Transfer portal and NIL Money, how they have changed college sports".

[Pokerbrat2000]

I bought a new car on a credit card believe it or not. It was approved. I did it so I could get the cash discounts from the manufacturer and dealer, and then went to my bank and got a loan to cover my credit card. I ended up saving over $5,000 at the dealership and another 4% in my loan at the bank compared to normal lines of credit for vehicles. I just used the collateral on my home to make it happen and it took one day to pay off the credit card and I got another 2% back from them as well. In the end, including through the entire process of paying off the note, I saved over $9,000 from what I could figure out.

I call that smart and creative purchasing. Like I said, if you know how to use credit cards, they are a wonderful thing. If you "take advantage" of all their bonuses, without paying any fees or interests, you did good! If there is no added fee to buy big tag items, I love putting them on my credit card, earning the points and then just paying it off before any interest is accrued. Now if I go into a Mom and Pop store, I always pay cash, I don't want them having to pay that damn CC fee for me doing business with them.

I can't tell you how many bank accounts I have opened up to take advantage of their "We will give you $200-500 if you bank with us" promotions. Now some of them require that you pay a few of your bills through them, at a fee, which I won't do. However, many of them just want your business and figure that over time, they will make way more than that back from having you as a customer. Not me, I keep the account idle and open as long as I have to and then just close it out.

 

[Voyageur]

I call that smart and creative purchasing. Like I said, if you know how to use credit cards, they are a wonderful thing. If you "take advantage" of all their bonuses, without paying any fees or interests, you did good! If there is no added fee to buy big tag items, I love putting them on my credit card, earning the points and then just paying it off before any interest is accrued. Now if I go into a Mom and Pop store, I always pay cash, I don't want them having to pay that damn CC fee for me doing business with them.

I can't tell you how many bank accounts I have opened up to take advantage of their "We will give you $200-500 if you bank with us" promotions. Now some of them require that you pay a few of your bills through them, at a fee, which I won't do. However, many of them just want your business and figure that over time, they will make way more than that back from having you as a customer. Not me, I keep the account idle and open as long as I have to and then just close it out.

I only did that once, but it was slick how well it worked. My wife was skeptical when I did it but when it worked out so well, she just said, "Don't do it again!" I haven't. Of course, I haven't bought another car since then either.

You're doing creative banking. I like that. The old "give me the free toaster plan."

We have 3 checking accounts/bank accounts. One with her Social Security mine with another bank. We get free checking by direct deposit on them. The third account is so we could get an HEB grocery debit card which gives us a 5% discount on any of their store brand items we buy. It's made us more aware of buying their generics which are cheaper, plus we get that additional 5% off. Works out nicely. That account is free because we're senior citizens.

When you're retired you become frugal. I have other things I like to spend money on. So does my wife.

 

[weeds]

The Lamborghini is still missing!!! Gasp.

Arrest made in theft of three cars belonging to Miami QB Carson Beck, basketball star Hanna Cavinder

www-cbssports-com.cdn.ampproject.org

 

[Pokerbrat2000]

The Lamborghini is still missing!!! Gasp.

Arrest made in theft of three cars belonging to Miami QB Carson Beck, basketball star Hanna Cavinder

www-cbssports-com.cdn.ampproject.org

They ought to check De'Vondre Campbells garage!

 

[weeds]

They out to check De'Vondre Campbells garage!

That's a possibility. ...but he'd hire the guys because HE'S RICH AND DOESN'T HAVE TO WORK NO MO'.

 

[Pokerbrat2000]

LOL....A guy that probably would be on the fringe of being a 1st round NBA pick, gets $4M to stay in "school".

Texas Tech star’s huge NIL bag revealed to bypass NBA Draft for college hoops return

JT Toppin received a massive NIL deal to skip the 2025 NBA Draft and return to Texas Tech.

www.sbnation.com

 

[Pokerbrat2000]

If the NCAA were smart, they would just change the rules on years of eligibility.

Let "kids" play until they are 40+. Let them enroll as grad students, TA's or professors.

All the money going to the NFL and NBA would slowly get switched over to NIL money and Transfer Portal money.

Bye Bye NFL and NBA!

 

[Voyageur]

If the NCAA were smart, they would just change the rules on years of eligibility.

Let "kids" play until they are 40+. Let them enroll as grad students, TA's or professors.

All the money going to the NFL and NBA would slowly get switched over to NIL money and Transfer Portal money.

Bye Bye NFL and NBA!

What you describe almost seems to be the Reality of today's NCAA round ball. Look at A.J. Storr. He's on his way to his 6th school in 6 years. The guy has played himself into a corner.

 

[Pokerbrat2000]

What you describe almost seems to be the Reality of today's NCAA round ball. Look at A.J. Storr. He's on his way to his 6th school in 6 years. The guy has played himself into a corner.

Saw that, I thought it was like 8 schools? 4 in HS and soon to be 4 in college.

 

[Voyageur]

For those of you who remember what I mentioned about NIL and the University of Texas back a couple of years ago, this will give you an indication as to how NIL is being used to exploit football players. It's out there, and there are those who know about it, and nobody wants to talk about it. It's a mess and will remain that way until something is done that will straighten this mess out. Obviously, it won't be through those institutions benefiting from the NIL money so it's up to the rest of them to take action and for TV consortiums to categorically state they aren't going to be party to what's happening.

Nick Brooks is a young player coming into the UT program in Austin. He's getting NIL money and based on what we can see at this point, he was at a strip club somewhere in the 6th St. area, as an underage patron. He'd left the club itself to go to another location to pick up young guys a lot like himself, to take them to the club, in what can only be described at this point as potentially a "recruiting mission" so they'd sign to play for the Longhorns. Just the implications alone are an indictment of the Longhorn program and more than likely a similar scenario that's being played out at too many universities and colleges where young athletes are being courted to become members of the teams.

Now, if you didn't think what I said way back when was possible, what are you thinking now? As far as the school, they'll slap Nick with a penalty. Make him sit out a couple of weeks of practice or maybe even a game or two, but they'll explain to him it doesn't matter anyway because he's going to get more NIL money and be red-shirted for a year to make him even more money before heading to the NFL and at a higher value. The time he'll be sitting will be in his red-shirt year which would happen anyway.

Texas OL Nick Brooks was headed to strip club to meet recruits when he was arrested for DWI, docs show

Texas Longhorns football player Nick Brooks told an officer that he was coming from a 21 and up club on West 6th that “makes exceptions for UT football players" before he was arrested for DWI, documents show.

www.fox7austin.com

 

[Pokerbrat2000]

For those of you who remember what I mentioned about NIL and the University of Texas back a couple of years ago, this will give you an indication as to how NIL is being used to exploit football players. It's out there, and there are those who know about it, and nobody wants to talk about it. It's a mess and will remain that way until something is done that will straighten this mess out. Obviously, it won't be through those institutions benefiting from the NIL money so it's up to the rest of them to take action and for TV consortiums to categorically state they aren't going to be party to what's happening.

Nick Brooks is a young player coming into the UT program in Austin. He's getting NIL money and based on what we can see at this point, he was at a strip club somewhere in the 6th St. area, as an underage patron. He'd left the club itself to go to another location to pick up young guys a lot like himself, to take them to the club, in what can only be described at this point as potentially a "recruiting mission" so they'd sign to play for the Longhorns. Just the implications alone are an indictment of the Longhorn program and more than likely a similar scenario that's being played out at too many universities and colleges where young athletes are being courted to become members of the teams.

Now, if you didn't think what I said way back when was possible, what are you thinking now? As far as the school, they'll slap Nick with a penalty. Make him sit out a couple of weeks of practice or maybe even a game or two, but they'll explain to him it doesn't matter anyway because he's going to get more NIL money and be red-shirted for a year to make him even more money before heading to the NFL and at a higher value. The time he'll be sitting will be in his red-shirt year which would happen anyway.

Texas OL Nick Brooks was headed to strip club to meet recruits when he was arrested for DWI, docs show

Texas Longhorns football player Nick Brooks told an officer that he was coming from a 21 and up club on West 6th that “makes exceptions for UT football players" before he was arrested for DWI, documents show.

www.fox7austin.com

While this kind of Tom Foolery and Shenanigans existed before NIL and the Transfer Portal, I agree with you. Both "programs" are way too loosely defined, enforced, navigated, etc. and if it continues this way, will put such a large black eye on NCAA sports, that fans and financial supporters may just say "F it".....I am really close to being at that stage.

 

[gopkrs]

Is NIL money simply what the player gets from advertising?

 

[Pokerbrat2000]

Is NIL money simply what the player gets from advertising?

No, not really.

It is money that they may receive from 1 or more sources. The money allows for use of their name and likeness, but not longer does it really seem to be directly tied to "work for pay". Meaning, "Jones Fine Cars" doesn't give an athlete $1000 if they agree to doing 5 ads for them.

 

[gopkrs]

Do they actually know how much money they will get for transferring, or do they just have a general idea and have to go with that?

 

[Voyageur]

Do they actually know how much money they will get for transferring, or do they just have a general idea and have to go with that?

Some of the players already have a sugar daddy program lined up for them when they hit the portal. It's becoming big time with them having agents which is now legal. The Badgers lost two guys to the portal that had big time NIL deals lined up for them before they pulled the plug in Kansas, and at Louisville. It's how the game is played now.

With a situation like what we saw in Austin, it's a matter of a kid being asked to "take cover of these potential recruits," so they go out and wine and dine them in ways that make going to your school is going to be awesome even beyond the cash you're going to get paid. Kind of "side benefits," with a "wink-wink!"

You can chart the teams who make it big in the playoffs and their NIL money out there. It's a sad situation.

 

[gopkrs]

Not sad for the players I guess. And there has always been the wining and dining in colleges with wealthy alums. And jobs sometimes. Not saying I didn't like it better b4. But b4 there were only 5 or 6 bowl games. All played New Years Day. Fun day.