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Name, Image, & Likeness (NIL) at tOSU

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ScriptOhio said:
Hey, I'm all for it (i.e. some degree of control). Hindsight is 20/20. It's really unfortunate that the NCAA/Conferences/Schools didn't realize that being a student-athlete is pretty much a full time 52 week a year job. Even though their playing season only may last one semester; they spend a lot of hours practicing/or working out the other semesters too. The modest amount of meal and laundry money the student athletics had been getting just didn't cut it. With their academics, sports, and some a personal/social life; they really don't have time for another job to earn any spending money. Had some of the money the schools reaped in from the revenue producing spots should have been paid the student athlete to help cover some of his/her personnel expenses; maybe this era we are in of the "NIL bidding war" could have been prevented.

Anyway, screw the Dave Biddles and Jeff Snooks (whoever they are) as well as the other sleezy elements of the world. I just think that it will now be a near impossible task to get the NCAA, and all the conferences and (independent) schools to collectively agree to anything, let alone something this big. Even if they did some lawyer would undoubtedly take it to court and who knows how that would come out?
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Or had the NCAA taken the two year warning they were given and actually worked out a lot of these issues in advance rather than trying to prevent it in any form and then, at the last second, taking it to the Supreme Court where they literally tee'd up the inevitable anything goes decision that got rammed up their ass. Nothing I'm saying here is in support of or a defense of the NCAA.
 
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In case this discourse evolves into a bit of academic smack: U of Alabama's endowment sits at a little more than $1.5B.

Academic rankings
National
ARWU[48] 134-154
Forbes[49] 252
THE/WSJ[50] 401-500
U.S. News & World Report[51] 148
Washington Monthly[52] 344
Global
ARWU[53] 501-600
QS[54] 801–1000
THE[55] 601–800
U.S. News & World Report[56] 419
In fiscal year 2021, sponsored awards totaled $171 million, a 1.6% increase over the previous year.

U of Georgia's endowment sits at $1.3B

Academic rankings
National
ARWU[205] 66–94
Forbes[206] 99
THE/WSJ[207] 147
U.S. News & World Report[208] 47
Washington Monthly[209] 104
Global
ARWU[210] 201–300
QS[211] 541-550
THE[212] 401–500
U.S. News & World Report[213] 290
According to the National Science Foundation, the university spent $453 million on research and development in 2018, then ranking it 57th in the nation,[246][247] spent $495 million on R&D in fiscal year 2020,[248] and the latest report by The Center for Measuring University Performance ranked the University of Georgia 37th among the top research universities in the nation.[249] The university has increased overall research and development funding by 41% since fiscal year 2013.[248]

Ohio State University's Endowment Fund sits at $6.8B

Academic rankings
National
ARWU[30] 42-56
Forbes[31] 121
THE/WSJ[32] 100
U.S. News & World Report[33] 49
Washington Monthly[34] 98
Global
ARWU[35] 101-150
QS[36] 120
THE[37] 80
U.S. News & World Report[38] 45



Ohio State's research expenditures for the 2019 fiscal year were $968.3 million.[54] The university is among the top 12 U.S. public research universities and 3rd among all universities in industry-sponsored research (National Science Foundation). [55] It is also named as one of the most innovative universities in the nation (U.S. News & World Report) and in the world (Reuters).[55] In a 2007 report released by the National Science Foundation, Ohio State's research expenditures for 2006 were $652 million, placing it 7th among public universities and 11th overall, also ranking 3rd among all American universities for private industry-sponsored research.

Reach your own conclusions. My statement would be that Georgia is exercising some academic/research muscle.
 
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jwinslow said:
Oh I agree. I'm trying to figure out what the grounds are to claim these donations are deductions.
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Disclaimer that I am NOT a non-profit guy, but it seems like their angle is: "we accept donations in order to pay celebrities to perform services for charitable organizations, ergo we are also a charitable organization as we are acting as an intermediary organization on behalf of the charity". I can't speak to whether or not that will pass muster with the IRS.
 
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ScriptOhio said:
NCAA is now a worthless organization with no rules and/or enforcement regarding the athlete's benefits. The conferences can't collectively agree on anything. Even if they could a standard conference policy may be impossible because of the different state laws. Every school will do whatever they can to get a competitive advantage. So which school do you think the top rated recruits would want to go to?

a) Recruit/football player has to sign "an employment contract" to play football at Ohio State and gets "standard salary" but no NIL deals.

b) Recruit/football player does not have has to sign "an employment contract" to play football at Texas A&M and can easily get 6 figure (or more) NIL deals.
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This is exactly where colleges were in 1906 when T. Roosevelt threatened to have the government step in. Not wanting the burden, the college's allowed the NCAA to become the governing force. They have since whittled away at the NCAA until it's almost toothless. BUT NIL may bring about a change of heart as I don't think colleges are anymore ready to tackle governing sports now that they were then.
 
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Jaxbuck said:
Lots of details to be worked out obviously but I agree, this is the closest thing to the old structure that we are used to where the football team is part of the university.



I'm not as worried about calling it what it is and that's a money maker. It funds other sports, gives back to the school, etc etc etc. I kind of like stripping away all the bullshit pretense and false narrative about doing it for dear old U and the like. I'll leave the racoon coats and the myths of scholar athlete to the DFBIA.

You could just as simply work out a licensing deal between the Ohio State University and newCo football team inc for use of the name, stadium, colors, logo etc. It would relieve all the need for excessive rules and enforcement of those rules.

The semi pro NFL minor League has two dozen or so of the current heavy hitters in CFB and the rest who want to play more of a club level of football can go do so under the old model if it makes them feel better.
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Laid it out beautifully. NIL is worth it if I don't have to see another ridiculous Tat 5 scandal or Chase Young getting suspended 3 fucking games for taking a $1200 loan or whatever.
 
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sammyjenkis said:
But, you would pronounce it "thuh" foundation. Why not The Ohio State Foundation or something like that?
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Aside from a desire in keeping the university at arm's length from NIL slush funds, there already is an Ohio State University Foundation. It's the main fundraising arm of the university and manages the endowment.
 
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ORD_Buckeye said:
Which is why I think this will be a transitory "wild west" period that will ultimately give way to a paid-to-play employee basis. Once the players become paid employees under contract, the structure and control will be put back into place.

An employee under contract has no right to sell himself on the side to the highest bidder (particularly if that bidder might not have the best interests of the employer in mind) if the contract prevents that.

I hope there's a way out of this because if college football is going to be handed over to the Dave Biddles, Surly Horns NIL funds and aggy jizz jars, I'm out. At that point, let the B1G and PAC schools go the way of Chicagoand the Ivies.
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200.gif


That didn't take long. There was no way that multi-billion dollar institutions were going to turn this over to the Dave Biddles and Surly Horns of the world.

https://www.cbssports.com/college-f...aying-college-athletes-is-officially-upon-us/
 
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ORD_Buckeye said:
200.gif


That didn't take long. There was no way that multi-billion dollar institutions were going to turn this over to the Dave Biddles and Surly Horns of the world.

https://www.cbssports.com/college-f...aying-college-athletes-is-officially-upon-us/
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A couple of thoughts

1) This is basically where I am at as a business guy:
Partnering with players may be the best option available as the corner college athletics has backed itself into looks more like a strait jacket. An NIL bill isn't likely to emerge from a divided Congress representing a divided country anytime soon. Unions won't work in some states because of right-to-work laws.

So, why not explore revenue-sharing and group licensing agreements? Those are currently against NCAA rules, but a meaningful version of the NCAA may not exist in a few months. Now that a new constitution is set to be ratified, there is a significant business of deregulation.

To rely on Congress to oversee and regulate athletics seems lazy. Several sources shared a be-careful-what-you-wish-for warning regarding potential federal intervention.

"If Congress is going to get involved, they're going to take away nonprofit status from [schools] that are giving $10 million salaries," one FBS AD said. "There is no nonprofit in the world that would be allowed to be a nonprofit with $10 million at the top of their food chain."
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2) Fuck this guy, and everyone like him right square dead in their pretentious ass
"We're going to unionize football," a dour Pittsburgh coach Pat Narduzzi predicted this week. "Take 20 guys [in recruiting] out of high school. Only 10 are any good. We're going to cut the other 10? If you want to start talking money, we're going to start cutting players. It's going to become a business."

A business you say cockbreath?

upload_2022-1-21_23-58-10.png

Go coach high school football and teach gym for 50K a year then motherfucker.

Yeah, I didn't think so.
 
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