Ryan Day Comments on NIL

[Shogungts]

But that's not at all what's actually happening. I'm getting really, really tired of people defended NIL by saying, "players are finally able to make money off their name". Texas A&M boosters paying players directly to come play football there is not a player making money off his name. That's a school paying a player a salary. Did LeBron James sign a salary contract with the LAL or did he sign an NIL deal? He has an NIL deal with Sprite, he is employed by the Lakers.

Everyone needs to acknowledge two different things are happening right now. There's actual NIL deals going on, where players and companies are benefiting financially from the deal and then there's schools just straight paying players through boosters. There's a reason that every professional sports organization has either a salary cap or penalties for going over a set threshold that get shared. Everyone arguing that we should just let everyone do whatever they want and not regulate this is going to be very unhappy with the result.

Agreed and I think that most people would prefer that there were some type of way to limit this, the problem is that there currently doesn't seem to be anyway to do so w/o making the kids employees. The reason those leagues have salary caps is the players are employees and they can negotiate with them.

 

[Shogungts]

So you’re against everything Ruiz is doing? Lol. Let me burst your bubble, my dude, kids have been paid to sign with schools for nearly 50 ******* years. NIL gives everyone a shot to get kids. Miss me with this narrative.

Regardless on how people feel about NIL and 'pay to play', everyone who is saying that Ruiz is ok, but what A&M and Tenn are doing is cheating...

Maybe in the pure technical sense of meeting the rules since Ruiz has a real company and then puts these kids in commercials, but let's not kid ourselves here... the reason he is doing this is to get kids to come to Miami.

 

[OriginalCanesCanesCanes]

I think a good portion of the NIL money would have been earmarked for donations, but is being reallocated to the kids instead of the school. I don't think it's incremental.

I am not so sure about the first part. These $EC and bigtime bag schools that were (are?) paying these kids under the table through different booster organizations who are now putting some/most of that $$$ into collectives under the guise of NIL obviously weren't donating that $$$ to the schools (they were using it for bags). And guys like Ruiz, who appear to be legitimately interested in the prospect of some (even marginal) ROI on their NIL dollars, likely have a higher budget for NIL than they would for straight donations.

So I think it's fair to say a good portion of this money is either: (1) money that wasn't reaching the schools anyway; or (2) "new" money. That said, I am sure there is some $$$ that would have been donated to the various athletic departments of the schools, but for NIL (and which is no longer being donated to those schools and being directly paid out to the players). Either way, the schools (and especially the NCAA) are getting a big discount over directly paying the kids any sort of market rate themselves.

You both made good points. As far as NIL money being earmarked for donations but reallocated to players, that may be more true for schools like Miami than it would be for SEC schools.

 

[Empirical Cane]

National College Football League after the rebrand.

Or replace National with International if they have European aspirations.

'FƏK YEAH!

Bring on those Universitè du Paris Fighting Crepes!

 

[Hurracanes]

I’ll be that guy. Hoy take!

Most of the fans who are against the NIL deals are literally hating these kids for making so much money on the side. If they were making $50k, then it wouldn’t bother them. The fact players are earning, 6 figures or over a million, makes the NIL “insane.” Get over it and count your lucky stars Miami is about to maximize this opportunity. It’s called capitalism.

 

[Rickd]

So you’re against everything Ruiz is doing? Lol. Let me burst your bubble, my dude, kids have been paid to sign with schools for nearly 50 ******* years. NIL gives everyone a shot to get kids. Miss me with this narrative.

Looks like you're reading comprehension skills are lacking. RUIZ IS THE ONLY ONE SO FAR THAT IS DOING IT CORRECTLY .... his NIL program is based on USING A COMPANY WITH A PRODUCT to pay athletes to ENDORSE HIS PRODUCT .... Life Wallet. Other NIL efforts being fielded are for the most part, simply COLLECTIVES which are funneling funds from a variety of boosters to PAY RECRUITS TO SIGN, like the Tennessee $8 million for the QB...play for pay. You should read a comment before you critique it.

 

[GojiraCane]

I’ll be that guy. Hoy take!

Most of the fans who are against the NIL deals are literally hating these kids for making so much money on the side. If they were making $50k, then it wouldn’t bother them. The fact players are earning, 6 figures or over a million, makes the NIL “insane.” Get over it and count your lucky stars Miami is about to maximize this opportunity. It’s called capitalism.

I’m very selfish when it comes to this space. I don’t care if Rashada commands $200M per year.

As long as Miami can compete and dominate in this new era.

 

[RedSquare]

All economic systems are disasters, the perfect market & perfect system doesn’t exist.

i would say partly false on former, and mostly true on latter.

although there is such a thing as a "perfectly competitive market."

in economics, it's where market participants are selling commoditized goods, there is no friction to entry, and scale (market share) of any one participant cannot control market pricing. an example would be something like the market for farming and sale of corn.

(just saying).

 

[RedSquare]

Say it again for the ppl in the back.

Again, THIS IS NOT WHAT NIL WAS SUPPOSED TO BE ABOUT.
-It was to stop prohibiting kids from earning $$ from their name, image, or likeness if their name, image, or likeness was used for any monetary value benefiting anyone besides said athletes.

-It was imposed to allow kids to be compensated w/o penalty if they were offered an opportunity to make $$ off of sold memorabilia w/ their name on it.

-It was supposed to allow them to be featured in a commercial & paid for their appearance.

-It was meant to allow said athletes an opportunity to get a piece of the merchandise sales schools receive when items w/ their image or name is on it.

-If a gaming company were to use their likeness to promote a game, product, etc., said student athletes were to be compensated.

THAT’S the nature of NIL. This chit as it currently structured is just boosters being pleaded w/ to openly pay kids on rosters (which is still pay for play) or transfer/HS recruits (again, pay for play).

It’s total horse chit.

you're not wrong.

but i despise the NCAA so much, and loathe pathetic sh*t stains like Mark Emmert and what they have done to college athletics, that part of me is rooting for NIL to be the last nail in their coffin. if the loss of control and the chaos and the lawsuits lead to the complete destruction of the NCAA, then so be it.

something better (hopefully) will rise from the ashes because believe me, it can't be worse.

 

[Rellyrell]

you're not wrong.

but i despise the NCAA so much, and loathe pathetic sh*t stains like Mark Emmert and what they have done to college athletics, that part of me is rooting for NIL to be the last nail in their coffin. if the loss of control and the chaos and the lawsuits lead to the complete destruction of the NCAA, then so be it.

something better (hopefully) will rise from the ashes because believe me, it can't be worse.

I would argue this lack of direction on issues, along w/ the NCAA’s hands off approach have made conferences & fan bases alike looking towards them for a solution. It makes me feel like they wanted anarchy for ppl to be like, “aren’t u going to step in”, thus reaffirming their importance.

I remember when the LA Riots happened, one of the central areas was right around the corner from me. Til this day, I still recall armed Nat’l guards standing there w/ military issued riffles & a F’ing tank on the corner of the street. However, I also vividly remember one shop owner thanking them & a sly remark was made in the gist of ‘this is what u wanted & we’re here to undue ur wants.’

W/ Emmert getting fired, I mean stepping down, I would hope his successor would take this history lesson in ineptitude & make sure NIL is reviewed & appropriately adjusted to the spirit of what it was intended for. However even w/ that being said, this all could’ve been avoided many moons ago, so the end results of being dogmatic & archaic in their approach to this institution is where we are. I’ve always been taught, be proactive & not reactive, that’s how u get ur @$& knocked out.

 

[hurricaneman]

Do you want the NCAA to regulate this?

Somebody needs to regulate it, whether currently existing or not yet existing. College football is basically a completely different entity now so I'm not sure the NCAA even has a place in this landscape. The conferences and schools need to come up with a solution together.

 

[Canedude08]

I’ll be that guy. Hoy take!

Most of the fans who are against the NIL deals are literally hating these kids for making so much money on the side. If they were making $50k, then it wouldn’t bother them. The fact players are earning, 6 figures or over a million, makes the NIL “insane.” Get over it and count your lucky stars Miami is about to maximize this opportunity. It’s called capitalism.

I've said it once and I'll say it again, the ONLY reason most people have a problem with NIL is because the field hands are getting paid, period. No one had this energy when coaches were getting MILLIONS to coach college sports. In a lot of cases, mediocre coaches are making significantly more than their NFL counterparts. Let that settle in. No one had anything to say when a college coach was the highest paid state employee for **** near every state. No one had anything to say when mediocre college football coaches started getting paid more than anyone they report to. Wonder why?

The fact that these student athletes have been undervalued for decades is now out in the open. The days of 100 dollar handshakes are over, because it's now beyond obvious that these young people are worth significantly more. I'll never have a problem with someone who is working their *** off getting paid a fair market wage.

 

[Hurracanes]

I've said it once and I'll say it again, the ONLY reason most people have a problem with NIL is because the field hands are getting paid, period. No one had this energy when coaches were getting MILLIONS to coach college sports. In a lot of cases, mediocre coaches are making significantly more than their NFL counterparts. Let that settle in. No one had anything to say when a college coach was the highest paid state employee for **** near every state. No one had anything to say when mediocre college football coaches started getting paid more than anyone they report to. Wonder why?

The fact that these student athletes have been undervalued for decades is now out in the open. The days of 100 dollar handshakes are over, because it's now beyond obvious that these young people are worth significantly more. I'll never have a problem with someone who is working their *** off getting paid a fair market wage.

Exactly. They see a team like OSU need 14 million (I doubt that number is accurate) for them to help the players avoid transferring (free country) and they think everything is insane. You can’t put a limit to how one can earn even if you feel it’s ridiculous or a bad investment.

 

[Rickd]

I've said it once and I'll say it again, the ONLY reason most people have a problem with NIL is because the field hands are getting paid, period. No one had this energy when coaches were getting MILLIONS to coach college sports. In a lot of cases, mediocre coaches are making significantly more than their NFL counterparts. Let that settle in. No one had anything to say when a college coach was the highest paid state employee for **** near every state. No one had anything to say when mediocre college football coaches started getting paid more than anyone they report to. Wonder why?

The fact that these student athletes have been undervalued for decades is now out in the open. The days of 100 dollar handshakes are over, because it's now beyond obvious that these young people are worth significantly more. I'll never have a problem with someone who is working their *** off getting paid a fair market wage.

I disagree with the premise that people are concerned about NIL because "the field hands are getting paid". THAT is not an issue. The ISSUE is that it is now legal for the schools with the deepest pocket boosters to simply buy the top 250 recruits each year. Oil money supported programs like Texas and TAM, and a couple of select programs like Bama, Tn., LSU, might simply be purchasing the top 100 players each season with a crazy level of remuneration, making it virtually impossible other programs to compete. THE SOLUTION ... is for some set of rules / regulations that are identical in EACH STATE. Right now each state has different regulations, some permitting schools and coaches to be directly involved in directing players to NIL offers, other states like Florida prohibit that involvement.

 

[YLCANE]

I don’t know the solution….. but to play devils advocate, how would everyone feel right now if Ruiz wasn’t a UM guy but was a gaytor? And we didn’t have the ammo that we currently have? My bet is that many would think system is broke etc…

I question the sustainability of it all, but I’m happy as **** UM is in the game finally!!

 

[SayWhat]

Say it again for the ppl in the back.

Again, THIS IS NOT WHAT NIL WAS SUPPOSED TO BE ABOUT.
-It was to stop prohibiting kids from earning $$ from their name, image, or likeness if their name, image, or likeness was used for any monetary value benefiting anyone besides said athletes.

-It was imposed to allow kids to be compensated w/o penalty if they were offered an opportunity to make $$ off of sold memorabilia w/ their name on it.

-It was supposed to allow them to be featured in a commercial & paid for their appearance.

-It was meant to allow said athletes an opportunity to get a piece of the merchandise sales schools receive when items w/ their image or name is on it.

-If a gaming company were to use their likeness to promote a game, product, etc., said student athletes were to be compensated.

THAT’S the nature of NIL. This chit as it currently structured is just boosters being pleaded w/ to openly pay kids on rosters (which is still pay for play) or transfer/HS recruits (again, pay for play).

It’s total horse chit.

All of this.

It's also lost on so many.

This is currently pay for play and I'm sorry, but some of the numbers being thrown out are not an investment that will make money for those paying.

We very well do well in the current market, but it doesn't mean it isn't horse****. It's pay for play, nothing else.

 

[gcane44]

People just love being shook and to complain and vent. No one can convince me that the state of college football for the past 10+ years was healthier/better than what we’re seeing today. It’s just change. It’s not really worse. Change benefits us because the status quo was not aligned with Miami

 

[SayWhat]

People just love being shook and to complain and vent. No one can convince me that the state of college football for the past 10+ years was healthier/better than what we’re seeing today. It’s just change. It’s not really worse. Change benefits us because the status quo was not aligned with Miami

Revenue wise, you'd be convinced it is of you just did a quick look. It's nearly tripled since 2005 in football across the board. Butts in seats have declined somewhat, while television revenue is skyrocketing. To me though, it's a bubble as younger audiences aren't turning in like previous generations. That's true of every sport at every level. Sports have a problem going forward, at least as far as sustainability at the current levels.

 

[Rellyrell]

All of this.

It's also lost on so many.

This is currently pay for play and I'm sorry, but some of the numbers being thrown out are not an investment that will make money for those paying.

We very well do well in the current market, but it doesn't mean it isn't horse****. It's pay for play, nothing else.

I’m not sure of this narrative that’s being peppered throughout social media platforms that anyone looking to set parameters around NIL is looking to limit a kid’s earning potential. That’s not what anyone is saying.

If these young men & women r getting broke off from social media platforms to be an influencer? Get that bread.
If a big brand wants to feature them in some of their products? Get that $$.
If a student store wants to host a signing event? Gas.
If a company wants to feature u in a commercial? Go for it. If a gaming company wants to feature u or a player like u? Cash out.

If a booster says come play for my favorite school & we can make sure u make 7 figures? That’s total bull chit & that literally kills the whole spirit of what NIL is meant for.

 

[gcane44]

Revenue wise, you'd be convinced it is of you just did a quick look. It's nearly tripled since 2005 in football across the board. Butts in seats have declined somewhat, while television revenue is skyrocketing. To me though, it's a bubble as younger audiences aren't turning in like previous generations. That's true of every sport at every level. Sports have a problem going forward, at least as far as sustainability at the current levels.

Do I care about the revenue? Or my rooting interests?