Rademacher transfer?

[Jimmy Cinnabon]

Kid is a straight up stud.  Hard to not imagine he doesn't finish his career in a Big 10 singlet.  Nichols has got to get the kid a bag.

[Winners Circle]

17 minutes ago, Jimmy Cinnabon said:

Kid is a straight up stud.  Hard to not imagine he doesn't finish his career in a Big 10 singlet.  Nichols has got to get the kid a bag.

Didn't the rules on NIL change and everything has to be approved as "fair market value" by a third party?

[Jimmy Cinnabon]

He’s a U20 world champ. Surely a Bob bag is fair. 

[ionel]

7 minutes ago, Jimmy Cinnabon said:

He’s a U20 world champ. Surely a Bob bag is fair. 

... would have to be a freestyle bag 

[Wrestleknownothing]

11 minutes ago, Winners Circle said:

Didn't the rules on NIL change and everything has to be approved as "fair market value" by a third party?

yes, everything over $600.

[Winners Circle]

4 minutes ago, Wrestleknownothing said:

yes, everything over $600.

Let's go Bob. Write that $600 check and get this thing done baby.

[Wrestleknownothing]

2 minutes ago, Winners Circle said:

Let's go Bob. Write that $600 check and get this thing done baby.

I am very interested to see how the clearinghouse process plays out.

Will data become public? Doubt it. But I can hope. I imagine it will be shared with schools (and maybe athletes?) though.

How quickly will the first lawsuit be filed over a denied deal? Whatever number you produce, I will take the under.

How much will we learn about deal sizes from court filings? Or from athletes' attorneys? Hopefully a lot.

What will Deloitte reveal about how they are modeling fair market value? Likely the blackest of boxes.

From NIL Go's FAQs:

Range of Compensation (RoC) - RoC is anchored in valuation principles to determine if a student athlete’s third-party NIL compensation is commensurate with compensation paid to similarly situated individuals with comparable NIL value. The RoC is a deal level calculation that is intended to capture a student-athlete’s unique NIL value based upon multiple factors, including but not limited to, the deal’s performance obligations, the student-athlete’s athletic performance and social media reach, the local market, and the market reach of his or her institution and program. The RoC will also be informed by external benchmarks.

In order to compare to "similarly situated individuals" you need to have a bunch of data. Where does that data come from? Is it Bob's past deals? Is it based on other sports? Minimum wage? Works/study wages? How do they value these multiple factors? What is an obligation worth? What is the athletic performance work? What is the value of social media reach? Why does local market matter if a school's reach is national, or international? What are the external benchmarks that inform?

There are just so many toeholds for enterprising attorneys.

 

[Fletcher]

34 minutes ago, Winners Circle said:

Didn't the rules on NIL change and everything has to be approved as "fair market value" by a third party?

Third party NIL - yes

School provided revenue sharing - no independent review

[CHROMEBIRD]

14 minutes ago, Wrestleknownothing said:

I am very interested to see how the clearinghouse process plays out.

Will data become public? Doubt it. But I can hope. I imagine it will be shared with schools (and maybe athletes?) though.

How quickly will the first lawsuit be filed over a denied deal? Whatever number you produce, I will take the under.

How much will we learn about deal sizes from court filings? Or from athletes' attorneys? Hopefully a lot.

What will Deloitte reveal about how they are modeling fair market value? Likely the blackest of boxes.

From NIL Go's FAQs:

Range of Compensation (RoC) - RoC is anchored in valuation principles to determine if a student athlete’s third-party NIL compensation is commensurate with compensation paid to similarly situated individuals with comparable NIL value. The RoC is a deal level calculation that is intended to capture a student-athlete’s unique NIL value based upon multiple factors, including but not limited to, the deal’s performance obligations, the student-athlete’s athletic performance and social media reach, the local market, and the market reach of his or her institution and program. The RoC will also be informed by external benchmarks.

In order to compare to "similarly situated individuals" you need to have a bunch of data. Where does that data come from? Is it Bob's past deals? Is it based on other sports? Minimum wage? Works/study wages? How do they value these multiple factors? What is an obligation worth? What is the athletic performance work? What is the value of social media reach? Why does local market matter if a school's reach is national, or international? What are the external benchmarks that inform?

There are just so many toeholds for enterprising attorneys.

I'm not sure if this is where they landed, but I thought the proposed House settlement terms included the sharing of sanitized FMV data. I agree that the whole RoC calculus is a shіtshow waiting to happen

[Wrestleknownothing]

1 hour ago, CHROMEBIRD said:

I'm not sure if this is where they landed, but I thought the proposed House settlement terms included the sharing of sanitized FMV data. I agree that the whole RoC calculus is a shіtshow waiting to happen

I think I found the site. I hesitate to share it, though, as the numbers do not add up.

For example, when you look at "position" by position breakdowns the 174 data is not consistent (how can you have an average deal size of $5k and average total earnings of $2,931?).

The position graphs would imply there are roughly 7 reported deals so far for wrestling.

But when you look at the all positions graph the smallest whole number that fits the percentages in the donut chart is 264. 

But here it is anyway.

https://nilassist.ncaa.org/data-dashboard/