Per Chris Balas - Kansas Rumored to Have Offered 2 Year $4M NIL Deal to Hunter Dickinson
Balas posted the rumor to the ON3 message board so no story link provided.
If true, that's certainly a large sum of money offered. It was further commented that it would be unlikely for Michigan to compete with it.
Hunter is apparently still visiting Kentucky, so who knows what they offer there.
Interesting times.
Can't really blame him if he takes that kind of deal.
He has to take that. That is life changing generational money type stuff. Especially for a guy who is probably not going to be able to stick in the NBA for a long career. Certainly can make money playing over seas.
April 22nd, 2023 at 12:52 AM ^
Great for Hunter, but I wouldn’t call it generational money
at least 40% will go to taxes leaving him with $2.4million. Let’s say he invests that and can take out 5-8% per year - that’s $120k to $190k. Not shabby but not Rich
April 22nd, 2023 at 12:55 AM ^
Great for Hunter, but I wouldn’t call it generational money
at least 40% will go to taxes leaving him with $2.4million. Let’s say he invests that and can take out 5-8% per year - that’s $120k to $190k. Not shabby but not Rich
Golly this makes being a fan so much fun. Anytime Free Agency.
And I'm also sure it is beneficial to the student-athlete's education.
/sarcasm
Negotiating a real-world contract and maximizing one's value is actually extremely useful training for a post college job market
It is a nearly pure play in capitalism! Talk about education.
Just at 5% of this type of money.
It’s making college football and basketball a job market and will end up greatly diminishing both sports. And being a star athlete getting big money in college doesn’t have any relation at all to the real world job market, assuming players getting this kind of money ever need a job.
April 21st, 2023 at 10:28 AM ^
What do you mean by "diminishing" both sports? Do you think the billions in dollars of revenue flowing into the schools over the last decades diminished the sports and the schools? Are the NFL and NBA "diminished" because their players are paid big money?
April 21st, 2023 at 11:47 AM ^
NFL and NBA have league structure including contracts. If you sign a contract with one team, you can't just jump to another team for more money. You have to play out your contract first. You can sit out trying to force a re-negotiation, but you can't just take another contract.
This "NIL" (open corruption) situation in college is just garbage.
Very true...free agency at least gets one a contract with the team you go to. College sports have no rules unless it is Harbaugh (fuck the NCAA!.)
Can't blame Dickinson...wonder if it is guaranteed money?
As we have seen, all it takes is some generous donors to buy a few very good players.
You can’t blame the NCAA for this. NIL is not a NCAA decision, it is the result of a court case and there is no circumstances in which limits on an athletes ability to get NIL money would remotely be allowed in court. The vast majority of this board supported NIL for athletes, welcome to the world you wanted.
It's an evolution in the right direction. The next step is to treat D-1 athletes like the true professionals they are and require contracts for these big payouts. The problem is the instant, no consequences, no sit out period transfer portal, not nil, per se.
April 21st, 2023 at 10:31 AM ^
Why is the no sit out rule a problem. Do you have a "sit out" period in your contract with your employer? A few do but this is very uncommon overall and some argue it is harmful to the economy to require productive, in demand, people to be sidelined from their profession when they change jobs.
The NCAA had an opportunity to establish some kind of framework in which players could be fairly compensated in a regulated way. They had years to do that. Instead, they dug their heels in and fought tooth and nail against anything even starting to move in that direction, and held on until the courts blew the whole thing up. They could have gotten out in front of things and maintained control, but they didn't.
April 20th, 2023 at 10:35 PM ^
You still have the same issue. There is no way to regulate NIL and it is highly unlikely you will get a union to negotiate with based on the number of athletes and the vast disparity in employers and their ability to provide compensation. This is not the NFL and putting together a single set of regulations for the NCAA will be virtually impossible. Even if you did, NIL will still be unregulated and the difference maker.
the college football and basketball you used to love is dead.
April 21st, 2023 at 10:30 AM ^
It's not dead for me.
if anything, it is more alive than ever. I can't wait to see what happens when FB & BB players get a % of the action.
April 21st, 2023 at 11:42 AM ^
Yes, there is / was a way. I am waiting for the first college to offer kids "2 year / 4 year" contracts. So it goes both ways. Yay, you'll get paid but you will also sign a contract stating that you will "work" (ie participate in a sport) for said school.
And yes, I know there will always be escape clauses and such, but this would certainly be a way to tamper down some of the transfer portal with athletes will be tied to contracts and actually committed to a school, just as the school is committed to paying the athlete.
April 20th, 2023 at 10:42 PM ^
I more or less agree with the court's decision, but ... I understand why the NCAA did what it did, and ... I do worry that the end result is going to significantly lessen the entertainment value of college football and basketball for fans.
And, hell, maybe that's for the best. Maybe it was necessary. But ... college basketball is now, in my opinion, significantly worse than it was in the past (God it was fun to watch Gary Grant and Glen Rice play for three years, and even Chris Weber play for two), and college football is as well (in different ways).
The NCAA was trying to maintain something that benefited the fans (and, by the way, the non-revenue-producing sports), at the expense of the athletes in the revenue-producing sports. Maybe that wasn't fair, and maybe that wasn't, at the end of the day, the "just" thing to do. But ... I think we've opened Pandora's Box, opened the barn door, and let the genie out of the bottle (I'm not quite sure which of those metaphors is most apt, so I'll let you decide).
And ... sigh. College sports is the worse for it.
April 21st, 2023 at 10:36 AM ^
"The NCAA was trying to maintain something that benefited the fans (and, by the way, the non-revenue-producing sports), at the expense of the athletes in the revenue-producing sports. Maybe that wasn't fair, and maybe that wasn't, at the end of the day, the "just" thing to do. "
The NCAA was trying to maintain something that benefitted the NCAA and the schools. The fans were a secondary consideration. And you succinctly stated the unfairness of the system. In my opinion, there is no maybe.
April 20th, 2023 at 10:48 PM ^
They were too busy investigating schools for excesssive stretching and supplying student athletes with unauthorized peanut butter and jelly sandwiches.
April 20th, 2023 at 11:09 PM ^
Spot on - they 100% screwed the pooch and this is the new normal. They should've found a way to pay the players a generous stipend that is uniform across all schools. I would've favored a system that paid players fixed amounts on a schedule that encouraged them to come back to school and earn more each year and then get a bonus upon graduation. And if should top recruits should get more, give them some kind of maximum bonus. But the idea is that it would at least be somewhat equitable (on the surface at least), theoretically allowing all teams to compete. Instead, we get this Wild West free agency that is turning the big programs like Kansas into the Yankees.
April 20th, 2023 at 10:39 PM ^
.Double Post.
April 20th, 2023 at 10:41 PM ^
I understand the rules. My mention of the NCAA was to interject a bit of humor into a situation where we are paying kids millions of dollars to sign on the dotted line and the NCAA is concerned about buying someone a burger.
But that is exactly on the ncaa. They had every opportunity for o implement a system or framework, but refused to do so. State legislators stepped in, which created a patchwork of policies. Again, the ncaa failed to create a uniform system that would allow for player compensation. Then, finally they had to try to cobble something together after the Supreme Court forced them to. This could have been avoided had the ncaa been proactive
This isnt NIL this is pay to play or pay to stay money.
NIL is what the schools would be paying for the kids representing them in stadium and on telecasts. That isnt this.
Its a silly little farce but we all still call it NIL money because we hate the NCAA but yet...
The education is the exact same for big time basketball players, except now they’re getting real world experience in changing jobs, negotiating contracts, and branching out.
this is absolutely what Hunter needs to do, unless he gets more elsewhere. Win win for him. Win more games, maximize your earning potential to set yourself up for life
April 21st, 2023 at 12:28 PM ^
Education's important, but I think eight million dollars over two years while also getting a degree is going to be more beneficial to him in life than anything he would have learned here
The universities and billionaire media moguls all know this has ZERO to do with educations and it's interesting that people actually believe it still does.
If I'm Hunter and I know I'm not going to be drafted or have a real chance in the NBA, I'm taking the money and running. Anyone who says otherwise is either lying or a fool.
That's even more than my bonus was this year
What is a bonus? Asking for my teacher friends.
My bonus, as I was told, as a teacher, was seeing the smiles on the kid's faces.
Kids can smile? I must be teaching wrong.
June and July.
Don't forget August. Wonderful, wonderful August.
I won't lie. I love teaching and summer vacation was not a "reason" I teach but also don't know if I'd survive the job without it.
Anyone who gets into teaching for 3 months off is doing it for the wrong reasons. I'm jealous that my wife gets 2.5 months "off" every year, but I don't want to deal with what she has to put up with for the other 9+ months. A lot of talented people are getting burned out and leaving.
My wife is a special ed para. Almost all the downsides of a being a teacher for half the money, but it's unbelievable what these special ed teachers do for these kids and their parents.
Logged in to upvote! 💯
Schools get out in June and July is for continuing ed and wondering where you're being moved in the building this time.
"but but but... you get summers off!"
I'm not a teacher, but the entire family tree on my dad's side are all teachers. Every last one of em.
April 20th, 2023 at 10:32 PM ^
Public school teachers in New Jersey make 6 figures and all that time off. Maybe that’s why we have better public schools here.
I didn't think it possible but you made moving to New Jersey sound amazing!
Two words: boardwalk pizza
April 21st, 2023 at 10:01 AM ^
Asking for MeLLLLLLL's assistants.
April 21st, 2023 at 10:04 AM ^
Summer break?
pizza party?
The rumored nil offers have basically all been wrong and all been high
I would be very curious to know your sources on that.
I mean this very same guy (Chris Balas) said that JJ was making 2 million last year and then his dad reached out to Sam and explicitly denied that number.
So yeah Im not gonna put much stock into it
Sam Webb did say on the MGoBlog Roundtable today that the rumor is that KU was determined "not to be beaten" in terms of NIL for Dickinson fwiw.
PS - While I am hopeful M hoops will be better next year I do not believe they will be title contenders. It would be fitting Karma for Hunter and KU to end the run of "Izzo's best team ever!!" next March.