johnnytsunami01
Sophomore
- Joined
- Nov 28, 2012
- Messages
- 2,973
So 247 put out a video talking about the NIL and how it would effect college football. The thing that stood out was that he stated that companies would start a "legitimate recruiting fund" for the universities.
Companies will give the university lets say $300,000/year and then the coaches will go to the recruits and say that if they sign with their school they will get X amount of money for promoting the company. It won't be just one company putting their money in their fund, but multiple and athletes could make some serious dough out of this.
I always thought companies would wait till the star players separate themselves, but this could be a great way for smaller companies to lock in some promotion and could help everyone get paid.
Companies will give the university lets say $300,000/year and then the coaches will go to the recruits and say that if they sign with their school they will get X amount of money for promoting the company. It won't be just one company putting their money in their fund, but multiple and athletes could make some serious dough out of this.
I always thought companies would wait till the star players separate themselves, but this could be a great way for smaller companies to lock in some promotion and could help everyone get paid.