Stanford athletes making money now

Stanford athletes making money now - Printable Version

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Stanford athletes making money now - BobK - 08-04-2021

https://www.wsj.com/amp/articles/uconn-paige-bueckers-college-basketball-ncaa-11628078726

Read down. Cameron Brink and Regan Smith

RE: Stanford athletes making money now - BobK - 08-04-2021

https://granthshala.com/uconns-paige-bueckers-could-make-1-million-a-year-in-college/

Maybe more readable

RE: Stanford athletes making money now - Softball Fan - 08-04-2021

"The WNBA is 25 years old and its base salary for the top four picks in the draft is over $70,000..."

Can that be accurate? They make it sound like that's a good thing.

This article tends to reinforce the idea that 1% of college athletes will be making all the money and 99% will not profit.

RE: Stanford athletes making money now - OutsiderFan - 08-05-2021

(08-04-2021, 06:51 PM)paloalto Wrote: "The WNBA is 25 years old and its base salary for the top four picks in the draft is over $70,000..."

Can that be accurate? They make it sound like that's a good thing.

This article tends to reinforce the idea that 1% of college athletes will be making all the money and 99% will not profit.

So just like the greater capitalist economy in general.

RE: Stanford athletes making money now - SamuelMcF - 08-05-2021

(08-05-2021, 07:15 AM)OutsiderFan Wrote:
(08-04-2021, 06:51 PM)paloalto Wrote: "The WNBA is 25 years old and its base salary for the top four picks in the draft is over $70,000..."

Can that be accurate? They make it sound like that's a good thing.

This article tends to reinforce the idea that 1% of college athletes will be making all the money and 99% will not profit.

So just like the greater capitalist economy in general.

Or, considering sports is entertainment, the "traditional" entertainment industry. You have a handful of mega-famous A-listers, a few handfuls of other performers associated with those A-listers that get some solid scraps of their own, and then thousands and thousands and thousands of struggling hopefuls who at least have SAG health insurance and a few small residual checks thanks to a couple local commercials and a minor part in a shitty Netflix show that got cancelled after one season.

RE: Stanford athletes making money now - DC 86 - 08-05-2021

(08-05-2021, 10:16 AM)SamuelMcF Wrote:
(08-05-2021, 07:15 AM)OutsiderFan Wrote:
(08-04-2021, 06:51 PM)paloalto Wrote: "The WNBA is 25 years old and its base salary for the top four picks in the draft is over $70,000..."

Can that be accurate? They make it sound like that's a good thing.

This article tends to reinforce the idea that 1% of college athletes will be making all the money and 99% will not profit.

So just like the greater capitalist economy in general.

Or, considering sports is entertainment, the "traditional" entertainment industry. You have a handful of mega-famous A-listers, a few handfuls of other performers associated with those A-listers that get some solid scraps of their own, and then thousands and thousands and thousands of struggling hopefuls who at least have SAG health insurance and a few small residual checks thanks to a couple local commercials and a minor part in a shitty Netflix show that got cancelled after one season.

Completely true that benefits will be disproportional and analogous to the entertainment industry. But the difference is that for student-athletes any NIL compensation is essentially gravy. The struggling actor still has to survive, meaning working a job or jobs in order to pay rent and eat, so those residual checks are only making a small dent into a losing situation (financially). A scholarship athlete who makes a few thousand dollars (or even just a few hundred) puts it in his/her pocket and is objectively doing better than he/she was doing a year ago pre-NIL. That's why I don't agree that 99% will not profit since any NIL payment is profit, and we're already seeing that plenty of non-stars are entering into NIL deals, even though most are local and presumably modestly compensated.

RE: Stanford athletes making money now - OutsiderFan - 08-05-2021

(08-05-2021, 11:13 AM)DC 86 Wrote:
(08-05-2021, 10:16 AM)SamuelMcF Wrote:
(08-05-2021, 07:15 AM)OutsiderFan Wrote:
(08-04-2021, 06:51 PM)paloalto Wrote: "The WNBA is 25 years old and its base salary for the top four picks in the draft is over $70,000..."

Can that be accurate? They make it sound like that's a good thing.

This article tends to reinforce the idea that 1% of college athletes will be making all the money and 99% will not profit.

So just like the greater capitalist economy in general.

Or, considering sports is entertainment, the "traditional" entertainment industry. You have a handful of mega-famous A-listers, a few handfuls of other performers associated with those A-listers that get some solid scraps of their own, and then thousands and thousands and thousands of struggling hopefuls who at least have SAG health insurance and a few small residual checks thanks to a couple local commercials and a minor part in a shitty Netflix show that got cancelled after one season.

Completely true that benefits will be disproportional and analogous to the entertainment industry. But the difference is that for student-athletes any NIL compensation is essentially gravy. The struggling actor still has to survive, meaning working a job or jobs in order to pay rent and eat, so those residual checks are only making a small dent into a losing situation (financially). A scholarship athlete who makes a few thousand dollars (or even just a few hundred) puts it in his/her pocket and is objectively doing better than he/she was doing a year ago pre-NIL. That's why I don't agree that 99% will not profit since any NIL payment is profit, and we're already seeing that plenty of non-stars are entering into NIL deals, even though most are local and presumably modestly compensated.

The guy paying all Miami Football players if they post about his gym on their social channels provides a counter-factual to the "winner take all" dynamic, that will in general obviously prevail.

RE: Stanford athletes making money now - Farm93 - 08-06-2021

(08-05-2021, 12:09 PM)OutsiderFan Wrote: The guy paying all Miami Football players if they post about his gym on their social channels provides a counter-factual to the "winner take all" dynamic, that will in general obviously prevail.

Yes and no. This type of offer to all is something I expect will happen for a small group of programs. Winner take all, if you will.

I suspect Miami, LSU, Bama, Texas, Oklahoma, tOSU, Florida and others in that group should find their athletes getting very lucrative deals far beyond the value they are really bringing to the businesses in question. Athletes at most programs will just not have similar opportunities.

The ultimate prize winners will be those in high profile sports, in high profile positions, in high profile programs. Every football player at a place like LSU might get a few thousand dollars for hashtagging a business, but probably only the QBs and a few other skill position players will get really big money by getting in big time ad campaigns.

Even though the track & field athletes or softball team players at LSU are in championship hunts each year, my guess is they will see very little. The money might create odd and toxic environments. It might be possible to see $1,000 per year as "profit" if no one else at the school is making more than $10,000. A different story if everyone on a softball team is bringing home less than $1,000 per year, while all of the football players are clearing $100,000 (or more), and the starting QB is clearing a few million.

RE: Stanford athletes making money now - 82lsju - 08-06-2021

(08-06-2021, 01:06 PM)Farm93 Wrote: Even though the track & field athletes or softball team players at LSU are in championship hunts each year, my guess is they will see very little. The money might create odd and toxic environments. It might be possible to see $1,000 per year as "profit" if no one else at the school is making more than $10,000. A different story if everyone on a softball team is bringing home less than $1,000 per year, while all of the football players are clearing $100,000 (or more), and the starting QB is clearing a few million.

there will be some surprising athletes who do better than average, like the speculation about the LSU gymnast with millions of social media followers to monetize

https://www.newsweek.com/lsu-gymnast-olivia-dunne-could-become-first-million-dollar-college-athlete-new-nil-1606213

RE: Stanford athletes making money now - BostonCard - 08-06-2021

[tweet]https://twitter.com/darrenrovell/status/1423763719885139972?s=20[/tweet]

BC

RE: Stanford athletes making money now - 82lsju - 08-09-2021

Pro sports teams getting involved in NIL

Quote:The [NHL's] Florida Panthers announced today that they have signed [University of Miami] Quarterback D'Eriq King as part of the Panthers' first-of-its-kind NIL program. In becoming the Panthers first 'FLA Athlete' King becomes the country's first collegiate athlete to sign an NIL agreement with a professional sports team.

https://www.nhl.com/panthers/news/florida-panthers-sign-quarterback-deriq-king-as-first-fla-athlete-in-nil-program/c-325929546

RE: Stanford athletes making money now - TrumpCard - 08-10-2021

(08-06-2021, 05:15 PM)BostonCard Wrote: [tweet]https://twitter.com/darrenrovell/status/1423763719885139972?s=20[/tweet]

BC

I wonder whether the management firms and agencies view this service as a loss leader. I doubt that many college athletes will earn enough in NIL money to make the effort profitable, but these same athletes may end up earning a lot once they turn pro, and many presumably would keep their representation.