Highest NIL Valuations
That looks like a lot more than nil to me.
You forgot to add this...
Some TAMU boosters will be pretty upset to see these modest numbers.
Can we petition Ross to tamper with OSU and offer like 3 million for Jaxson Smith-Njigba?
we don't need him.
Our receivers are great.
They are, but I wouldn't turn down a potential Heisman winner.
I love our receivers, but that Ninja is spectacular. He was better than Olave and even Wilson last year imo.
Their receivers, specifically Jaxon Smith made some ridiculous catches against us just to keep the game even respectable. Could have won by 4 scores if not for some crazy 3rd and 4th down conversions
August 2nd, 2022 at 10:38 PM ^
And give all OSU qbs some money and send them to MSU’s non conference opponents. Leave OSU with nothing
There is too much red on that graphic.
I always thought that with B1G expansion. Maryland, Rutgers, Nebraska. Too much red in the conference now.
You're right. Future expansion should be based on color. We should take Washington to add some purple, North Carolina for the light blue. Definitely take Cal. Not sure who the 4th should be. Notre Dame is an obvious choice, but I can't bring myself to say it.
I have to wonder if these speculated values are just proof of the old saying, "Something is worth whatever someone is willing to pay."
And the booster/donors at those players' schools are always willing to pay top dollar.
In the end, it's probably a product of both: good players and rich boosters.
That is precisely what it means.
You're worth whatever the market says you're worth. Example of that is Kyler Murray. If the Cardinals think he is worth $230 million, then he's worth $230 million because that is what they are willing to pay to retain his services.
Completely separate question from whether or not you think someone deserves the money they're being paid, which can always be debated. But that is what they are worth because someone is willing to pay it to them. They are worth that amount to someone.
In the words of the great Senator Clay Davis:
”I’ll take any motherf-ers money if they giving it away. Sheeeit”
So….how are these calculated? Hmm, on the internet, it must be true.
No kidding. Sourcing seems important here. I'd sooner believe in 90% of the "DeFi" scams that have infested the world the last few years.
Wonder what research went into this. Wasn't it reported JJ was expecting to make $2M this year?
That was a misunderstanding. A source said JJ could make $2 million if he were the starter, not that there was any sort of financial commitment or deal to actually get him that money.
At U of M, NIL is nil until...
High chance these valuations are just as bullshit as those in the US economy.
And yet there are high school students that have reportedly been signed to $9.5M and $8M deals? At some point this craziness has to collapse...
I don't think most advertisers expect to make their money back on these investments. They might be okay with "losing" the money as long as their favorite team wins.
Yeah, but how much, and for how long? Six years ago Rashan Gary was the unanimous #1 recruit in the country, and the rumors are that Clemson offered him $200k-$300k. This year the Miami QB commit was rumored to sign a $9.5M deal, and the Tenn QB commit an $8M deal. Even for rich people, that's a lot of money. There aren't many that can throw that kind of money around year after year, for unproven high schoolers no less. It feels like a bubble to me.
I spent that much filling up my car last week.
August 3rd, 2022 at 12:20 AM ^
LOL, what the hell are you driving and how big is your tank?
Gas, while still more costly than any of us like, has dropped almost a buck and a half here from a high several weeks ago of over $5.30/gal nearly everywhere all the way down to as low as $3.70 now (although most area stations are closer to $4) in my area of Michigan. On a drive south a couple weeks ago I found it as low as $3.39 in parts of Tennessee and Georgia.
And....not every team with a high dollar payroll (NIL my ass) is going to win...not even their conference let alone a national title.
So, when one of these teams drops a game that they are 'not supposed to' or even drops 2 to a couple of good teams that leaves them out of the race what will these boosters think...'we should spend more'? Maybe...but they may be more likely to think..'we need a different coordinator or head coach?' or 'you didn't play my guy enough'. etc.
Its going to be a mess....transfer portal get ready.
I don't think most advertisers expect to make their money back on these investments. They might be okay with "losing" the money as long as their favorite team wins.
Besides all the talk that recruits have uncertainties about Jim Harbaugh staying around, I wonder if this is also a reason recruiting is in bad shape for 2023, as I don't know if Michigan NIL-ers are willing to do the same.
Haven't even seen a single play of college football with "this craziness."
My guess? A year or two in and all the folks dropping giant money bags will realize it's probably not worth spending THAT much and the money finds a more reasonable level.
The average person may think this way. But the average person doesn't know what some college football fans are like.
A rules committee is probably already brainstorming ways to reign this stuff in...... right?
The On3 NIL valuations aren’t even worth talking about.
Seems to just be a product of a junk in, junk out formula.
I think I read that NIL valuations were what players could *command* based on the current market. Essentially a value, not an actual commitment of resources to that player.
I feel like Stroud must be worth more, like maybe $2.7M? Seems to be a number he's comfortable with. Then again, I'd say that JJ is probably worth something closer to $4.2M.
Either way, he aint hangin' 100 on shit.
Exactly. It is not what they are getting paid. Wasn't this brought up a week ago or so? That is how it was explained.
Damn, M-Den better step up there sales!
Indisposition is a word that comes to mind in how M NIL-ers might be viewing the current ways of NIL. Have you seen the state Michigan's 2023 recruiting?
HIGHEST NIL VALUATIONS ON MGOBLOG
1. stephenjerking: $2.1M
2. MGrowOld: $1.7M
3. Hotel Putngrad: $1.6M (Rubles)
4. Wolverine Devotee: $900K
5. MgoShoe: $800K
6. East German Judge: $600K
7. Mazinator: $550K
8. Don: $495K
9.JameBondsHepresMeds: $305K
10. rob f: $290K
and yet, nobody wins here...
My valuation should be adjusted upward after I cash in my Mega Millions ticket from last week.
That's it. I'm entering the transfer portal to find a blog that understands my worth.
It's now at $35,492 and trending ⬆️
damn i didn't even make the list?
first i didn't hit the mega millions and now this news ..... i'm never going to be able to retire
Terminators have infinite eligibility... I'm sitting pretty.
FIFY - more "spendable" in our world:
HIGHEST NIL VALUATIONS ON MGOBLOG
1. stephenjerking: 2.1M MGoPoints
2. MGrowOld: 1.7M MGoPoints
3. Hotel Putngrad: 1.6M MGoPoints
4. Wolverine Devotee: 900K MGoPoints
5. MgoShoe: 800K MGoPoints
6. East German Judge: 600K MGoPoints
7. Mazinator: 550K MGoPoints
8. Don: 495K MGoPoints
9.JameBondsHepresMeds: 305K MGoPoints
10. rob f: 290K MGoPoints
And Michigan provides trading cards
Watch it. Those trading cards will be worth millions in 20 years.
I’m just thinking of the tax implications of NIL.
Can the Collectives be 501 c(3) organizations? If a Collective arranges an NIL deal - let’s say a car dealership - are the NIL fees paid to the player by the dealership considered SG&A?
If the dealership sponsors a fundraiser for a charity, is the NIL payment to the player considered a charitable (tax deductible) contribution?
I don’t think there’s any standard definition, which is part of the problem, and the state laws determining what is, and isn’t, allowed - will be extremely varied across the country.
I would imagine State Legislatures in the SEC footprint, and Ohio, would provide immense flexibility - including the taxable aspect of NIL - to field the most competitive team possible. And, that’s going to result in a very “unlevel” playing field.
Again? Really? No, no, no, no.
a) there is no variability in the 501(c)(3) regs or rulings.
b) there is no convoluted path - regardless of how many ways you try to route the funds - to getting a *charitable tax credit* for paying a player for using his NIL. It's a simple marketing expense, a single line on the company P&L. If you don't know the difference between a tax credit versus an expense deduction, you need to figure it out.
Stop, just stop.
Beta, ty.. I’m not trying to be difficult, and - I’m not involved in Accounting or Tax related activities.
I sincerely appreciate the clarification.
Sorry I snapped at you. And. You're welcome.
I am a grumpy, old businessman who is tired of being unable to get Everyone's Attention just one time to 'splain the in and outs of Name, Image, and Likeness deals.
- end of rant.
(I owe you a beer or beverage of your choice. Again, my apologies).
Go Blue!
Beta, no worries - and, though your offer of beer is both kind and thoughtful, perhaps we can just catch up, and meet in person, at a tailgate this fall. We’ll be hosting at Homecoming- for sure, and are trying to figure out what other dates - with our kids. (Our two children are students in Ann Arbor, which makes home Game weekends even more fun.)
Out of curiosity, do you have any perspectives on state / federal legislation that can try to get NIL under control? I’d welcome hearing your perspective.
My view is - I cannot imagine legislation that would limit the amount anyone could earn. Some tax associated legislation could be drafted / passed - but, if a business is willing to pay someone “$X” for their endorsement, that’s up to the business.
As I ponder this, the only exception MIGHT be if the NIL deal was established with a “minor”, a student athlete is 17 years of age (or younger) when the contract is signed.
Again, thanks for sharing your perspective.