Texas will have a $40-50M roster this year | The Platinum Board

Texas will have a $40-50M roster this year

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Texas will have a $40-50M roster this year

Honestly I think it's a good thing.

Nobody else, well almost nobody else can compete, that will bring all the SEC and B1G in agreeing to some limits. Really only Texas, A&M and tOSU can consistently play at that level. When Michigan, Alabama, Georgia etc want to put in some caps, then something will actually get done.
 
Why are we all so stupid to pay in this much money for farm league nfl teams? Make an NFL farm league and make them pay for it eventually? This is incredibly stupid.
 
Why are we all so stupid to pay in this much money for farm league nfl teams? Make an NFL farm league and make them pay for it eventually? This is incredibly stupid.

There are millions of dollars spent on youth sports every single year. The overwhelming majority of those kids those dollars are spent on will not be playing that sport in college.

It’s the same argument
 
There are millions of dollars spent on youth sports every single year. The overwhelming majority of those kids those dollars are spent on will not be playing that sport in college.

It’s the same argument
Ummm this is $50mm for one college foosball team. Seems kinda gay.
 
This is going to be one of those things where you have a good team and feel like your schedule is set up for you to make a good run at the Playoffs/NC, then you buy more of your roster to backfill and get ready for the grind.
 
It currently sits somewhere “between $35 million and $40 million,” which counts the likely revenue-sharing allotment expected to be $20.5 million as well as payouts through the Texas One Fund.

The $20.5 million is for all sports, men and women. Per the House settlement, a portion has to go to women's sports, and the remaining cannot go to a single sport.

Any collective NIL for 2025 season has to be paid out in full by June 30th. Some collectives has piles of cash and had to dump it this spring. That's the reason you saw huge basketball NILs.

After July 1 this all changes. The big thing any NIL over $600 has to be approved by 3rd party clearinghouse and show proof of execution before payment. They also have to be a direct payment from the business, not from a collective.

Gone are the endless piles of NIL for all athletes. All athletes are going to be assigned a market value by this clearinghouse.
 
The $20.5 million is for all sports, men and women. Per the House settlement, a portion has to go to women's sports, and the remaining cannot go to a single sport.

Any collective NIL for 2025 season has to be paid out in full by June 30th. Some collectives has piles of cash and had to dump it this spring. That's the reason you saw huge basketball NILs.

After July 1 this all changes. The big thing any NIL over $600 has to be approved by 3rd party clearinghouse and show proof of execution before payment. They also have to be a direct payment from the business, not from a collective.

Gone are the endless piles of NIL for all athletes. All athletes are going to be assigned a market value by this clearinghouse.
What is we just to a few thousand $599 deposits to a recruit?
 
What is we just to a few thousand $599 deposits to a recruit?


Reminds me of a my brother-in-law. He's a Union Electrician Foreman and claims that money as his only income. Well.... surprise, he also does quite a bit of electrical work on remodels.

He takes Venmo, but only in payments of $599 or less.

I truly applaud his desire to screw the government.
 
The $20.5 million is for all sports, men and women. Per the House settlement, a portion has to go to women's sports, and the remaining cannot go to a single sport.



Gone are the endless piles of NIL for all athletes. All athletes are going to be assigned a market value by this clearinghouse.

I don't think that is correct. Do you have a link? No limitations to how the $20.5 million can be shared with athletes. It can all be used for one sport if the AD desires it, or even just one player.

Distribution. The settlement terms do not dictate how institutions should distribute any “new payments to athletes.” For example, the settlement does not prevent an institution from providing all of its new payments to only one athlete.

LINK

Athletes are not going to be assigned a market value by the clearinghouse, NIL deals over $600 will be.

These regulations require college athletes to report any third-party NIL compensation that exceeds $600 in the aggregate to a designated entity. There is no cap on athlete NIL compensation provided by third-party entities. However, the settlement terms provide for greater oversight and a fair-market-value assessment of NIL deals between athletes and boosters or associated entities/collectives to ensure that they are “legitimate” NIL deals.
 
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Reminds me of a my brother-in-law. He's a Union Electrician Foreman and claims that money as his only income. Well.... surprise, he also does quite a bit of electrical work on remodels.

He takes Venmo, but only in payments of $599 or less.

I truly applaud his desire to screw the government.
Ultimately though "screwing the government" just screws all the other tax payers.
 
I don't think that is correct. Do you have a link? No limitations to how the $20.5 million can be shared with athletes. It can all be used for one sport if the AD desires it, or even just one player.

Distribution. The settlement terms do not dictate how institutions should distribute any “new payments to athletes.” For example, the settlement does not prevent an institution from providing all of its new payments to only one athlete.

LINK

Athletes are not going to be assigned a market value by the clearinghouse, NIL deals over $600 will be.

These regulations require college athletes to report any third-party NIL compensation that exceeds $600 in the aggregate to a designated entity. There is no cap on athlete NIL compensation provided by third-party entities. However, the settlement terms provide for greater oversight and a fair-market-value assessment of NIL deals between athletes and boosters or associated entities/collectives to ensure that they are “legitimate” NIL deals.
My source was conversation CEO at 1890 and Coach Rhule himself.

The distribution rules will be set at a conference level. BIG is minimum of 10% to women's sports and capped per sport and max per player. He said other conferences will have similar rules in place.


Yes to second part. $600 or more must beat sent through clearinghouse and they determine if that is market value for said NIL. Tom's Plumbing in Lincoln won't be able to drop $1 million on a portal player.

Also collectives cannot combine or pool NIL deals across several businesses. All have to be individually approved.
 
My source was conversation CEO at 1890 and Coach Rhule himself.

The distribution rules will be set at a conference level. BIG is minimum of 10% to women's sports and capped per sport and max per player. He said other conferences will have similar rules in place.


Yes to second part. $600 or more must beat sent through clearinghouse and they determine if that is market value for said NIL. Tom's Plumbing in Lincoln won't be able to drop $1 million on a portal player.

Also collectives cannot combine or pool NIL deals across several businesses. All have to be individually approved.
Cool.

Don't confuse the rule, with what Nebraska could be self imposing.
 
Reminds me of a my brother-in-law. He's a Union Electrician Foreman and claims that money as his only income. Well.... surprise, he also does quite a bit of electrical work on remodels.

He takes Venmo, but only in payments of $599 or less.

I truly applaud his desire to screw the government.
Depends where he is but Venmo sends a 1099 if the total is more than $5,000. Doesn't matter how many transactions.
 
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