More NIL Conversation: OSU Meets Community Business Leaders

[Hoyacane1620]

Good read.

Ohio State believes it needs $13 million in NIL money to keep its football roster together: Doug Lesmerises

Ryan Day and Gene Smith spoke to about 100 members of the Columbus business community on Thursday about a new NIL program.

www.cleveland.com

Day said the Buckeyes have been gathering information by talking to recruits and their families and getting a sense of what other schools might be discussing with NIL deals. He said he believes right now top-shelf quarterbacks require $2 million in NIL money. Major offensive tackles and edge rushers he said are about $1 million.

 

[Pawlkerson]

These conversations are essential for understanding how NIL will affect both college athletes and the broader business community.

 

[TheOriginalCane]

It's great to see Ohio State University engaging with community business leaders to discuss Name, Image, and Likeness (NIL) policies.

Is this @Tony4Miami 's new screen name?

 

[Tony4Canes]

Is this @Tony4Miami 's new screen name?

****. Can't believe I missed this last year. Miami doing this to keep up??

 

[TheOriginalCane]

****. Can't believe I missed this last year. Miami doing this to keep up??

No, we aren't doing anything. That's what you Columbus, OH residents like to hear, right?

 

[AvySobby]

It's great to see Ohio State University engaging with community business leaders to discuss Name, Image, and Likeness (NIL) policies.
You can check out successionresource.com. They provide expert business valuation services that can help business owners plan for the future and maximize the value of their company.

 

[GojiraCane]

Good read.

Ohio State believes it needs $13 million in NIL money to keep its football roster together: Doug Lesmerises

Ryan Day and Gene Smith spoke to about 100 members of the Columbus business community on Thursday about a new NIL program.

www.cleveland.com

Day said the Buckeyes have been gathering information by talking to recruits and their families and getting a sense of what other schools might be discussing with NIL deals. He said he believes right now top-shelf quarterbacks require $2 million in NIL money. Major offensive tackles and edge rushers he said are about $1 million.

It will be ten times that amount - minimum - within 15 years. You already would have had a drastic wage escalation had Florida not pulled Rashada's deal.

It could easily devolve into the situation that the NBA faced in the early 1990s. Rookie wages began to explode over just a few years, with "Big Dog" Glenn Robinson seeking $100M on his rookie contract ($204M in today's dollars). The Bucks owner famously quipped that he should just give the franchise instead to Robinson. The pressures led to the imposition of a rookie wage scale later that decade, and the imposition of a maximum salary in 1999.

Remembering When #1 Pick Glenn “Big Dog” Robinson Signed The Biggest Rookie Contract Ever

College beast and #1 pick of the 1994 NBA Draft, Glenn Robinson, wanted to become the first $100…

ballislife.com

Without collective bargaining, there's no way to dampen wage escalation in college football. Ohio State, Texas, or some other school is going to be paying a quarterback $100M over four years before we know it.