I read that Arch Manning, the freshman qb at Texas, received $3.7 million in NIL money. Don't know if that claim is true. He has not yet played a down. That is more money than many first year NFL players make.
I realize it will be difficult, if not impossible, to limit NIL money. After all, our society now believes that the athletes deserve every penny they get. However, schools like Texas and aTm have backers with huge resources. Oil money. They can surpass almost everyone in what they can and are willing to give the athletes. Ultimately, I believe even schools like Bama and Georgia will not have enough backers with enough money to compete in buying athletes. In my view, sad consequences of letting the NIL genie out of the bottle.
LawoftheWest wrote: ↑Sun Apr 02, 2023 6:26 pm
I read that Arch Manning, the freshman qb at Texas, received $3.7 million in NIL money. Don't know if that claim is true. He has not yet played a down. That is more money than many first year NFL players make.
I realize it will be difficult, if not impossible, to limit NIL money. After all, our society now believes that the athletes deserve every penny they get. However, schools like Texas and aTm have backers with huge resources. Oil money. They can surpass almost everyone in what they can and are willing to give the athletes. Ultimately, I believe even schools like Bama and Georgia will not have enough backers with enough money to compete in buying athletes. In my view, sad consequences of letting the NIL genie out of the bottle.
That is more money than 98% of Americans have at retirement.
Last edited by commadore on Thu Apr 06, 2023 9:54 pm, edited 1 time in total.
LawoftheWest wrote: ↑Sun Apr 02, 2023 6:26 pm
I read that Arch Manning, the freshman qb at Texas, received $3.7 million in NIL money. Don't know if that claim is true. He has not yet played a down. That is more money than many first year NFL players make.
I realize it will be difficult, if not impossible, to limit NIL money. After all, our society now believes that the athletes deserve every penny they get. However, schools like Texas and aTm have backers with huge resources. Oil money. They can surpass almost everyone in what they can and are willing to give the athletes. Ultimately, I believe even schools like Bama and Georgia will not have enough backers with enough money to compete in buying athletes. In my view, sad consequences of letting the NIL genie out of the bottle.
That is more money than 93% of Americans have at retirement.
LawoftheWest wrote: ↑Sun Apr 02, 2023 6:26 pm
I read that Arch Manning, the freshman qb at Texas, received $3.7 million in NIL money. Don't know if that claim is true. He has not yet played a down. That is more money than many first year NFL players make.
I realize it will be difficult, if not impossible, to limit NIL money. After all, our society now believes that the athletes deserve every penny they get. However, schools like Texas and aTm have backers with huge resources. Oil money. They can surpass almost everyone in what they can and are willing to give the athletes. Ultimately, I believe even schools like Bama and Georgia will not have enough backers with enough money to compete in buying athletes. In my view, sad consequences of letting the NIL genie out of the bottle.
That is more money than 93% of Americans have at retirement.
LawoftheWest wrote: ↑Sun Apr 02, 2023 6:26 pm
I read that Arch Manning, the freshman qb at Texas, received $3.7 million in NIL money. Don't know if that claim is true. He has not yet played a down. That is more money than many first year NFL players make.
I realize it will be difficult, if not impossible, to limit NIL money. After all, our society now believes that the athletes deserve every penny they get. However, schools like Texas and aTm have backers with huge resources. Oil money. They can surpass almost everyone in what they can and are willing to give the athletes. Ultimately, I believe even schools like Bama and Georgia will not have enough backers with enough money to compete in buying athletes. In my view, sad consequences of letting the NIL genie out of the bottle.
That is more money than 93% of Americans have at retirement.
I'm sure that figure is higher.
I fixed it. After taxes he would be at about $2.3-2.4 million. According to a Yale study, the top 2 % have just over $2.4 million.
