There has been some talk of "In the NIL era - maybe elite players could choose to pass on the NBA Draft and stay in college if the money is comparable. Maybe Ace/Dylan could stay for 2 or more years if boosters could match their NBA money."
This is why that will never happen.
Even if a college program could match the 1st NBA contract $ for $, the possibility of the 2nd contract is the problem.
Let's look at Anthony Edwards/Lamelo Ball. Top 5 draft picks in 2020 and just signed their 2nd contract last week.
Rookie Contract:
19yo: $9m
20yo: $9m
21yo: $9m
21yo: $9m
That alone is well above what elite players are currently making from NIL (from unverified reports on message boards).
Here is the deep water - 2nd contract Rookie Max Extension
5y 260m ($205m guaranteed)
22yo: $36m
23yo: $38m
24yo: $41m
25yo: $44m
26yo: $47m
If they were to stay in college longer and then they would only make approx $11m/year for age 22-26 (rookie contract).
This assumes that at 22 years old they would still be a Top 5 pick in the NBA Draft (unlikely).
Now people can say "it's just funny money at that point. College is an experience they'll never get back".
Sure - but it is a $200m experience?
Even just delaying one year - is staying in college a $30m experience?
That's what they are potentially giving up for every year they stay in college over going pro and starting the clock towards that 2nd contract.
https://www.spotrac.com/nba/minnesota-timberwolves/anthony-edwards-70643/
This is why that will never happen.
Even if a college program could match the 1st NBA contract $ for $, the possibility of the 2nd contract is the problem.
Let's look at Anthony Edwards/Lamelo Ball. Top 5 draft picks in 2020 and just signed their 2nd contract last week.
Rookie Contract:
19yo: $9m
20yo: $9m
21yo: $9m
21yo: $9m
That alone is well above what elite players are currently making from NIL (from unverified reports on message boards).
Here is the deep water - 2nd contract Rookie Max Extension
5y 260m ($205m guaranteed)
22yo: $36m
23yo: $38m
24yo: $41m
25yo: $44m
26yo: $47m
If they were to stay in college longer and then they would only make approx $11m/year for age 22-26 (rookie contract).
This assumes that at 22 years old they would still be a Top 5 pick in the NBA Draft (unlikely).
Now people can say "it's just funny money at that point. College is an experience they'll never get back".
Sure - but it is a $200m experience?
Even just delaying one year - is staying in college a $30m experience?
That's what they are potentially giving up for every year they stay in college over going pro and starting the clock towards that 2nd contract.
https://www.spotrac.com/nba/minnesota-timberwolves/anthony-edwards-70643/