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Question about NIL
Posted on 12/21/21 at 8:33 am
Posted on 12/21/21 at 8:33 am
When I read that Quinn Ewers signed a 1.4 million dollar NIL deal at Ohio State, does he still collect that money and the money from his other deal at Texas?
5
Posted on 12/21/21 at 8:36 am to Tigerfan787
Sure, let me just pull up the terms of that contract real quick. I'm sure it's public record.
Posted on 12/21/21 at 8:45 am to Tigerfan787
quote:
When I read that Quinn Ewers signed a 1.4 million dollar NIL deal at Ohio State, does he still collect that money and the money from his other deal at Texas?
If he kept up his end of the deal then yes. If the agreement was you sign these autographs and we pay you this money then he signs those autographs they have to pay him that money. The NIL deal is tied to the player’s name, image, and likeness. Has nothing to do with the school.
Posted on 12/21/21 at 8:51 am to Tigerfan787
NIL is similar to Schrodinger's Cat.
Until you observe it, what it really is can not be measured, defined, and the possibilities of what it really is only a probability.
Until you observe it, what it really is can not be measured, defined, and the possibilities of what it really is only a probability.
Posted on 12/21/21 at 9:33 am to geauxtigers33
quote:
The NIL deal is tied to the player’s name, image, and likeness. Has nothing to do with the school.
In Ewers case, this is true. However, I don't think that applies to all NIL deals. Each one would be an individual contract with specific stipulations. I can't see a Ford dealership continuing to pay a former Bama player NIL money if he transferred to Georgia. I'm certain there are clauses in those contracts for any local companies offering NIL deals to athletes.
Posted on 12/21/21 at 9:49 am to Crusty
quote:
I can't see a Ford dealership continuing to pay a former Bama player NIL money if he transferred to Georgia. I'm certain there are clauses in those contracts for any local companies offering NIL deals to athletes.
The clauses can’t say anything about X player playing for Y school. At least they aren’t supposed to.
If I had to guess most of the deals are a flat rate for doing a certain thing to avoid the exact scenario you are talking about.
Posted on 12/21/21 at 9:55 am to geauxtigers33
I also suspect that NIL deals have as much reality as NFL contracts when it comes to the difference between the reported income and the actual income.
Nothing like the guaranteed deals in baseball and basketball.
There are also super easy ways to work around this if a guy transfers or is a complete bust.
Nothing like the guaranteed deals in baseball and basketball.
There are also super easy ways to work around this if a guy transfers or is a complete bust.
Posted on 12/21/21 at 9:56 am to geauxtigers33
It was a 3 year deal. He likely got paid for work he did during the time he was there. Probably made a good 400k.
Posted on 12/21/21 at 11:23 am to Tigerfan787
NIL board
Posted on 12/21/21 at 12:03 pm to geauxtigers33
quote:
If I had to guess most of the deals are a flat rate for doing a certain thing to avoid the exact scenario you are talking about.
It's that simple. We will pay you X amount per appearance, autograph, stool sample, etc. at the convenience of both parties with an escape clause based on availability and possibly marketability/interest regarding said service.
Just a guess
So if the provider deems no one wants your autograph, no more autograph sessions/NIL money for you
Posted on 12/21/21 at 2:33 pm to Tigerfan787
Yeah I doubt they gave him all that money up front. Probably was stipulated that he would receive payments periodically based on nil performance.
Posted on 12/21/21 at 3:48 pm to geauxtigers33
Unless there is a timeline and amount of appearances attached, then some money may have to be forfeited. Not saying there were those type of stipulations but if the person(s) putting up the money is smart, I would definitely want to protect my “investment”.
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