Washington just signed Utah State's Great Osobor for a reported $2 million.  So for those on here who are annoyed we are signing the likes of Stretch or Castro, $2 million is the going rate for a skilled Center from an equivalent conference.

Also, Osobor is from the UK so whatever speedbumps existed getting Interntional kids NIL money has been figured out.

I gave this thread its title in order to see what kind of staying power it will have.  Ed O'Bannon was the former UCLA star who has paved the way for NIL and, I suppose, NIL lawsuits.  And he played all of the way back in the 1990's.

Ten members of the 1983 NCAA Champion NC State Wolfpack have filed an NIL lawsuit claiming that the NCAA continues to use their likenesses to this day for profit.  The most notable plaintiffs are Thurl Bailey and Terry Gannon who is a play-by-play/host on The Golf Channel.  Lorenzo Charles who has passed away, Dereck Whittenburg presently employed by NC State, and Sidney Lowe, a former NBA head coach (now an assistant with Cleveland), are not listed as plaintiffs.

I'll defer to the lawyers...isn't there a statute of limitations on such matters?  Or, does this not apply since the NCAA/CBS continues to profit to this day from their likenesses by using their footage when promoting the tournament or the sport as a whole?  

dmvpiranha wrote:

What is the most amount of NIL money somebody has asked you or your staff to pay for a player?
$2 million or more 10.4%
Between $1 million and $2 million 40.6%
Less than $1 million 49.0%

Poll was taken across levels in D1 but interesting read nonetheless. Some crazy numbers being thrown out there.

https://www.cbssports.com/college-basketball/news/candid-coaches-what-is-the-most-amount-of-nil-money-someone-has-asked-you-or-your-staff-to-pay-for-a-player/

This is not to say that there aren't some players presently earning $2 million+ for playing college basketball, but the reality is that on the whole, there is a wide disconnect between asking prices and actual "salaries."  Many player "agents" are not certified or trained in any way.  Likely to be a good friend of the player who in many cases, may not know the first thing about what they are doing.

squid wrote:

Has anybody heard more about FoG lately? I donated a while ago and I think I have a recurring one, but have heard nothing since.

They say you have to spent money to make money, I think there is a donation corollary: you need to say how you are spending money if you want people to donate money. 

FOG is not going to tell you exactly how the money is spent. I know that seems weird but from a competitive standpoint you don't want to confirm what the market is for a player or what you have to compete with. If I am looking for players and I know someone is getting X well I can just reach out to their reps and say I'll pay X+50%. By putting that information out there, you make it easy to pluck players. Yes, you can probably determine it by other means but it is much harder than when it is put on a plate. Just to let you know the BS, I had a "student" from VCU call me last Fall to tell me he was doing a survey of A-10 schools men's basketball NIL money (because originally I was one of the FOG board members (I have since removed myself because I didn't want to have any conflicts of interest since I also coach players who may at some point in time become GW players)). Now, I am not 100% privy to everything now but I pretty much know within a few dollars of what we are doing with most of our guys. This was a fishing expedition and I let CC know about it. It's unfortunate that NIL is somewhat of a black box but I don't see how you avoid it until there is mandatory reporting for everyone (which may be coming). Just my two cents.

Gwmayhem wrote:

GWRising wrote:

squid wrote:

Has anybody heard more about FoG lately? I donated a while ago and I think I have a recurring one, but have heard nothing since.

They say you have to spent money to make money, I think there is a donation corollary: you need to say how you are spending money if you want people to donate money. 

FOG is not going to tell you exactly how the money is spent. I know that seems weird but from a competitive standpoint you don't want to confirm what the market is for a player or what you have to compete with. If I am looking for players and I know someone is getting X well I can just reach out to their reps and say I'll pay X+50%. By putting that information out there, you make it easy to pluck players. Yes, you can probably determine it by other means but it is much harder than when it is put on a plate. Just to let you know the BS, I had a "student" from VCU call me last Fall to tell me he was doing a survey of A-10 schools men's basketball NIL money (because originally I was one of the FOG board members (I have since removed myself because I didn't want to have any conflicts of interest since I also coach players who may at some point in time become GW players)). Now, I am not 100% privy to everything now but I pretty much know within a few dollars of what we are doing with most of our guys. This was a fishing expedition and I let CC know about it. It's unfortunate that NIL is somewhat of a black box but I don't see how you avoid it until there is mandatory reporting for everyone (which may be coming). Just my two cents.

On3.com has created an NIL database.  My sense is that it's likely going to focus on the majors so any data on GW players may not make its way into the database.  While the database will not provide specifics on specific deals, it does provide an NIL valuation or overall total where available.  Some examples: incoming Maryland freshman Derik Queen is at $330,000.  Jeremy Roach, the former Dookie now at Baylor comes in at $568,000.  The two heralded Rutgers freshmen, Dylan Harper and Ace Bailey, are at $659,000 and $616,000 respectively.  Former DeMatha and Michigan player Hunter Dickinson, now at Kansas, will earn $850,000 in NIL money. The top valuation belongs to the nation's #1 ranked high school freshman, Cooper Flagg, who will have $1.4 million to spend in Durham this season.

Just FYI, some of that information is BS. It comes from players. There is also incentive for players to inflate their worth for the next NIL payday (if there is one) and for prestige. Don't believe everything you read. Also, some of that money is not guaranteed and, in some cases, never materializes.

 

Gwmayhem wrote:

It's a modeled database.  It relies upon an algorithm that uses a host of real and inferred data.  It has analyzed nearly 4,000 NIL deals (football and basketball).  It uses data provided by collectives, players and representatives.  It also factors variables such as performance, social media influence and overall exposure.  They say that their algorithm used to predict where high school players would attend college had a success rate of over 86%.

I suspect that any player will only be able to distort their NIL worth to a limited extent.  If a guy who comes off the bench states he's receiving $3 million annually in NIL, nobody is going to believe this.  Plus, what a player states they bare earning is only a small fraction of the overall model.

It's not the be-all, end-all, but it is a worthwhile tool one can utilize to help determine ballparks. 

 

 That's fine but I can tell you for a fact some of the information in there is wrong - inflated - and I only checked a few. I have some knowledge into the marketplace both from coaches and players. To be clear, this is not nearly the same as the NFL salary cap where contracts must be filed and their terms are known. You are correct no one is going to believe you got $3 million to come off he bench but that is an extreme example. More likely, as a starter, you can exaggerate a couple to several hundred thousand dollars and no one is the wiser. Also those amounts (even if promised) as I mentioned are sometimes not realized in whole or in part. 

Why doesn't someone, without giving away the store to affect GW's bargaining position, explain what the market is perceived to be roughly for A-10 players, or what A-10 players are asking for? For freshmen and transfers.
   One would imagine that the rough asking numbers are not a major secret around the league.
  
  

GW Alum Abroad wrote:

Because just when you thought the NIL thing couldn´t get even more slimy, of course it could...

https://www.usatoday.com/story/sports/ncaaf/big12/2024/08/20/oklahoma-state-football-helmets-qr-codes-nil-fund/74874757007/

And here I thought you were going to post the link about Colorado trying to get NIL money from the Saudis
Colorado sought NIL funding from Saudi Arabia's PIF in unpreceded move (si.com)

Gwmayhem wrote:

If the point you are trying to make is that these are inexact calculations with players inflating their value being part of the reason why this is, then I whole-heartedly agree with you.

If the point you are trying to make is that this is a useless tool that offers no semblance of what athletes are truly earning via NIL, then I will respectfully disagree with you.

In any case, your original point is that it's not in any collective's best interests to have NIL figures published for public consumption and yet, collectives are supposedly contributing information to this database.  So, there is that.

 Didn't say it was completely useless, just said to take it with a grain of salt.
As far as collectives providing this information, in some states I believe there is mandatory reporting. Remember, state laws govern much of this. DC does not have a reporting requirement which is why I got a call. The whole thing is still a wild west situation.
 

 Friends of George (FOG) Collective, the NIL (Name, Image, and Likeness) collective supporting The George Washington University student-athletes, is proud to announce the launch of its new brand and user-friendly website as the official NIL collective for GW Revolutionaries. This initiative aims to enhance the support and empowerment of GW student-athletes, while also providing an experiential membership program that offers exclusive benefits to supporters, fans, and alumni. 

https://fogcollective.com/