NIL

[bigpig]

Pretty sure Luke Combs, Morgan Wallen, Garth Brooks, Kenny Chesney, and Zach Bryan are all selling out stadiums lately.

not for long

[Third_down_draw]

not for long

If you are paying to see Chris  Gaines or Kenny Cheeseny you already getting rap.ed

[buff2.0]

not for long

Maybe the families will get closure.

[Lurk]

not for long

Please tell me he's been to a Diddy party.

[DrMongoose]

from August 14 - Hunter briefs the BOT on NIL - https://www.wholehogsports.com/news/2024/aug/14/arkansas-ad-hunter-yurachek-addresses-trustees-over-coming-nil-revenue-share-changes/

Why are we worried? The BOT figured this shit out in August!!!

"Go raise more (money) than anyone else, (and) let's win," added Ford, co-founder of Westrock Coffee and CEO since 2009. "Let's be a champion of this" new era.


MORRILTON — Though the rapidly changing landscape of college athletics may soon include schools paying athletes directly — at least under a proposed settlement to multiple lawsuits — one member of the University of Arkansas System board of trustees sees a grand opportunity for Razorback athletics.
"We have a top-20 (athletic) program in 'the old world' —good — let's be top-5 in the new world," trustee Scott Ford said Tuesday during a briefing for trustees at their annual retreat at the Winthrop Rockefeller Center by UA-Fayetteville Athletic Director Hunter Yurachek and Matt McCoy, the University of Arkansas System senior associate general counsel for athletics. Rather than "bemoan" the new landscape, "think about using it to our advantage."
"Go raise more (money) than anyone else, (and) let's win," added Ford, co-founder of Westrock Coffee and CEO since 2009. "Let's be a champion of this" new era.
Those who "figure out the rules and how to compete in this (environment) will be the winners," seconded trustee Ed Fryar.
In Arkansas, "people step up, a huge positive for us," Yurachek said. "We have a very giving and supportive state."
For example, Oaklawn Racing Casino Resort recently made a $500,000 donation to the Razorback Foundation. Oaklawn has also made it possible for jackpot winners to donate to the Razorbacks.
However, the university will need support more than ever if a proposed settlement of class-action lawsuits that challenged the NCAA's prohibition against student-athletes receiving compensation for their name, image, and likeness (NIL) and accessing the market for licensing/sale of their NIL is approved, Yurachek said.
Among other restrictions, the courts have since judged as illegal restraint of trade and antitrust violations by the NCAA.
UA-Fayetteville expects to have to share roughly $21.5 million with student-athletes — mostly for football and men's basketball players — next year as part of the proposed settlement, a sum "we don't have sitting there for us."
Entering fiscal year 2024-25, the program has $173 million in expenses and the same in revenues, Yurachek said, so "I need to find levers to increase revenues and decrease expenses" in order to find that $21.5 million next year.
That $21.5 million figure is expected to be the maximum schools in the SEC can pay in the first year of the settlement, "and we intend to participate 100%."
"It's a significant hill to climb, not as simple as flipping a switch and saying 'we're going to be highly competitive,'" he said. "We're working on a plan with several options, (but) we need to find solutions together."
Should the $2.7 billion class-action settlement— which stems from a lawsuit filed in 2020 by former Arizona State University swimmer Grant House and TCU/University of Oregon basketball player Sedona Prince, as well as Hubbard v. NCAA and Carter v. NCAA — be approved, it will provide the framework for college sports after July 2025, McCoy said.
Though payments directly from schools — rather than boosters and other third parties — would be voluntary, "the reality is if any school does it, all will do it."
Beginning with the 2025-26 academic year, schools would be able to pay student-athletes up to 22% of the average broadcast, sponsorship, and ticket revenue from the "power" conferences, which includes the SEC.
Schools can categorize how to classify the payments, but student-athletes must report all NIL deals to schools and the "designated reporting entity," McCoy said. Athletic scholarship limits for Division I schools would be eliminated, and new roster limits would be adopted.
Schools and conferences can reduce roster sizes and the number of sports offered, but no scholarships can be taken away from student-athletes already on scholarship, he said. Roster limits also cannot drop below current NCAA scholarship limits.
Most decisions and regulations would be left to individual conferences, but conferences cannot "collude" with one another, and all Division I athletes dating back to 2016 are eligible to receive a share as part of the settlement class, McCoy said.
Schools' contracting with individual athletes will likely be time-consuming and challenging, and other provisions of the proposed settlement — such as a stipulation that boosters/collectives can't enter into NIL deals with student-athletes unless market rate compensation rates/terms are commensurate with compensation paid to similarly situated individuals with comparable NIL value — may be ripe for additional lawsuits.
The settlement is likely to be challenged, especially because there's no real legal precedent, said David Curran, the UA System's general counsel and vice president for legal affairs. "It's cutting new territory."
Under the proposed settlement, individual conferences would determine what a "non-legal booster NIL deal" is, as third parties who are non-boosters can pay student-athletes for NIL sans restrictions, McCoy said.
However, entities owned, controlled, or operated by a school are not third parties, so their payments count toward the "cap" on what schools can pay, estimated between $20 million and $22 million.
Schools not in the power conferences of Division 1 that wish to provide new benefits to student-athletes permitted by the proposed settlement can do so, but are bound by the limits and obligations of the proposed settlement, he said.
The NCAA and conferences are permitted to require progress toward a degree as part of agreements, as well as permit student-athletes to rescind non-compliant NIL deals and return benefits to maintain eligibility to compete.
UA-Fayetteville has been a leader in this new space with its Flagship offering, which provides tutelage for student-athletes on everything from developing limited-liability corporations to how to handle their taxes from NIL income, McCoy said.
The state also passed legislation in 2023 to help schools in Arkansas, including a provision that student-athletes in Arkansas can cancel their college NIL deals when they go professional, not continue to be bound to them.
Even if the proposed settlement is approved, additional questions and concerns will remain, McCoy and Yurachek said.
For example, the question of whether student-athletes are "employees" could be decided by the courts, and schools may struggle with complying with Title IX laws when disbursing funds to student-athletes, as many women's sports don't generate revenue near the amount generated by football and men's basketball.

[buff2.0]

Do they think they're leading the charge or something?

[animal]

Do they think they're leading the charge or something?

Well we do live in Clown world where reality is whatever you say it is.

[Show-Me Hog]

I never thought NIL would turn into this in the first place, but I am going to dig my heels in that there's no way that the combination of benefit concerts and voluntary donations (based on emotion as a fan), in order to have a competitive football or basketball program, is a sustainable business model.  Surely people will get tired of giving their money for.....what?

The NFL, NBA, and MLB rely on a combination of fan revenue (payment for actual services rendered), TV rights fees (fed by eyeballs and advertising), and advertising/stadium branding.  As long as the fans are there, that seems more sustainable.

Now get off my lawn.

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[BleedinRed]

I don't believe for one second that they hit the NIL goal at the last minute to resurrect the Slobber Hog at Center Court.

[Sus-Scrofa]

Just got an email that Arkansas Edge is trying to sell pieces of the goal posts that weren't really torn down.

That's embarrassing 

[Spiderham]

Just got an email that Arkansas Edge is trying to sell pieces of the goal posts that weren't really torn down.

That's embarrassing

Just came to post that. Really?
$1000 bucks?
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[piglosopher]

Did they consult that only fans chick that sells her bath water for revenue ideas?

[obijuana]

Just got an email that Arkansas Edge is trying to sell pieces of the goal posts that weren't really torn down.

That's embarrassing

I'm surprised there's not a commemorative DVD and t-shirt available. Maybe patches of Sam's shit streaked underwear from that night for $100, while supplies last. 

Such a small minded athletic department. Embarrassing indeed. 

[Third_down_draw]

Did they consult that only fans chick that sells her bath water for revenue ideas?

Tera vajyna scented candles - RickwithaB would sell his house.

[buff2.0]

Tera vajyna scented candles - RickwithaB would sell his house.

Blackrock would be buying up houses left and right in Arkansas from all of us the guys that would do the same thing.

[buff2.0]

I don't believe for one second that they hit the NIL goal at the last minute to resurrect the Slobber Hog at Center Court.

No doubt, unless Justin Moore made up the difference on his own.

[buff2.0]

Just got an email that Arkansas Edge is trying to sell pieces of the goal posts that weren't really torn down.

That's embarrassing

Either we painted scrap pieces of pipe and are selling a fraud, or we cut up our own goalpost for the win.  Didn't even give the game a creative name first - The Fucking in Fayettenam or something.

https://x.com/ArkansasEdgeNIL/status/1844111545657327693

[Show-Me Hog]

It feels like we're in Spinal Tap.

"But we didn't tear the goalposts down."

[Vito Porkleone]

Vandy is doing the same thing - NIL fundraising...

[Sus-Scrofa]

Vandy is doing the same thing - NIL fundraising...

One major difference.