per the la slime usc’ s collective NIL student body right is going to pay all 85 scholarship football players 25 k a season.
so are the apes employees now?
sort of. The nil is not really the university. It’s more if a booster club. I have no idea how that fits in with the now toothless ncaa.
so do the kids have to pay taxes on this income? That also remains to be seen.
and they have to do some kind of charity work? Sure. In my day taking out a tri delt was considered charity work.
what could possibly go wrong? sc
But what about the minor sports??
In no time, FB players will be paid more than full-time contract (not tenure-track) faculty.
And so it begins. This is just the beginning. Just like coaches salaries we will hear news weekly or schools topping each other. Until Bama is payong everyone $1 million each
I actually speculated. Not sure if it was here. That usc ought to budget $10 million for coaches salary. $10 million for the staff. And $10 million for player payroll. Meaning about $100k each. Looks like I might be a year or two off but I’m guessing my number will be right in line pretty soon
I read the Times article from yesterday. If I recall correctly, the writer believes the payout for each USC player will be similar to what the Tex Tech NIL pays every player on the team, which is 25k. Didn’t see any other Times update, but I might have missed it. The reason I mention is because there’s rumor the cat named “Dale” who is speaking for SBR is a douchebag and a fraud. Some think “student body right” will never get off the ground.…. I have personally not heard anything either way.
So what is the University supported NIL group done for the football team? Have they decided not to give half of the cash to the University to do what they wanted to do with it yet. I know the contributors had an issue with that... so good job by the unapproved USC NIL group if this happens
It’s the wild Wild West . No one knows how it will play out.
USC is going cheap. SMU is giving all their players $36k