they both played for Cleveland....

Richard Jefferson said playing with LeBron "sucks": "Mess up a play, and he's like, 'motherf—er, what are you doing?"​

e3b1edfb6a64e9183696a5c120c6ae06


Richard Jefferson only played two seasons with LeBron James and the Cleveland Cavaliers. However, LBJ's impact on RJ is lasting. In fact, Jefferson still remembers how it felt to be James' teammate.

According to RJ, playing on the same team with LBJ depends on a player's mindset and attitude. For those who aren't as disciplined and determined as James, it's not fun. On the other hand, it's the opposite for those who have the same goal and work ethic as LeBron.

"Playing with LeBron sucks because you're trying to win a championship," Jefferson said on an episode of the "Road Trippin" podcast. "He is one of the most competitive human beings in the history of American sports and sports in general. Does it suck when you're showing up and he's already been practicing for four hours, and you're like 'oh s—t.' When he's watching film, and you mess up a play, and he's just like, 'motherf—er, what are you doing?"

Jefferson was already on his way out when he joined the Cavs in 2015. The timing was perfect for an aging veteran, as James was on a mission to fulfill his promise, and that was to give Cleveland a championship in his return.

"Which version is the best? Is it the Lakers in 2020? Is it the Miami LeBron? Or Cleveland? Let me tell you this — the Cleveland LeBron; the Cleveland LeBron, those couple of seasons. That was the best basketball I've ever seen a player play in my entire life," Jefferson said.

"The greatest play that I've ever seen — it's the block. It's the block because that's Game 7, he's played every minute, it's the last possible game, it's the last possible minute, and he does an athletic feat of sprinting back. Split-second late and that's goaltending, and it's like, this dude led the series in points, rebounds, assists, steals, blocks — in EVERY category,"he added.

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Look Who's Transferring Now (The Portal)

I've been laying out the only logical solution I can see for a couple of years now.

Teams-->form league-->teams employ players--> players unionize/CBA

To get that ball rolling, I don't see how you can avoid splitting the teams off into a separate legal entity that has a license deal with the schools to use the team name, colors, logos, stadium etc.

A professional sport just can't stay inside of the academic shell (Title IX/federal funding) anymore.
So basically the private equity deal that every one hates is probably the first step to that.
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Look Who's Transferring Now (The Portal)

No one is leaving mid season besides trades in the pros cause of collective bargaining. A pure free market people can do whatever the fuck they want. No one wants that. Well maybe some of the kids and their agents do. Imagine Penn State this year and half their players are negotiating deals mid season cause their team fell apart.

Yeah I think that's why they are basically begging congress to step in since like 2020

I've been laying out the only logical solution I can see for a couple of years now.

Teams-->form league-->teams employ players--> players unionize/CBA

To get that ball rolling, I don't see how you can avoid splitting the teams off into a separate legal entity that has a license deal with the schools to use the team name, colors, logos, stadium etc.

A professional sport just can't stay inside of the academic shell (Title IX/federal funding) anymore.
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Look Who's Transferring Now (The Portal)

No one is leaving mid season and we have had a couple of different MLB players recently threaten to sit out the post season if they were traded somewhere without getting the contract extension they wanted.

I think the sport will be fine, it's the people in the business of sports (especially this bold new world of college sports) that are going to have to come to grips with the reality that the players have the leverage.

To future cast a little bit on your point of a CBE...that is the step after the league forms, is the only employer for your skill set and gets some kind of anti trust exemption as I understand it (not a lawyer). If kids don't form a union, the owners can collude, limit pay and just cut the kid off from the herd. You'll take what we offer because there is no other game in town kind of thing. Google, Amazon etc can't do that
No one is leaving mid season besides trades in the pros cause of collective bargaining. A pure free market people can do whatever the fuck they want. No one wants that. Well maybe some of the kids and their agents do. Imagine Penn State this year and half their players are negotiating deals mid season cause their team fell apart.

Yeah I think that's why they are basically begging congress to step in since like 2020
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Look Who's Transferring Now (The Portal)

I mean there are many good reasons this model doesn't work for sports. I mean how long would the NFL survive. If Patrick Mahomes could have left for the Seahawks mid season etc etc.

There needs to be some form of contractual compromise for sports to work as whole. Usually that ends in collective bargaining with enforceable rules and contracts. But I'm not sure you will get enough kids to agree when the courts basically have said it's like Google Amazon etc.. why would they give that up and how would you even collectively bargain when makeup of your sport changes so rapidly. What happens 2 years after a contract is struck and it's all new kids and they don't agree with what their forebearers agreed to?

No one is leaving mid season and we have had a couple of different MLB players recently threaten to sit out the post season if they were traded somewhere without getting the contract extension they wanted.

I think the sport will be fine, it's the people in the business of sports (especially this bold new world of college sports) that are going to have to come to grips with the reality that the players have the leverage.

To future cast a little bit on your point of a CBE...that is the step after the league forms, is the only employer for your skill set and gets some kind of anti trust exemption as I understand it (not a lawyer). If kids don't form a union, the owners can collude, limit pay and just cut the kid off from the herd. You'll take what we offer because there is no other game in town kind of thing. Google, Amazon etc can't do that
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Look Who's Transferring Now (The Portal)

ok, well you are back to the original spot of limiting how/how much a player can get for their NIL then.

That door is already closed. You can't do it. The NCAA has shit to do with it.

If I am a contractor doing work for Google and someone from Apple wants to pay me more and is willing to bonus me the cost of breaking my agreement with Google....you want to have some enforcement over that? I'm supposed to have my earning potential limited?

It's just a legal contract. The player hasn't been sold to the entity that pays him for the use of his NIL. The only recourse is whatever is written in the contract.
I mean there are many good reasons this model doesn't work for sports. I mean how long would the NFL survive. If Patrick Mahomes could have left for the Seahawks mid season etc etc.

There needs to be some form of contractual compromise for sports to work as whole. Usually that ends in collective bargaining with enforceable rules and contracts. But I'm not sure you will get enough kids to agree when the courts basically have said it's like Google Amazon etc.. why would they give that up and how would you even collectively bargain when makeup of your sport changes so rapidly. What happens 2 years after a contract is struck and it's all new kids and they don't agree with what their forebearers agreed to?
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