2024 Draft Thread
- Thread starter Mark87
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No one is going to be offering Henderson 1st round money not when he might not even be a 3rd round pick.
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It's not first round money to stay in school. It's millions to stay in school one more year, and reap the rewards of a higher salary cap and first round money the following year.
Here's the estimate for being #1 as of today. Next year you could add millions.
The projected contract for the No. 1 pick in the 2023 NFL Draft is estimated to be around $41,217,000 in total value, with a signing bonus of approximately $26,976,000 and a 2023 salary cap hit of $7,494,000, according to Spotrac.
Overall, Shedeur Sanders's NIL value currently sits at $4.8 million, according to On3, up from $1.5 million at the beginning of the year -- that's the highest value in all of college football.
I hate repeating myself, but when this whole thing started, and I reported on info I had about the University of Texas having donors that were going to give $50k to each offensive lineman, it was just the beginning, and I knew it. I know people, down here in Texas, who think nothing of dropping a million bucks on a whimsical idea.
Compounding the whole thing is that the Texas State Legislature passed a bill, and it was signed into law, that says that the NIL money given to college athletes in Texas is private, and not to be disclosed. That makes it very interesting, since just the tip of the iceberg is shown with what has been made public knowledge. Texas, over the last roughly 9 to 10 months, the known NIL money for football alone is over $15.5 million, and Texas A&M in the $14 million dollar range. But, as I said, it's the tip of the iceberg. If you follow the letter of the law, the state has pretty much told the NCAA the figures are none of their business, because it's been legitimized through the courts.
Here's the estimate for being #1 as of today. Next year you could add millions.
The projected contract for the No. 1 pick in the 2023 NFL Draft is estimated to be around $41,217,000 in total value, with a signing bonus of approximately $26,976,000 and a 2023 salary cap hit of $7,494,000, according to Spotrac.
Overall, Shedeur Sanders's NIL value currently sits at $4.8 million, according to On3, up from $1.5 million at the beginning of the year -- that's the highest value in all of college football.
I hate repeating myself, but when this whole thing started, and I reported on info I had about the University of Texas having donors that were going to give $50k to each offensive lineman, it was just the beginning, and I knew it. I know people, down here in Texas, who think nothing of dropping a million bucks on a whimsical idea.
Compounding the whole thing is that the Texas State Legislature passed a bill, and it was signed into law, that says that the NIL money given to college athletes in Texas is private, and not to be disclosed. That makes it very interesting, since just the tip of the iceberg is shown with what has been made public knowledge. Texas, over the last roughly 9 to 10 months, the known NIL money for football alone is over $15.5 million, and Texas A&M in the $14 million dollar range. But, as I said, it's the tip of the iceberg. If you follow the letter of the law, the state has pretty much told the NCAA the figures are none of their business, because it's been legitimized through the courts.
Yes they have offered him that $.... these are deep pocket boosters. I'll say this again, have to get your head out of the old-school UW mentality...those days are gone.
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Henderson seems the type you could replace in the portal though. He's not a elite RB so why pay that to keep him?
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If that was the point, it shot right over my head too! Interesting take and it makes sense now.
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I think the mistake is that people believe "someone" is going to offer them the money. That's not the case. Several sources will "offer them money," and it's the combined total from all of them, not a singular source.
As an example: At the University of Texas, there's a "group of businesses" that offered money to the offensive linemen. The total number, I don't know. But the idea behind this is that every one of them can use name and likeness in selling product and/or services. To top it off, they're not exclusive, there are more coming on board regularly, boosting the anti. The $50k was just the "base" of what these kids would get, there could easily be hundreds of thousands additionally, as long as it's not in direct competition to what the original deal makers line is.
You can look around and see these kids appearing on billboards, speaking in radio ads, in TV ads, pictures on menus, stating that's their favorite place for pizza, or other foods. Favorite store to buy pet food, groceries, and even places they get their hair cut. It's an endless number of revenue streams, and most of it consists of no more than a picture or two, which they add captions.
Good example, in Wisconsin. The TV ads for Hupy & Abraham. The shot a commercial with William Shatner, years ago. They paid him out front for doing it, and every time it airs, they pay him a residual. The same thing applies to these kids, in sports.
I have a cousin who makes millions of dollars every year by the money he gets for the repeated airings of movies he directed, scripts he wrote, films and TV productions, as well as the constant residuals he gets from three of the most successful TV shows on reruns throughout the world, that he's been part of since their concept.
You can't compartmentalize this as easy as people would like to believe it can be done. You gotta go completely outside the box to understand it. The money comes from everywhere. The thing that ties the kid to a particular school is those who buy their services/likeness, simply because they're willing to spend the money on it to promote their school. Also, remember, the vast majority of the money paid to them by these purchasers is tax deductible, as business expenses.
As an example: At the University of Texas, there's a "group of businesses" that offered money to the offensive linemen. The total number, I don't know. But the idea behind this is that every one of them can use name and likeness in selling product and/or services. To top it off, they're not exclusive, there are more coming on board regularly, boosting the anti. The $50k was just the "base" of what these kids would get, there could easily be hundreds of thousands additionally, as long as it's not in direct competition to what the original deal makers line is.
You can look around and see these kids appearing on billboards, speaking in radio ads, in TV ads, pictures on menus, stating that's their favorite place for pizza, or other foods. Favorite store to buy pet food, groceries, and even places they get their hair cut. It's an endless number of revenue streams, and most of it consists of no more than a picture or two, which they add captions.
Good example, in Wisconsin. The TV ads for Hupy & Abraham. The shot a commercial with William Shatner, years ago. They paid him out front for doing it, and every time it airs, they pay him a residual. The same thing applies to these kids, in sports.
I have a cousin who makes millions of dollars every year by the money he gets for the repeated airings of movies he directed, scripts he wrote, films and TV productions, as well as the constant residuals he gets from three of the most successful TV shows on reruns throughout the world, that he's been part of since their concept.
You can't compartmentalize this as easy as people would like to believe it can be done. You gotta go completely outside the box to understand it. The money comes from everywhere. The thing that ties the kid to a particular school is those who buy their services/likeness, simply because they're willing to spend the money on it to promote their school. Also, remember, the vast majority of the money paid to them by these purchasers is tax deductible, as business expenses.
They do and then some as does UGA.... both could deep pocket the rest to nonexistence, however, they both have 3-4 top 5 classes of talent with another coming in. That's the difference.... Ohio State, UGA, and Bama are losing some kids but have better depth behind them or coming in so pff go ahead and leave. It helps those schools by opening some scholarships.
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Yeah those top schools have no problem to recurit and if they bring in 4-5 star kid 2 years later probably tell the kid either ok you are going to start for us next year or you now what it's not working out here we don't have a place for you to start so you should hit the portal. Nice problem to have you have so many talented kids you have to advise some to leave.