How to (Legally) Pay a College Football Player: NIL Collectives, Explained
Pablo Torre Finds Out
Pablo Torre
4.7 • 2.6K Ratings
🗓️ 27 August 2024
⏱️ 52 minutes
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Summary
When the Supreme Court ruled, in 2021, that college athletes can monetize their Name, Image, and Likeness, football recruiting changed forever. Organizations known as NIL collectives emerged to pay players de facto salaries, in coordination with universities. But soon, thanks to yet another legal development, those universities may be able to pay players, directly — raising many, many questions about what the hell is going on. So Meadowlark’s own University of Miami booster, Mike Ryan, takes us inside their NIL collective. And On3's Andy Staples — a former national champion o-lineman at the University of Florida — helps us understand the future of a not-quite-open market. Also: Jaden Rashada, LifeWallet, and stone crabs.
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Transcript
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| 0:00.0 | The future is unpredictable at times, but the open university are the experts in online learning, allowing you to fit study around your life. |
| 0:11.3 | What's more, you'll have support from dedicated tutors every step of the way. |
| 0:16.1 | Now, suddenly your possibilities are open. |
| 0:20.2 | Registered by the 11th of September to get started. |
| 0:25.3 | The Open University, the future is open. |
| 0:32.5 | Welcome to Pablo Torre finds out. |
| 0:34.7 | I am Pablo Torre, and today we're going to find out what this sound is. |
| 0:38.7 | Nick Saban was running roughshod over the entire sport. NIL comes along, Duce is. |
| 0:45.3 | Right after this ad. |
| 0:47.9 | You're listening to Draft Kings Network. |
| 1:04.3 | Is your mic on? |
| 1:08.8 | I'd like to turn it off occasionally so I don't make like a bodily noise into the microphone. |
| 1:29.3 | That's a thing. That you have... No, that's a thing that others do. You have no tape of me doing it because I'm always good about turning my... You need it on the entire time? I need you on the record. I need you... I'm not going to... You're going to toggle. Yeah, it's an on-off suite. It's just the way that I'd like to operate. |
| 1:31.0 | You have trust issues. |
| 1:37.6 | Sometimes I like to, you know, adjust the saliva in my mouth, and I don't want to take the audience on that journey with me. |
| 1:41.0 | I want to start, actually, by exposing some parts of your body. |
| 1:41.6 | All right. |
| 1:43.6 | For journalistic disclosures' sake. I came to Miami to see Mike Ryan's tattoos in person. Oh, yeah. I've got a lot more since we last saw each other. Well, what do you have most recently? Most recently, I've got a tattoo of the turnstile album cover. Oh, God. I've got a tattoo of the Clevelander, the Clevelander logo in there. |
| 2:02.5 | That legs basically got to be like when I'm done with it, a journey of where I've been. |
| 2:07.6 | The Clevelander Hotel on your... |
| 2:09.9 | Things that shape me. |
| 2:10.9 | Things that shape me. |
... |
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