BMW M5 Forum

Post Reply
 
Thread Tools Search this Thread
      08-23-2023, 10:32 AM   #23
Car-Addicted
Colonel
Car-Addicted's Avatar
United_States
8236
Rep
2,377
Posts

Drives: 2020 BMW M4 CS
Join Date: Jun 2023
Location: Central PA

iTrader: (0)

Garage List
2020 BMW M4 CS  [9.91]
Quote:
Originally Posted by TheWatchGuy View Post
absolutely no one goes right from high school to the NFL. you have to be out of highschool for 3 years before you can enter the NFL.
Yes the three years will allow them to work on their Mensa membership.

So as I read the "name, image and likeness (NIL)." rules this was designed for college athletes but this seems to not be true.

9-year-old in Snoop Dogg's youth football league signs 6-figure NIL deal
A 9-year-old Los Angeles football player has become perhaps the youngest person to sign a Name, Image and Likeness (NIL) deal with a sports agency. KTLA reported that Ghalee Wadood Jr., who plays in Snoop Dogg’s Youth Football League, signed a deal worth six figures with Family 4 Life.

“It’s kinda surreal,” Ghalee Wadood Sr., who is an employee of the Los Angeles Rams, said to KTLA. “It’s humbling and exciting for [the agency] to see his potential and want to manage him.”
https://usatodayhss.com/2023/9-year-...igure-nil-deal

What could possibly go wrong here?
Appreciate 0
      08-23-2023, 03:47 PM   #24
TheWatchGuy
Colonel
TheWatchGuy's Avatar
3929
Rep
2,547
Posts

Drives: 335xi
Join Date: Mar 2018
Location: CO

iTrader: (0)

Quote:
Originally Posted by Car-Addicted View Post
Yes the three years will allow them to work on their Mensa membership.

So as I read the "name, image and likeness (NIL)." rules this was designed for college athletes but this seems to not be true.

9-year-old in Snoop Dogg's youth football league signs 6-figure NIL deal
A 9-year-old Los Angeles football player has become perhaps the youngest person to sign a Name, Image and Likeness (NIL) deal with a sports agency. KTLA reported that Ghalee Wadood Jr., who plays in Snoop Dogg’s Youth Football League, signed a deal worth six figures with Family 4 Life.

“It’s kinda surreal,” Ghalee Wadood Sr., who is an employee of the Los Angeles Rams, said to KTLA. “It’s humbling and exciting for [the agency] to see his potential and want to manage him.”
https://usatodayhss.com/2023/9-year-...igure-nil-deal

What could possibly go wrong here?
It's still related to college athletes. Before NIL, if you made any money off playing sports before or during college, you were ineligible for the NCAA. Now, that is no longer the case. Thats why you are seeing some of the top young athletes now getting deals.
__________________
@drunkcowatches on ig

Am I a watch guy, or do i watch guys?
Appreciate 0
      08-23-2023, 08:50 PM   #25
BMWILUVU
Lieutenant Colonel
837
Rep
1,597
Posts

Drives: 340ix
Join Date: Mar 2017
Location: The Boibs

iTrader: (0)

Greed killed it. TV revenues started it. After that, its was a question of trickle down economics. Hate to be socialist about it but college athletes should be in college for an education otherwise just become a professional athlete and leave the people who want an education alone to study in colleges. I love what college football used to be decades ago.
Appreciate 1
      08-23-2023, 08:58 PM   #26
Car-Addicted
Colonel
Car-Addicted's Avatar
United_States
8236
Rep
2,377
Posts

Drives: 2020 BMW M4 CS
Join Date: Jun 2023
Location: Central PA

iTrader: (0)

Garage List
2020 BMW M4 CS  [9.91]
Anything that provides the mechanism for a 9 year old to get a 6-figure deal is not in anyone's best interest.
Appreciate 1
Dan B517.50
      08-23-2023, 09:49 PM   #27
Dan B
Captain
518
Rep
640
Posts

Drives: 2024 M440i xDrive Gran Coupe
Join Date: Mar 2023
Location: Chicago NW Suburbs

iTrader: (0)

I think the biggest threat to college athletics is the transfer portal. Now schools can back door recruit a kid, they come over and play day one. Zero risk.

When you had to sit a year, that would have helped regulate NIL deals. No play, no exposure, harder to get a deal.
Appreciate 1
      08-24-2023, 07:38 AM   #28
BMWILUVU
Lieutenant Colonel
837
Rep
1,597
Posts

Drives: 340ix
Join Date: Mar 2017
Location: The Boibs

iTrader: (0)

Quote:
Originally Posted by Car-Addicted View Post
Anything that provides the mechanism for a 9 year old to get a 6-figure deal is not in anyone's best interest.
The 9 yr old's parents may disagree unfortunately. Of course now parents will have even more motivation to pour time and money into early athletic training for their poor kids because of these payouts.
Appreciate 0
      08-24-2023, 08:45 AM   #29
Car-Addicted
Colonel
Car-Addicted's Avatar
United_States
8236
Rep
2,377
Posts

Drives: 2020 BMW M4 CS
Join Date: Jun 2023
Location: Central PA

iTrader: (0)

Garage List
2020 BMW M4 CS  [9.91]
This is worth the 4 minutes:

Appreciate 0
      08-24-2023, 10:16 AM   #30
TheWatchGuy
Colonel
TheWatchGuy's Avatar
3929
Rep
2,547
Posts

Drives: 335xi
Join Date: Mar 2018
Location: CO

iTrader: (0)

Quote:
Originally Posted by Car-Addicted View Post
Anything that provides the mechanism for a 9 year old to get a 6-figure deal is not in anyone's best interest.
Are you against child actors too?
__________________
@drunkcowatches on ig

Am I a watch guy, or do i watch guys?
Appreciate 0
      08-24-2023, 10:19 AM   #31
TheWatchGuy
Colonel
TheWatchGuy's Avatar
3929
Rep
2,547
Posts

Drives: 335xi
Join Date: Mar 2018
Location: CO

iTrader: (0)

Quote:
Originally Posted by BMWILUVU View Post
Greed killed it. TV revenues started it. After that, its was a question of trickle down economics. Hate to be socialist about it but college athletes should be in college for an education otherwise just become a professional athlete and leave the people who want an education alone to study in colleges. I love what college football used to be decades ago.
FWIW, without a lot of these athletes, Colleges would be in financial hell.

And if players were bypassing college football to go pro, thats still only about 1% of college football athletes that eventually go pro. Do you just tell the other 99% "sorry, sucks to suck"? What about all the other athletic programs the football team pays for? Do you just get rid of all college athletics?
__________________
@drunkcowatches on ig

Am I a watch guy, or do i watch guys?
Appreciate 0
      08-24-2023, 10:24 AM   #32
Car-Addicted
Colonel
Car-Addicted's Avatar
United_States
8236
Rep
2,377
Posts

Drives: 2020 BMW M4 CS
Join Date: Jun 2023
Location: Central PA

iTrader: (0)

Garage List
2020 BMW M4 CS  [9.91]
Quote:
Originally Posted by TheWatchGuy View Post
Are you against child actors too?
Absurd comparison. Actors are paid for their work and there are significant rules on this. This kid will not be able to negotiate a contract for 10 years. The the point you are missing is "name, image and likeness" is pay for advertising and are you going to buy a car because a 9 year old tells you too?
Appreciate 0
      08-24-2023, 10:44 AM   #33
TheWatchGuy
Colonel
TheWatchGuy's Avatar
3929
Rep
2,547
Posts

Drives: 335xi
Join Date: Mar 2018
Location: CO

iTrader: (0)

Quote:
Originally Posted by Car-Addicted View Post
Absurd comparison. Actors are paid for their work and there are significant rules on this. This kid will not be able to negotiate a contract for 10 years. The the point you are missing is "name, image and likeness" is pay for advertising and are you going to buy a car because a 9 year old tells you too?
They are both making money off what they do. One being an actor and one being an athlete are irrelevant.

And you do realize theres a lot more to advertising than just car dealerships right? This kid signed with an agency that will manage him through high school. Plenty of athletic companies out there that will pay him if he keeps on his current trajectory. and if he isnt in the .001% of youth athletes that go pro? he now has a decent amount of money to help set up his future.
__________________
@drunkcowatches on ig

Am I a watch guy, or do i watch guys?
Appreciate 0
      08-24-2023, 11:07 AM   #34
BMWILUVU
Lieutenant Colonel
837
Rep
1,597
Posts

Drives: 340ix
Join Date: Mar 2017
Location: The Boibs

iTrader: (0)

Quote:
Originally Posted by TheWatchGuy View Post
FWIW, without a lot of these athletes, Colleges would be in financial hell.

And if players were bypassing college football to go pro, thats still only about 1% of college football athletes that eventually go pro. Do you just tell the other 99% "sorry, sucks to suck"? What about all the other athletic programs the football team pays for? Do you just get rid of all college athletics?
Yes they would need to better manage their finances. Are you against some fiscal discipline? Colleges used to be education first, extracurriculars second. Now its money first.
Appreciate 1
ASAP10864.50
      08-24-2023, 12:01 PM   #35
TheWatchGuy
Colonel
TheWatchGuy's Avatar
3929
Rep
2,547
Posts

Drives: 335xi
Join Date: Mar 2018
Location: CO

iTrader: (0)

Quote:
Originally Posted by BMWILUVU View Post
Yes they would need to better manage their finances. Are you against some fiscal discipline? Colleges used to be education first, extracurriculars second. Now its money first.
removing a massive revenue source, to the tune of 100s of millions for some schools, is going to be a massive hurdle.

maybe removing all the extra curriculars will offset the losses, but then youre punishing a ton of students because you dont want a handful of students playing football? make that make sense
__________________
@drunkcowatches on ig

Am I a watch guy, or do i watch guys?
Appreciate 0
      08-24-2023, 06:17 PM   #36
BMWILUVU
Lieutenant Colonel
837
Rep
1,597
Posts

Drives: 340ix
Join Date: Mar 2017
Location: The Boibs

iTrader: (0)

Quote:
Originally Posted by TheWatchGuy View Post
removing a massive revenue source, to the tune of 100s of millions for some schools, is going to be a massive hurdle.

maybe removing all the extra curriculars will offset the losses, but then youre punishing a ton of students because you dont want a handful of students playing football? make that make sense
Its called waste. Colleges used to deal with budgets without Football and Basketball TV revenues. You think much of that money is actually trickling down to tuition? Maybe some schools. Did you see the tuition recently on your average school? You sure its reflecting trickle down TV revenues doesn't it? Hah! Someone is making a ton of money and the student see the smallest percent. Make that make sense.
Appreciate 1
ASAP10864.50
      08-25-2023, 01:32 PM   #37
Tyga11
Banned
3512
Rep
1,752
Posts

Drives: M3 Comp
Join Date: Jul 2019
Location: Arizona

iTrader: (0)

Most of these kids will blow their money regardless. Or their parents will steal it.

As a consumer, I want the best product possible and that's not NIL. I don't really care about their specific situations since it doesn't impact me. Should get rid of NIL
Appreciate 1
      08-28-2023, 03:51 PM   #38
UncleWede
Long Time Admirer, First Time Owner
UncleWede's Avatar
United_States
18423
Rep
9,426
Posts

Drives: G01 X3 M40i Dark Graphite
Join Date: Jun 2005
Location: Oxnard, CA

iTrader: (0)

If only my parents had exploited me way back when Gerber came calling. All they wanted was my likeness, too . . .
__________________
I have romped on her and I giggled like a drunk infant the entire time. - Sedan_Clan
Appreciate 0
      08-29-2023, 09:22 AM   #39
King_Leonard
Private First Class
177
Rep
191
Posts

Drives: BMW X2 M35i
Join Date: Aug 2019
Location: 3rd World Planet

iTrader: (0)

Quote:
Originally Posted by ASAP View Post
Do you think that is reasonable when you are attending College for "free" on a scholarship and getting an education (which is supposedly the first priority when going to college in the first place) on other student's money as well as state sponsored funding thru tax dollars?
Perhaps there should be a NIL income threshold where the 'supposed student athlete' would have to pay their own tuition and other expenses. After all, the point of scholarships is to support students who can't otherwise afford college.
Appreciate 1
ASAP10864.50
      08-31-2023, 03:16 PM   #40
tcphoto
Brigadier General
tcphoto's Avatar
United_States
4165
Rep
3,245
Posts

Drives: E92 335i 6MT Coupe
Join Date: Dec 2009
Location: Nashville, TN

iTrader: (1)

The NIL era has simply shared the wealth that Universities have enjoyed for decades. Unfortunately, recruits are factoring the potential deals into their choice of institutions. Who would blame them when they see their coaches arriving in expensive cars and living in impressive homes? Just don't start arguing that Reggie Bush should be given his Heisman, his illegal benefits were from boosters that the NCAA deemed against the rules at the time.
__________________
Appreciate 0
      08-31-2023, 03:28 PM   #41
Car-Addicted
Colonel
Car-Addicted's Avatar
United_States
8236
Rep
2,377
Posts

Drives: 2020 BMW M4 CS
Join Date: Jun 2023
Location: Central PA

iTrader: (0)

Garage List
2020 BMW M4 CS  [9.91]
The money side of College athletics has gone off the deep end.
The highest-paid college football coaches in 2023
Josh Heupel, Tennessee Volunteers 2023 salary: $9 million
Jimbo Fisher, Texas A&M 2023 salary: $9 million.
Lane Kiffin, Ole Miss 2023 salary: $9 million
Matt Rhule, Nebraska Cornhuskers 2023 salary: $9.25 million.
Ryan Day, Ohio State Buckeyes 2023 salary: $9.25 million
Mel Tucker, Michigan State Spartans 2023 salary: $9.5 million
Brian Kelly, LSU Tigers 2023 salary: $9.5 million.
Lincoln Riley, USC Trojans 2023 salary: $10 million (approximately)
Dabo Swinney, Clemson Tigers 2023 salary: $10.5 million
Kirby Smart, Georgia Bulldogs 2023 salary: $11.25 million
Nick Saban, Alabama Crimson Tide 2023 salary: $11.7 million.

https://sports.yahoo.com/highest-pai...0.html?src=rss

Of course that's with out bonus's and third party deals.
Appreciate 0
      09-07-2023, 01:26 PM   #42
bagekko
Major
bagekko's Avatar
United_States
874
Rep
1,122
Posts

Drives: Lots of BMWs
Join Date: Aug 2013
Location: RI/MA

iTrader: (0)

Garage List
2018 M4 Vert  [0.00]
2006 Z4M Roadster  [0.00]
1995 540i  [0.00]
2008 BMW M5  [0.00]
2019 i3 Rex  [0.00]
2021 X7 40i MSport  [0.00]
The transfer portal is worse for CF than NIL. Most of the NIL is just the illegal secret money from the past which is now legal.

The mega TV deals are bad for all sports, athletes make way too much money. Over the past 20yrs the top NBA salary has increased 10x. 20yrs ago 171 players made 1M+, today its 460. The greed of sports has turned me off on almost all of them over the past 10yrs. It's just a fricken game.

Colleges would be fine without the TV revenue, I doubt it barely covers all the costs of the programs. There are 361 D1 schools, maybe a few dozen have a profitable sports program, the rest is covered by non-sports revenue ie tuition.
__________________
2008 M5 6spd, 1995 540i 6spd
2018 M4 Vert Comp, 2019 i3 120ah REX
2021 X7 40i MSport, 2006 Z4M 6spd
Appreciate 0
      09-30-2023, 05:53 PM   #43
F32Fleet
Lieutenant General
F32Fleet's Avatar
United_States
3908
Rep
10,605
Posts

Drives: 2015 435i
Join Date: May 2005
Location: Southeastern US

iTrader: (0)

Quote:
Originally Posted by bagekko View Post
The transfer portal is worse for CF than NIL. Most of the NIL is just the illegal secret money from the past which is now legal.

The mega TV deals are bad for all sports, athletes make way too much money. Over the past 20yrs the top NBA salary has increased 10x. 20yrs ago 171 players made 1M+, today its 460. The greed of sports has turned me off on almost all of them over the past 10yrs. It's just a fricken game.

Colleges would be fine without the TV revenue, I doubt it barely covers all the costs of the programs. There are 361 D1 schools, maybe a few dozen have a profitable sports program, the rest is covered by non-sports revenue ie tuition.
As long as fans continue to have a level of engagement which exposes them to advertising nothing will change.
__________________
"Drive more, worry less. "

435i, MPPK, MPE, M-Sport Line
Appreciate 0
Post Reply

Bookmarks


Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off



All times are GMT -5. The time now is 05:39 PM.




m5:
Powered by vBulletin® Version 3.8.11
Copyright ©2000 - 2024, vBulletin Solutions Inc.
1Addicts.com, BIMMERPOST.com, E90Post.com, F30Post.com, M3Post.com, ZPost.com, 5Post.com, 6Post.com, 7Post.com, XBimmers.com logo and trademark are properties of BIMMERPOST