Everyone I’ve talked to in major college football has the same belief… there will be a 50+ team super league In the very near future. Everyone else will exist in a league below without such large NIL constraints.
We’re fighting to be a mid-tier team from a financial support standpoint within that framework while shooting to be something greater.
This type of situation is going to continue to exist across all of college football until this framework is in place and governance is developed for it.
You can’t blame the player for doing what’s in their best interest. They’re cattle who can now choose their butcher. Some become show worthy and go to the next level. Most, will try to capitalize on what they can before hitting the deli counter.
The only thing we’re debating at this point is how they’re handling their departures. It’s not and won’t be our choice, the players are running their own businesses. They’re the CEO of themselves, which is exactly what so many fought for. Whelp, this is what it looks like.
20 year old’s, most of which have zero business experience or negotiating skills, being led by people with similar experience levels in most cases. Bad decisions will be made. Good decisions will be made. Some will learn from them, some won’t.
The vast majority of these kids don’t even realize they need to pay income taxes on this. It’s a clown show. Fran is an outlier trying to provide multiple outlets to his players teaching financial literacy. He mandates setting aside 40% of their pay. Not many schools are doing that.