Isaiah Wong, Miami's best player from last year gives the school an ultimatium to have his NIL deal increased by LifeWallet, or he will hit the transfer portal. Is this what will now become of all these NIL deals?
NIL deal gone BAD!!!!
- Thread starter bama1195
- Start date
Miami just landed a guy in the portal who received a very lucrative NIL deal. I would think Wong's demands are in response to that situation.
So, apparently Wong has an agent who negotiates his deals. His agent, Adam Papas, recently negotiated a deal for another transfer player who landed at Miami...
Papas says he recently negotiated an NIL deal for Kansas State transfer Nijel Pack that included $800,000 over two years plus a car. Pack was considered the No. 1 player in the transfer portal before committing to Miami. The deal was funded by billionaire John Ruiz, who has been at the forefront of the NIL movement, orchestrating deals across several sports.
This is sounding more and more like professional sports.
Papas says he recently negotiated an NIL deal for Kansas State transfer Nijel Pack that included $800,000 over two years plus a car. Pack was considered the No. 1 player in the transfer portal before committing to Miami. The deal was funded by billionaire John Ruiz, who has been at the forefront of the NIL movement, orchestrating deals across several sports.
This is sounding more and more like professional sports.
So he wants at least as much as the new player who has not done what he’s done for the university?
Well, he’s not…. wait for it….
Wong
When the NIL deal is at least indirectly worked out through the athletic program then there will be some messy arrangements and divorces. It's one thing when some business is offering deals to players at various locations. It's another when the deal is contingent on playing at a particular school.
How long until some kid punks out the day of a game because he found out a teammate got a bonus for the previous week and his "agent" said he better sit until he gets his too?
How long until some kid punks out the day of a game because he found out a teammate got a bonus for the previous week and his "agent" said he better sit until he gets his too?
This is only the very beginning of what the NLI, under its current format, has brought, which is much worse then I ever imagined it would become. Only imagine what this nightmare will look like a few years from now.
Not really. It's unsustainable. After a few years of the Wild West, boosters will have to hammer out an agreement behind the scenes, or watch their programs crash and burn.
It's why Saban is once again ahead of the game, establishing a team of marketing and legal professionals to assist with realistic NIL for players in the program (also a selling point for top recruits) and still emphasizing NFL prep by hiring a former NFL GM as a consultant. He will take advantage of NIL, but has made it clear he's not doing bidding wars.
I do agree this radically changes college sports but I don’t get why it’s outrageous. Kid brings value and wants to get paid for it. Capitalism.
It will not be long before players will start holding out in July and August before season starts threating not to play unless there NIL deal is increased.
And that'll end when a ballsy coach pulls a guy's scholarship for missing practice, driving their NIL to 0. And with no way to transfer and play immediately.
It is professional sports as they are paid for their skills and efforts. Give us a salary cap.
