Tyrese Hunter Entering the Transfer Portal - NIL Speculation
- Thread starter cyfan92
- Start date
Even ignoring the actual numbers it would be a spectacularly bad deal for the player to take a small fee in exchange for giving up all the upside potential. Not that someone couldn't make that terrible deal, but I wouldn't expect it to be common.
Focused with a goal and stated provisions. And I came up with that in two seconds. Where’s the “We Will” information?
people sell rights for items for a flat fee all the time. and id trust jp knows what he is talking about here
Especially when from what I understand it's not as though there wasn't some NIL money that we were willing to offer. There's just no chance he's not getting a sizable portion of whatever deal is struck.
I'm trying to understand it myself.
The only thing I can think about is that the agent and the "endorsements" can't be tied to the requirement of being a scholarship student athlete at the school.
Even then it's hard to see why that kind of agent is legal but an agent to help in the athlete's NBA/NFL draft pursuits is illegal.
The NFL/NBA draft agent of the past doesn't even get paid until the player makes it to the next level and thus in the process of leaving college sports. This new type of agent is making money off kids before they're in school and while they are in school.
Agents have to be certified by the NCAA, if players hire a non certified agent, they lose eligibility. This has been happening for a few years.
NCAA-certified agents helping college athletes test NBA draft waters
This DI program in its third year is designed to let players retain eligibility should they want to return to school.
Jamie referenced the thought that Tyrese would be a 2 way guy- able to go between the NBA and G-League. Similar to Garza, Wigginton, etc. Sounds like if a player agrees to a 2 way deal the amount is around $500k.
Jamie also said the feedback Tyrese got from the NBA is he probably wouldn't be drafted, so no guarantee an NBA team would do a 2-way deal with him. So he signed with an agency and gets the guaranteed money.
Jamie also referenced Fernando Tatis the baseball player who signed with an agent when he was 16 and a prospect. That agent now gets a share of Tatis' recent $375M contract. Jamie intimated that he hoped that kids signing with agency weren't signing away a big % of their future earning to get money now.
I think Jamie was hinting that the agreement with the agency would include Tyrese having to give a certain % of his future NBA earning to the agent. That was why he referenced Fernando Tatis.
This is nothing new. If people recall Zion Williamson had an agent immediately after he left Duke, but then fired the "local" agent to go with a bigger agency. The first agency filed suit against Zion for lost future revenue. It's not a big leap to think the first agent gave Zion $ while he was still at Duke.
yeah my 35k was outdated from a few years back. It's 125K now. If they are 2 way they get between 125-568k. Last year the top paid didn't make 500k and the year before just one player made exactly 500k...so I was a little low and Jaime is a little high.
A lot of 2way guys will make closer to 125k than 500k. If they get 500k It means they are basically NBA bench players. One guy in the last two years has made that much.
Agree a 500k NIL is radically less risky than hoping he plays more NBA basketball than every 2way player in the Gleague the past two seasons. Easy choice between that and going pro without being drafted or even as a second round pick where many are 2 way guys.
Wow...that ISTDaily reporter claiming source close to Hunter denies any agent, agency, nada. I'm guessing they mean......'yet'.
I hope JP was stating factual info vs. speculated info.
I think it all depends on what is in the agreement that Tyrese signed with the Agent. Using #'s others have thrown around if Tyrese gets $400k and the agent gets $100k for marketing Tyrese to schools like Gonzaga, Kansas, Texas, Tennessee, Illinois, etc. then how is Tyrese worse off. Even if the IRS takes $200k, Tyrese still clears $200k to support his family for a year.
IMO athletes would be smart to have NIL agreements with agents be for multiple years. That way if Tyrese isn't NBA ready next spring, he could still remain at school without taking a pay cut.
If athletes like Tyrese are agreeing to use the current agency as their NBA agent, then there could be long-term issues.
I believe some pro-golfers do a similar deal when they start out. They look for "investors" when they first start out to fund their career and then agree to pay back from future earnings. I believe that is what Cedar Rapids Zach Johnson did.
There is always ways to regulate NIL. Afterall, the kids are getting the money to play college hoops. If they can't play hoops, the big money probably isn't there from collectives and agents job is made tougher.
I mentioned in other posts- the NCAA could require athletes and agents/collectives/business report any NIL $ or goods. Transparency would shine light on the agents/collectives (and their donors). It also gives an audit check for the IRS to monitor athletes and money sources.
The NCAA could require that NIL deals be for a limited period- aka during their college career. Thus agents couldn't write contract language to get % of NBA/NFL salary.
The NCAA may be able to cap the fee that agents can be paid/take off the top. I believe that is the case with the professional leagues.
He had a group of backers but after 2 years investors didn't get anything except occasional passes to tournaments.
With every new announcement coming out, it’s hard to not feel like NIL is just blowing up college basketball as we know it at this point..
