NIL I don’t think is public record. NIL is like working a side gig at McDonald’s.
Maybe it will be public record when schools start paying players but I don’t think that has started yet.
Ben Kueter taking a 10 Month Break from Football
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Maybe it will be public record when schools start paying players but I don’t think that has started yet.
Again the Swarm has almost NOTHING to do with NIL. Not sure why people don't understand this. Its a collective pool of money from donors, and these collectives may very well be done away with . NIL ( Name Image and Likeness) IS what CC22 had with Nike, Hyvee, State Farm etc.. Hannah Stulke just signed an NIL deal with some company. These are contracted deals with $$ amounts for appearences, gear etc... and are most certainly public record....
Maybe not EVERY penny, but yes, if they ACTUALLY sign with a company in what is really NIL then they are getting paid by contract and there's a record of that somewhere. I'm pretty sure they'd also have to pay taxes on that since they'd be under contract. Plus this discussion was about Ben Kueter as a wrestler and someone posting that they were pretty sure " he was being well paid". I asked by whom, because 1) I don't see how there's much money from the "Swarm" to go around to the other sports, and 2) if he had any NIL deals where a company was paying him for NIL people there would know about it. If you think some company is paying NIL money to a high profile athlete and not getting any marketing out of it, then its not NIL its "bag o cash", and that was not the discussion.
I don’t think you are correct.
No reason for a kid in college to disclose what he gets paid by McDonald’s. Doesn’t matter if he is cooking fries or making commercials because he is a stud athlete.
Now when Iowa starts paying out $22 million to athletes (whatever that number is) I assume that will be public because that is a government institution handing out money.
I'll just disagree. More from the companies standpoint. If they're going to pay any kind of "real" money to a high profile athlete then THEY are going to put it out there. Commercials whatever. Why in the world would company X pay an athlete who has any profile anything if they got nothing out of it?? Why? Again, NIL is Name Image and Likeness. If your getting ZERO benefit from paying said athlete then you are NOT paying him for his Name Image and Likeness. Its marketing 101. Companies aren't going to pay a athlete and get nothing from it from a marketing standpoint, again See Cailtlin Clark. Now if your saying somebody or company (which I don't see that happening) is giving Kueter a "bag of cash" under the table for no gain for themselves thats a totally different discussion....
I would also assume that NOT disclosing said payments from "McDonalds" or whomever would be failure to report income on your tax return. A problem for the athlete and certainly something the compay would want to report for themselves.
I think the argument is you aren't going to see an easily accessible list of who gets paid what from each NIL opportunity. Not that people aren't listing it as income on taxes.
Agreed.
There is no law that requires people to publicly disclose their NIL income.
Just like I don’t have to disclose my income. Doesn’t mean I don’t pay taxes or claim it as income.
Some business owner might not want it known they are giving big bucks to NIL in fear their customers might resent the possibility they are paying more for their products and services to fund it.
If I was an athlete I really would not want my NIL broadcasted for all to see/read.
Again what your talking about is NOT NIL. If the company is not marketing the player they are paying using his NIL, Name Image and Likeness then there is ZERO benefit to the company. What your talking about is just paying the guy under the table. They get nothing in return for just giving him cash and not marketing him in some way, (commercials, appearances, or actual work done). What your talking about is a company just giving a player some hidden amount of cash with no direct return on said payment. That is NOT NIL. That is just the latest type of "bag o cash", but its not NIL.. Even in your McDonalds scenario how would them paying Kueter to be the fry man on closing shifts allow them to benefit from his Name Image or Likeness? At least in that scenario he actually be performing some job, but it would only be as an hourly employee just like any other working stiff and have nothing to do with his NIL.....
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The swarm may have sprung from the ability for players to be paid from their NIL, but they are most certainly not the same thing...Probably a better way to say it. Clark was by far the biggest gainer from her NIL, but she never took a dime from the swarm...
Not if he wants to make serious bank. Just another 4 star chased off. Ego-competition goes one direction in the football complex.
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I think you're both talking about the same thing but the hangup lies in how each person is using the abbreviation NIL.
Accept cash handed out without some return is NOT NIL. It can't be clearer then that. Thats no different the what went on before the courts allowed NIL. That came about because of some former players suing in court, teams and companies using their Name or image to profit and to sell merchandize without any benefit to that player.
And I don't think the other poster is saying that, they're simply stating you will never know how much a certain player gets from a business because of NIL. Not that players aren't doing anything for it. (If I'm wrong I apologize but that's how I read it as a third party to the convo)
I guess we're reading it differently then. From what I read he's saying companies can just be giving players unreported hidden money. Of course that could be happening, I'm not saying it can't, but thats not NIL, thats just what went on at the power schools the last 50 years and wouldn't be anymore "legal" then it was then even before the courts agreed to let players benefit from NIL.
And yes things are going to get even more interesting after next year when the players are supposed to start getting 20-22% or whatever it was of the revenues, but thats not we're discussing here..
"There is no law that requires people to publicly disclose their NIL income.
Some business owner might not want it known they are giving big bucks to NIL in fear their customers might resent the possibility they are paying more for their products and services to fund it."
Seems pretty cut and dry to me that they are saying yes athletes are getting paid for NIL but no you won't find a public posting of McGrath Toyota paying Cade 85k to smile for a picture on their lot.
And I didn't say anything about schools paying players so idk why you ended your post with that.
I didn't say that schools were paying , I said it would be the same as how schools USE to pay players under the table. Also basically putting Cade in front of the camera at the dealership would in fact be using his Image or likeness. That is NOT something onlytheobvious (the original poster) brought up before you jumped into the conversation. He said a company might just give them money and made no mention of any public appearance which would then of course benefit the company by using the players image.
"And yes things are going to get even more interesting after next year when the players are supposed to start getting 20-22% or whatever it was of the revenues, but thats not we're discussing here.."
That is how you ended a message unprompted.
Show me where they said that. I reread the entire thread and I think you made that up in your head.
Swarm is a business just like McDonald’s.
Both are plain government entities paying players for whatever reason their leadership/marketing departments decide.
“Value/Return on Investment” is not for the government to decide. It’s up to the ownership of each private organization.
Essentially Swarm is a fake company that does nothing but funnel money to athletes. Which is now perfectly legal.
The companies pay players "endorsement" money for them to wear their clothes or promote their businesses. Doesn't mean they have to publicly declare what they pay each player. And I would classify this as "NIL" money.
Yes, Yes swarm is exactly that. Thats my point. What Swarm is NOT is NIL. I can;t see how you guys don't see the difference. What CC22 had with Nike State Farm etc.. etc.. WAS NIL She was being paid to market their products by use of her Name Image or Likeness. The Swarm or whatever entity is giving money to players to sign or resign whatever. But its not truly NIL. If it is what marketing using their own NIL and likeness are AJE or Kenise Johnson doing to get the 10-12K that the ladies are supposedly getting? Them running out on the floor at Carver or at TEAM functions in their uniform I don't believe is NIL either.
I'm not disputing that the Swarm is technically legal but I don't think its NIL either. If it is what function exactly are all the football players and basketball players doing to earn the swarm money. I'm not talking about the handful making public appearances but all the players, like all of the ladies on the basketball team? As for your first statement Neither the Swarm or McDonalds are " government entities" I'm not sure where your getting that from.
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He said a company could just give them money and not want other people to know they had given money to players for NIL. So if no one knows then how are they marketing through that player? How would they be "promoting that company". How are they USING his NIL if they aren't using him for appearances, commercials or something. There has to be something the guy is getting paid to do. If Cade shows up doing car company commercials then everyone knows he's being paid to do that. The company has no need to annouce anything. We'd already know he's getting paid. If he was getting paid by the swarm and there is nothing anywhere (commercials, billboards, TV, public appearances) then thats just a payment.....
No they said they might not want people to know how much in case customers think pricing reflects it. Nothing about companies giving money for free. It's OK to be wrong, happens all the time.
Fine. I'll agree my wording could have made more sense. I don't think a company thats paying a standout player for marketing and their biggest concern is that. That stuff is moot anyway. You can't go to a burger place anymore and get away with less then 12-$15. EVERY company does marketing, so I'm not sure why them paying an Iowa player would be some big concern to customers, but okay....
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