PTFO - How to (Legally) Pay a College Football Player: NIL Collectives, Explained

Le Batard & Friends Network

Dan Le Batard

Sports

4.9 • 8.3K Ratings

🗓️ 30 August 2024

⏱️ 52 minutes

🔗️ Recording | iTunes | RSS

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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. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Transcript

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0:00.0	Welcome to Pablo Torrey finds out. I am Pablo Torrey and today we're going to find out what this sound is.
0:06.0	Nick Saben was running roughshod over the entire sport.
0:10.0	NIL comes along, deuses.
0:12.0	Right after this ad. NIL comes along, deuses.
0:13.1	Right after this ad.
0:15.8	You're listening to Draft Kings Network. Hey! Is your mic on? I like to turn it off occasionally so I don't make like a bodily noise into the microphone.
0:37.0	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?
0:47.3	I need you on the record. I need you... I'm not gonna... You're gonna toggle. You're going to toggle.
0:52.5	Yeah, it's an on-off swing.
0:55.6	It's just the way that I'd like to operate.
0:57.6	Yeah, you have trust issues.
0:59.9	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.
1:06.0	I want to start actually by exposing some parts of your body.
1:09.0	All right.
1:10.0	For journalistic, disclosure sake.
1:12.0	I came to Miami to see Mike Ryan's tattoos in person.
1:15.0	Oh yeah I got a lot more since we last saw each other.
1:18.0	Well what do you have most recently?
1:20.0	Most recently I've got a tattoo of the turn style album cover.
1:24.3	I've got a tattoo of the Clevelander, the Clevelander logo in there.
1:30.1	That like's basically going to be like when I'm done with it, a journey of where I've been.
1:35.0	The Cleveland or hotel on your...
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