NIL: An Example
Posted: Thu Jan 11, 2024 12:36 am
Delayed gratification is not a forte for people 18-24 years old. Seems paternalistic and a tad patronizing unless you advocate a universal forced investment scheme. Vanguard, Fidelity, TIAA-CREF, et al., would love it!ScootCat wrote: ↑Thu Jan 11, 2024 6:27 pmThanks for the readable link. I’m a capitalist, but NIL, as currently constructed, is an abomination. Nothing good will come of it. If they truly want it to benefit the student-athlete, stipulate that the majority of the funds be allocated to a special purpose tax deferred account invested in an S&P 500 index fund only accessible starting at age fifty-five. That would be far better than what’s actually happening with the funds now, which will be long gone before most of the players reach their mid-twenties.
Thanks, waitress. Didn't realize there was a paywall when I first posted the link.
If you are accessing DavidsonCats.com through Google Chrome browser, just clicking on a hyperlink in a dcats.com post will usually not penetrate a paywall. However, you can get around a lot of paywalls if you use Mozilla Firefox as your browser. Copy the hyperlink from the post, open the Mozilla Firefox home page (I use Google Search as my home page for both Chrome and Firefox), click on the 3 horizontal bars on the top right, choose "New private window," then paste the URL for the paywalled site into the address bar of whatever search engine you are using. Waitress posted this several weeks ago, and it has worked for me at least half the time.
NCAA rules prohibit boosters from using the promise of NIL deals as an incentive to try to convince a prospect to attend or transfer to a particular school.wildforthecats wrote: ↑Fri Jan 12, 2024 10:37 amhttps://www.espn.com/college-football/s ... violations
Thanks for a bit of humor to brighten our day.Waitress wrote: ↑Fri Jan 12, 2024 11:21 amNCAA rules prohibit boosters from using the promise of NIL deals as an incentive to try to convince a prospect to attend or transfer to a particular school.wildforthecats wrote: ↑Fri Jan 12, 2024 10:37 amhttps://www.espn.com/college-football/s ... violations
It's the NCAA, the jokes just write themselves.stevelee wrote: ↑Fri Jan 12, 2024 1:26 pmThanks for a bit of humor to brighten our day.Waitress wrote: ↑Fri Jan 12, 2024 11:21 amNCAA rules prohibit boosters from using the promise of NIL deals as an incentive to try to convince a prospect to attend or transfer to a particular school.wildforthecats wrote: ↑Fri Jan 12, 2024 10:37 amhttps://www.espn.com/college-football/s ... violations