Yeah, my # was outdated. The base and common salary is now 125k.
The 2 way guys make between 125k and 585k.
This year the highest paid 2way G League player made 462K. Last year highest was 500k.
Tyrese Hunter Entering the Transfer Portal - NIL Speculation
- Thread starter cyfan92
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Yeah, my # was outdated. The base and common salary is now 125k.
The 2 way guys make between 125k and 585k.
This year the highest paid 2way G League player made 462K. Last year highest was 500k.
Let's just pay them nothing so they don't have to worry about taxes!! What a dumb thing to be so concerned about. Sure, there may be an issue for a handful of guys, but 99% of them will be just fine...
Why do that when you can make more money playing college ball here?
Also for whoever posted “why doesn’t TH just go to Europe?” This is the answer to that.
True, they could probably pay a company to have a small team to get them in the best shape and health possible, and would be a smart investment.
But I was thinking more in line with playing. You don't make it to pro-ball unless you play. That's why you see 2 and 3 star players make it to pro ball (more so in football, than basketball), while some 4 and 5 stars don't. ISU was ready to build a team around Tyrese to showcase his skills they best he can for the NBA. Now he is taking a risk by transferring to a school where he may not be the star, nor be around the type of players who will help him.
That idiot knowingly kissed up to some of the biggest cheaters in NCAA basketball his entire career. I couldn’t care less what he thinks now.
I think there is a real issue with a kid who might have had a high school job at Home Depot or McDs, spent his entire check every week as most kids do, then still got a $120 refund in April...vs a kid one year later who gets 500k for one year of basketball, buys his mom a house, buys himself two cars, has no money left and hasn't paid any taxes yet and maybe can't even pay property taxes on the house.
They're adults so I'm not "worried" about them, but it's a guarantee that will happen. The players who dominate will have money still coming in getting new deals in future seasons or NBA/NFL contracts. Some will be busts and some will get injured and that'll be their one payday playing sports.
Whether one likes this messenger or not...many many people are saying the same thing he tweeted. I know it is not a simple solution...but what can the NCAA do to make things a "level" playing field? They lost control through the courts correct? So legally...what can the NCAA do? I have no idea...and not saying the NCAA can't. I just wonder what they could do legally?
And to be honest...I am always for more rights for the players even though it has been a gut punch to the teams I love to cheer for!
Not my argument. In fact, quite the opposite. Pay them whatever. I'm just excited for the future stories about all these NIL athletes that didn't know they needed to hold back money for taxes. I'm just excited, that's all.
Following Monte on IG/Twitter he totally seems like the kind of kid who would've sunk $ into his training. He does a ton of offseason stuff with professional trainers even before he signed his big NBA contract and was 2way gleague.
There is a risk Hunter's #s could go down somewhere like UNC...although if we're honest his #s are low at ISU because of our pace and lack of offensive explosions. Playing with better offensive players/offensive focused team can actually increase his #s on offense as long as he gets the minutes.
If the sit out transfer rule was still in effect NOT PLAYING for a year could be a gigantic off the charts hit to his draft prospect. A huge part of this is the no sit transfer element. I think Tyrese might be a Cyclone with $0 NIL if he had to sit out a year. That or he goes G league or Europe now because he just doesn't like college ball and wants money sooner. He definitely would be risking a ton to get paid via NIL yet sit out a year at UNC or some other program.
Shaq has a great interview out there on what he did with his first $1 million.
To my knowledge there hasn't been a widely followed team sports league where a large majority of the best players are all one year contracts.
You see it with older vets sometimes but the majority of superstars are on multi-year deals. Of course they can be traded and I'm guessing these NIL deals aren't transferable/tradable. I've yet to see if anybody has examples of an NIL deal for multiple years requiring someone to stay on a specific team to get it.
When it happens I will lmao and not feel bad about it one bit.
Anyone would leave if they’re getting paid a half mil. Hunter would have been dumb to stay at ISU.
This is 100% the reason many schools have depts to help work out these NIL deals so that agents don’t get a foothold on campus. Might be too late for it but it can’t hurt. Several states as well are allowing the school to negotiate directly which might end up being a title 9 issue like many have said but that’s a state by state concern. Does ISU have a dept to help kids with NIL deals because having that structure might be a better use of funds then a quickly thrown together collective.
Yeah, there's a huge difference between "stressing" or "worrying" about it and just knowing that it's going to happen for sure.
I know it's going to happen to a lot of these players. It's still a better problem to have than every college kid in the nation whose mommy and daddy doesn't pay for their school. If I'm going to worry about somebody it's those kids and their debt for the understandable desire for a degree.
Will there be some? Sure. But every school is working with these kids to make sure none get screwed on taxes. No school wants to be the one that leaves a kid out to dry with a huge tax bill. Would make for the easiest anti recruiting points ever.
Compliance helps with taxes.
Yeah...true...but those sports leagues have collectively bargained agreements with the talent. Who or what organization would represent the interests of every college athlete? And then be able to maintain solidarity? Again...I just don't know what can be done to limit the movement of players without limiting their rights?
They didn't actually lose control through the courts--the court case dealing with the NCAA was not about NIL specifically. But the NCAA was forced to do something to comply with several state laws that went into effect July 1st of last summer. In order to comply, the NCAA basically just opened it up and told athletes and institutions to follow their respective state laws. The NCAA can still implement regulations, but only to the extent that the regulations don't conflict with any state laws. I don't know what all of those laws actually look like, so I'm not sure what room the NCAA has to regulate here.
I personally think the best long-term outcome is Congress doing something that overrules state laws and explicitly requires collective bargaining for college athletes with the NCAA (or any other athletic associations), whether those athletes are officially considered employees or not.
