Renegotiating NIL Deal

[MADHAT1]

From Football Scoop

Tennessee: Nico Iamaleava was the first recruit to sign a mega NIL deal as a recruit, and now he's the first to publicly threaten to hit the portal if his school doesn't give him a raise.

On3 reported Thursday that Tennessee and Nico Iamaleava are in "active negotiations" to the quarterback a new contract ahead of the spring transfer portal window opening next Wednesday, April 16. The article includes plenty of soft language -- it opens by saying it's a move "many around the program expected" and that Iamaleava "is happy at Tennessee and has a strong relationship with coach Josh Heupel." The implication is so clear that it doesn't need to be said, but On3 notes that "it remains unclear if those negotiations will impact" Iamaleava's decision to enter the portal next week.
A 5-star recruit out of Long Beach, Iamaleava was the first recruit believed to have signed a mega-NIL deal before enrolling in school. In March 2022, The Athletic reported a recruit, later revealed to be Iamaleava, signed an $8 million NIL deal that paid him $350,000 "almost immediately," and in then in monthly installments totaling in the neighborhood of $2 million a year for his first three years on campus. Iamaleava is now entering the final year of that contract, but the market for top-level college quarterbacks has now surpassed that deal. Carson Beck (Georgia to Miami) and Darian Mensah (Tulane to Duke) both got $3 million to transfer, and Bryce Underwood, the No. 1 recruit in the 2025 class, got the same amount to sign with Michigan, On3 reports.

 

[satnom]

Money, college age students, non-binding agreements, the portal and no oversight governing body to oversee/enforce deals.

What could go wrong?

GO RU

 

[yesrutgers01]

From Football Scoop

Tennessee: Nico Iamaleava was the first recruit to sign a mega NIL deal as a recruit, and now he's the first to publicly threaten to hit the portal if his school doesn't give him a raise.

On3 reported Thursday that Tennessee and Nico Iamaleava are in "active negotiations" to the quarterback a new contract ahead of the spring transfer portal window opening next Wednesday, April 16. The article includes plenty of soft language -- it opens by saying it's a move "many around the program expected" and that Iamaleava "is happy at Tennessee and has a strong relationship with coach Josh Heupel." The implication is so clear that it doesn't need to be said, but On3 notes that "it remains unclear if those negotiations will impact" Iamaleava's decision to enter the portal next week.
A 5-star recruit out of Long Beach, Iamaleava was the first recruit believed to have signed a mega-NIL deal before enrolling in school. In March 2022, The Athletic reported a recruit, later revealed to be Iamaleava, signed an $8 million NIL deal that paid him $350,000 "almost immediately," and in then in monthly installments totaling in the neighborhood of $2 million a year for his first three years on campus. Iamaleava is now entering the final year of that contract, but the market for top-level college quarterbacks has now surpassed that deal. Carson Beck (Georgia to Miami) and Darian Mensah (Tulane to Duke) both got $3 million to transfer, and Bryce Underwood, the No. 1 recruit in the 2025 class, got the same amount to sign with Michigan, On3 reports.

My take on it is that if you are going to be one of the first schools to jump into the deep end - then if a kid holds out for more later, you have no room to bitch about it.

They outbid other schools for his services and now they will have to do it again. And these NIL deals do not seem to be binding- so the kid has every right to hit the portal.

 

[MADHAT1]

My take on it is that if you are going to be one of the first schools to jump into the deep end - then if a kid holds out for more later, you have no room to bitch about it.

They outbid other schools for his services and now they will have to do it again. And these NIL deals do not seem to be binding- so the kid has every right to hit the portal.

Right now a lawsuit over promised NIL money is going on between Jaden Rashada and Florida
Jaden left Florda over his NIL payment, went to ASU to play and transferred from there there after one season to Georgia, where he didn't play in any games and now back in portal ,reportedly been in contact with Western Kentucky, UConn and Tulane, per On3 Sports.
>On Tuesday, a federal judge handed Jaden Rashada a critical win in his lawsuit against Florida Gators head coach Billy Napier, former staffer Marcus Castro-Walker, and wealthy booster Hugh Hathcock.
U.S. District Judge M. Casey Rodgers ruled that the former five-star quarterback’s fraud claims can proceed to discovery.<

Judge Allows Jaden Rashada’s NIL Fraud Suit Against Florida To Move Forward

On Tuesday, a federal judge handed Jaden Rashada a critical win in his lawsuit against Florida Gators head coach Billy Napier, former staffer Marcus Castro-Walk

www.si.com

 

[DJ Spanky]

Wild, Wild West baby!

 

[DHajekRC84]

My take ? F him and the rest of these mercenaries who know 1 thing. Me.

 

[yesrutgers01]

My take ? F him and the rest of these mercenaries who know 1 thing. Me.

Ehhh- what is the kid going to do? Not take the money in the first place. There is also no rule that says his coach has to play him either.
The players didn’t make these rules. And schools like Tennessee decided to play big dog. This is what they get.

 

[DHajekRC84]

Ehhh- what is the kid going to do? Not take the money in the first place. There is also no rule that says his coach has to play him either.
The players didn’t make these rules. And schools like Tennessee decided to play big dog. This is what they get.

How bout just honor the first contract he accepted. Character and honor for sale which I know is OK with many these dsys. #Chase that money!

Oh and yes. F those football semi pro " universities " too. No sorry for them for sure.

 

[yesrutgers01]

How bout just honor the first contract he accepted. Character and honor for sale which I know is OK with many these dsys. #Chase that money!

Oh and yes. F those football semi pro " universities " too. No sorry for them for sure.

When he signed his NIL- I’m not sure the schools and coaches were allowed to be a part of them. I may actually be wrong but he takes room, board and education from the school and cash from the collective.

 

[DHajekRC84]

When he signed his NIL- I’m not sure the schools and coaches were allowed to be a part of them. I may actually be wrong but he takes room, board and education from the school and cash from the collective.

OK. Thanks.

 

[LETSGORU91]

Let him hit the portal and terminate his contract immediately. I hope the major programs get together and collectively blackball money grubbing a-holes like this who won't honor their contract. Sadly, colleges will likely follow the trends of the professional leagues and someone will pay him. Then the next whiner will point to him and demand more while pulling the same stunt. Rinse, wash and repeat.

 

[-RUFAN4LIFE-]

How bout just honor the first contract he accepted. Character and honor for sale which I know is OK with many these dsys. #Chase that money!

Oh and yes. F those football semi pro " universities " too. No sorry for them for sure.

Do you say the same thing when a professional athlete does the same thing? Something tells me you use a double standard by claiming they are professional athletes.

 

[RUforester72]

Pardon me while I puke.

 

[miket007]

I was shocked UT gave him that coming out of high school and from what we've seen he's nowhere near worth it....

 

[ScarletDog]

I was shocked UT gave him that coming out of high school and from what we've seen he's nowhere near worth it....

He is nowhere near what was expected of him. I would telll him to honor the contract or pack his bags. Cannot have holdouts. A deal is a deal and he got a great one.

 

[Mufasa94]

My take on it is that if you are going to be one of the first schools to jump into the deep end - then if a kid holds out for more later, you have no room to bitch about it.

They outbid other schools for his services and now they will have to do it again. And these NIL deals do not seem to be binding- so the kid has every right to hit the portal.

Legally, there is nothing forbidding him from doing what it appears he is doing. But, if he made an agreement with another party, and said party is upholding their end, he is on the wrong side of things ethically.

 

[Caliknight]

Ehhh- what is the kid going to do? Not take the money in the first place. There is also no rule that says his coach has to play him either.
The players didn’t make these rules. And schools like Tennessee decided to play big dog. This is what they get.

Because they offered him a great deal before, one they were apparently living up to, doesn’t mean they have to offer him an even bigger deal. If they are going to offer a monster deal I’d go after someone better and let him walk. Be he won’t get the original deal he’s walking from.

For every kid it works out for, 10 are going to learn some hard lessons.

 

[DHajekRC84]

Do you say the same thing when a professional athlete does the same thing? Something tells me you use a double standard by claiming they are professional athletes.

Your damn right I do and that would make you WRONG on both your question and assumption . Something tells me you just like to use the BS that was the coaching change insanity as well as the money being made by the Schools and NCAA to justify the new level of craziness regardless of the impact it is having on the institution of college sports.

 

[-RUFAN4LIFE-]

Your damn right I do and that would make you WRONG on both your question and assumption . Something tells me you just like to use the BS that was the coaching change insanity as well as the money being made by the Schools and NCAA to justify the new level of craziness regardless of the impact it is having on the institution of college sports.

Nope, I find many hold student athletes to a higher standard than professionals when it comes to these things and wouldn't blink if a professional athlete did this because literally no one says a pro should "honor" their contract but that's always the first words said when it's a student-athlete.

 

[DHajekRC84]

Nope, I find many hold student athletes to a higher standard than professionals when it comes to these things and wouldn't blink if a professional athlete did this because literally no one says a pro should "honor" their contract but that's always the first words said when it's a student-athlete.

A contract is a contract and you word is your word. Period full stop. I hardly watch any pro-sports and this is part of it.
PS..student-athlete lol. good one.

 

[yesrutgers01]

again, I’m not sure this is a contract between Tenn and the player. I am not sure if the School/Coach was allowed to have a NIL contract with a player when this one came about. Of course, we all know these schools were involved but on the legal side, this should have been a 3rd party agreement.
I personally hate what NIL has become.
But let me ask this. What if a kid starts school and is a 2/3 star OL and agreed to a NIL that just paid him out a couple thousand and a local food deal. And by his 3rd year he is starting and going into his final year or two, projected to be an NFL draft pick. Should he honor a couple of burgers and a couple thousand dollars when everyone else in his position level is getting 6-7 figures???
As for professionals- I never begrudge players getting what they can. Professional owners are complete dirtbags. Think about how they play that minor league crap in baseball or in football- cut you any time they want just to make room on the salary cap.

I hate NIL but it isn’t the players faults.

 

[-RUFAN4LIFE-]

A contract is a contract and you word is your word. Period full stop. I hardly watch any pro-sports and this is part of it.
PS..student-athlete lol. good one.

Unlike the pros these are non-binding contracts, the school can also break it by telling the player they have no role any longer or a severely diminished role so they should either hit the portal or they are going to reduce NIL. I don’t hear people complain when coaches give players “the talk” which voids a long term NIL deal.

 

[yesrutgers01]

Maybe these NIL deals need a buyout clause similar to what coaches have

 

[Plum Street]

My take on it is that if you are going to be one of the first schools to jump into the deep end - then if a kid holds out for more later, you have no room to bitch about it.

They outbid other schools for his services and now they will have to do it again. And these NIL deals do not seem to be binding- so the kid has every right to hit the portal.

I didn’t read the article, where did you see Tennessee bitching about it?

 

[Plum Street]

Maybe these NIL deals need a buyout clause similar to what coaches have

I would think you need oversight or regulation for that.
If 2 teams offer similar contracts , one with a buyout clause and one without the player is most likely going to sign the one without.

 

[yesrutgers01]

I would think you need oversight or regulation for that.
If 2 teams offer similar contracts , one with a buyout clause and one without the player is most likely going to sign the one without.

Well, that is all part of any negotiation. When I join a new organization- I negotiate a severance package prior to taking the job. If they decide they don’t want to do that, they are free to hire someone else.

 

[Zak57]

Tennessee told him to kick rocks. They're moving on without him.

 

[-RUFAN4LIFE-]

Smart decision, it leaves them plenty of time now to tamper with Athan or another starting QB elsewhere to join them for training camp.

 

[DHajekRC84]

Unlike the pros these are non-binding contracts, the school can also break it by telling the player they have no role any longer or a severely diminished role so they should either hit the portal or they are going to reduce NIL. I don’t hear people complain when coaches give players “the talk” which voids a long term NIL deal.

I don't know about any talks to save NIL money but I'm not a big fan of that stuff either. Don't think I believe things are perfect that side either. I'll be happy when there is more structure to the whole damn mess but I'll likely be long gone by then.

 

[LETSGORU91]

Nope, I find many hold student athletes to a higher standard than professionals when it comes to these things and wouldn't blink if a professional athlete did this because literally no one says a pro should "honor" their contract but that's always the first words said when it's a student-athlete.

@DHajekRC84 is literally telling you a pro should honor his contract and I am saying that as well. So there is literally at least two people in the world who think so and I'm guessing there's a whole lot more too.

 

[LETSGORU91]

But let me ask this. What if a kid starts school and is a 2/3 star OL and agreed to a NIL that just paid him out a couple thousand and a local food deal. And by his 3rd year he is starting and going into his final year or two, projected to be an NFL draft pick. Should he honor a couple of burgers and a couple thousand dollars when everyone else in his position level is getting 6-7 figures???

Fair point, but should that go both ways? Suppose a 4* gets supplanted by said 2/3*. Should the 4* get renegotiated because he didnt live up to the hype and get burgers and less cash?

 

[Knight Shift]

🤣🙄🤣

 

[Knight Shift]

 

[ScarletDog]

Smart decision, it leaves them plenty of time now to tamper with Athan or another starting QB elsewhere to join them for training camp.

Athan to Tennessee. You nailed it.

 

[czxqa]

Unlike the pros these are non-binding contracts, the school can also break it by telling the player they have no role any longer or a severely diminished role so they should either hit the portal or they are going to reduce NIL. I don’t hear people complain when coaches give players “the talk” which voids a long term NIL deal.

You also don't hear them complain when their school hires a coach who is under contract with another team, or when their school breaks its contract with the conference to join one that pays much better. Everybody else in college sports treats all contracts as negotiable, who can expect the players to act any differently?

Matter of fact, this may be the last best time for players to exercise what leverage they have if this Clearinghouse turns out to be what we're being told it is.

 

[yesrutgers01]

Actually, now that Tenn is announcing they are moving on- aren’t they also breaking the agreement?

 

[Zak57]

 

[ScarletDog]

Actually, now that Tenn is announcing they are moving on- aren’t they also breaking the agreement?

Not breaking anything. They told the kid no f’in way will give him what he wants. If he demands the $$ or he’s walking they have every right to say no way go ahead and walk.

 

[tico brown]

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🤣🙄🤣

 

[tico brown]

Random IG Guy makes sense