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- What does Harvard, Immigration, and Volleyball have in Common? NIL.
What does Harvard, Immigration, and Volleyball have in Common? NIL.
Hey there,
Tons has happened in the NIL world this week. We’ve got a bipartisan NIL bill to talk about, what Harvard is doing in NIL recruiting, and the risks of betting on kids with NIL deals. All of that, and more, straight ahead!
Do you have anything you want to share with us? We’d love to hear feedback. Hit reply or send us an email at [email protected].
— Cole, Justin and Collin
KICK-OFF
NIL Without Borders
Sen. Pete Ricketts (R-NE) has been working across the aisle to get an NIL bill done in Congress. He and Sen. Richard Blumenthal (D-CT) are trying to fix an issue that bars international students from taking advantage of NIL opportunities – as of right now, they could lose their student visa if they do so.
“Our bill would create a sub-category within the F-1 visa narrowly tailored to international student-athletes who want to pursue NIL opportunities,” Sen. Ricketts explained, “It would allow NIL activity to be generally permitted as long as student-athletes were progressing in their degree program.” (More)
Walk On Winners
It’s probably no surprise that walk-on athletes don’t necessarily get tons of NIL opportunities – resources are usually used on retaining players or luring top-end talent from programs. Thanks to one alum though, Oklahoma’s walk-on football players are getting an NIL deal.
Grateful to former walk-on, captain and 2000 National Champion @hamm0481 for providing an NIL opportunity for all our current walk-ons 🤝
#OUDNA
— Oklahoma Football (@OU_Football)
12:31 AM • Oct 15, 2023
Chris Hammons is a former Sooner walk-on himself. In a team meeting he delivered some good news to the current OU walk-ons: every one of them was getting an NIL deal with his law firm. Bono would be so proud. (More)
Name, Ivy, and Likeness
Last edition we explored Stanford, but now we’re flying to the other coast to see how a similarly brainy school, Harvard, is dealing with NIL.
According to athletic director Erin McDermott, recruiting is not “any different” from what it’s been in the recent past. Harvard isn’t actively opposing NIL, but the policy also doesn’t seem to be used as an active recruiting tool.
While some have speculated that wealthy schools with hefty endowments could price everyone out of the NIL world, that doesn’t seem to be happening any time soon. (More)
WHAT’S TRENDING
Ups and Downs
Georgia QB Carson Beck has seen a 347% increase in NIL valuation over the past ten weeks, putting him currently at $1.2M 📈
Colorado QB Shedeur Sanders’ recent skid (losing 4 of their last 5) has seen his NIL valuation drop by over $200K 📉
UNC power forward Armando Bacot sees his value almost double as basketball season approaches 📈
DOWN TO BUSINESS
Panini’s #1 Pick
When Lexi Rodriguez came to Nebraska, she didn’t envision becoming a national sensation — there simply didn’t seem to be upside to take her brand any further. Now she’s the sport’s biggest star, signing deals with Adidas and Panini America.
Panini is interesting because they hadn’t signed any female college athletes until now. The trading card company takes a calculated risk in choosing a volleyball player, as the sport’s popularity has exploded in recent years. (More)
Risky Business
NIL isn’t exactly as stable a market as, say, US treasury bonds. The reality is an NIL deal is a bit more of a gamble than other investments – these are kids we’re talking about, and sometimes kids do dumb things.
Take Mikey Williams as an example. The former five-star basketball recruit was a social media sensation, which earned him a massive social media following in high school and an NIL deal with Puma. That all went down the drain when he got into serious trouble with the law.
Puma is paying the price for how risky that investment was now. They’ve officially cut their losses with Williams as of a few days ago, but it’s hard to measure the losses they sustained seeing as Williams was the crown jewel of their NIL efforts. (More)
COLLECTIVE 101
Free Agency Fiasco
Seton Hall’s Shaheen Holloway was a vocal critic of NIL last year, and his feelings seem to have intensified over the offseason. “It’s ‘how much can you pay me?’” he said of NIL recruitment, “It’s the wild wild west… It’s free agency, that’s what it is.”
His frustration is understandable, as Seton Hall doesn’t have the financial resources to keep up with other schools. If he’s right about “free agency,” then how are teams like his supposed to stay competitive in recruitment? (More)
A Seminole Event
As some NIL collectives have to drop NIL deals because they’re lacking donor interest, Florida State is holding strong. Last week The Battle’s End collective announced that they’d surpassed over 1,000 members.
THE NEXT BIG DEAL
Breathe It In
Deion and Shedeur Sanders may be the most public father-son duo in football right now, but Brenden and Jerry Rice aren’t far behind. The duo just linked up for a deal with Breathe Right, which Jerry has a long history with.
Cool: USC wide receiver Brenden Rice, son of Jerry Rice, has signed an NIL deal with Breathe Right, the strips Rice himself endorsed in the 1990s.
— Darren Rovell (@darrenrovell)
4:24 PM • Oct 24, 2023
ATHLETE SPOTLIGHT
Darren Williams
Check out the video below to see how high school football player Darren Williams is changing the NIL game!
NIL BLITZ
♦️ High Schoolers are becoming NIL-literate
♦️ Georgia Southern’s Beau Johnson cooks up a tasty deal
♦️ Michael Penix Jr. talks on where NIL is headed
♦️ Oklahoma St. uses INFLCR to connect athletes to opportunities
♦️ A day in the life of LSU WBB superstar Flau’jae Johnson
BATTER UP
Todays Poll Question:
Could an Ivy League school become a sports powerhouse if they directed their massive budgets towards athletics? |
Last Edition’s Poll Results:
Is college sports’ drift toward an employee model good or bad for women’s sports?
Good - 51%
Bad - 25%
It won’t change much - 24%