NIL Question: How much will a good team cost? - Printable Version

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+--- Thread: NIL Question: How much will a good team cost? (/thread-25189.html)

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RE: NIL Question: How much will a good team cost? - PalmTree - 10-16-2024

(10-16-2024, 08:56 AM)SamuelMcF Wrote:  

(10-16-2024, 01:28 AM)GK3 Wrote:  Notre Dame lost a number players at the end of last year, Cal took at least two of them.  Did we make any effort to take any?  Was it even possible?

Yes and (academically speaking) yes

Samuel (or anyone else who may know) - related questions - timing-wise, do you happen to know when the ND players flipped relative to  a) our HC change and b) Stojakovich's flip to the dark blue side?

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RE: NIL Question: How much will a good team cost? - SamuelMcF - 10-16-2024

(10-16-2024, 10:07 AM)PalmTree Wrote:  

(10-16-2024, 08:56 AM)SamuelMcF Wrote:  

(10-16-2024, 01:28 AM)GK3 Wrote:  Notre Dame lost a number players at the end of last year, Cal took at least two of them.  Did we make any effort to take any?  Was it even possible?

Yes and (academically speaking) yes

Samuel (or anyone else who may know) - related questions - timing-wise, do you happen to know when the ND players flipped relative to  a) our HC change and b) Stojakovich's flip to the dark blue side?

Sorry for confusion, I was talking about football transfers.

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RE: NIL Question: How much will a good team cost? - M T - 10-16-2024

The 10-year decision?

Quote:Somewhere between 60% and 80% of athletes in the NBA and NFL go bankrupt within five years of retirement, despite making an average of $5.15 million and $1.9 million per season, respectively.

https://www.gq.com/story/athletes-millionaires-bankrupt-spending

College athletes are even younger and less experienced than pro athletes. One hopes they are smarter with their money. 

If I were in charge, I’d consider making Personal Finance a required freshman course for all students (having nothing to do with NIL).

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RE: NIL Question: How much will a good team cost? - cardcrimson - 10-16-2024

(10-16-2024, 10:32 AM)M T Wrote:  The 10-year decision?

Quote:Somewhere between 60% and 80% of athletes in the NBA and NFL go bankrupt within five years of retirement, despite making an average of $5.15 million and $1.9 million per season, respectively.

https://www.gq.com/story/athletes-millionaires-bankrupt-spending

College athletes are even younger and less experienced than pro athletes. One hopes they are smarter with their money. 

If I were in charge, I’d consider making Personal Finance a required freshman course for all students (having nothing to do with NIL).

Perhaps a "Coogan Account" of sorts for players as part of any upcoming agreement. Force 10% (or more) of their NIL and other forms of payment to go into a locked account that protects the money for a period of time. For child actors, 10% of their money go in to an account that they can't get access until they turn 18. Would like to see something similar for players. . . .

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RE: NIL Question: How much will a good team cost? - Mick - 10-16-2024

(10-16-2024, 10:32 AM)M T Wrote:  The 10-year decision?

Quote:Somewhere between 60% and 80% of athletes in the NBA and NFL go bankrupt within five years of retirement, despite making an average of $5.15 million and $1.9 million per season, respectively.

https://www.gq.com/story/athletes-millionaires-bankrupt-spending

College athletes are even younger and less experienced than pro athletes. One hopes they are smarter with their money. 

If I were in charge, I’d consider making Personal Finance a required freshman course for all students (having nothing to do with NIL).

Smart idea. I took that class at SCU. They don't teach it anymore. It was extremely useful both during and subsequent to college.

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