Is NIL Good for College Athletes? 

Hypocrisy is a member of the media telling some one else they shouldn’t be able to profit off their own image or likeness.

College athletes should have a major called "sports performance"; stop pretending to educate them. They're there for preparation for the pros, and we all know it.

Uhhh isn’t Dave always saying you’re paid by the value you bring? If these athlete are bringing in millions of dollars they should get a portion of that.

99.999% of college athletes will make absolutely nothing, theyre acting like every college athlete will be raking in dough. A handful of the best college football players will make some money and 99.99999 will make $0

Athletes bringing the universities millions of dollars in revenue per year. Player gets hurt...bye bye scholarship. Most athlete's get partial scholarships, few get full ride scholarships.

i'm confident i have heard both of these gentlemen worship at the altar of the almighty Free Market countless times before, yet neither one of them are "fans" of this new development.

You can't make billions of dollars off of someone's physical labor, pay them nothing and then offer them free room and board as compensation. There's a word for that, it has an ugly history and connotation.

I love NIL deals for college athletes and highschool kids!! Let’s go!! I love it! Get paid for talent!

Daves reasons for being against the nil are ridiculous.

Caitlin Clark didn’t have a problem with team work at Iowa. She was probably making good money from State Farm and stuff while the other players probably made almost nothing. But if they can make money slinging burgers and fries working at McDonald’s, then they should be able to make money doing an ad for McDonald’s.

Ken should work for RS for free, just to get some good experience. And never be able to change jobs without sitting out 1y. Then Dave turns around and recommends COMMUNISM! He should only pay himself the median RS salary with only the same equity share as every other employee, and see how he likes communal pay pools.

If student athletes are indeed students, why shouldn't they be free to transfer at any time just like any other college student?

Lets not forget Texas A&M made hundreds of millions of dollars off Johnny Manziel.

Wow. A real hypocritical comment about a college player and his Lamborghini. Do you complain about college administrators and coaches driving their Lamborghini cars to work? I think not. What players do with their money is none of your business.

Almost can't believe this is even a question. Of course NIL is good You know how much these schools used to make off these athletes while the athletes got nothing?

I'm celebrating a $30k stock portfolio today. started this journey with 6k. I have invested on time and also with the right terms now I have time for my family and the life ahead of me

The court took it out of the NCAAs hands because the NCAA wouldn’t do it. I’m happy people can make money on their efforts, but there has to be guidelines in place

I love Dave and have been following for 5 years now. However, I don’t know how Dave can complain about this and keep a straight face. He’s worths hundreds of millions of dollars. Deservedly so. He’s built himself up from literally nothing. He’s done so using the skills and abilities he’s developed over his lifetime. These athletes, and the ones that came before them, have helped these colleges earn billions upon billions of dollars. Meanwhile the NCAA stifled their ability to earn at every turn. To the point they literally made it illegal for them to even receive a sandwich from a coach. And now your main concern is that it’s hard to build a football team because the players are finally able to use their skills and abilities to profit for themselves? The same way everyone else does? Including their multimillionaire coaches? Give me a break. Pathetic take on their part.

Hard to believe these guys are wanting to hold back this upcoming generation of young men and women in order to preserve amateur sports. What a joke. How about you stop complaining about how this money could be bad for them, and complain about how the education they receive isn’t properly equipping them with the tools to handle it in the first place.

They make billions off these kids. They should make money.

It is pretty crazy. It is hard to even follow teams now. Every season it is like an almost brand new team. The starters go to portal to make more money. The backups enter the portal to get more playing time.

It’s not the NIL causing the problem, it’s the transfer portal! Paying players has always existed in basketball and football!

I’m always impressed at Ken’s ability to take an interesting topic and make it insufferable in two minutes - amongst this team of personalities he is the only one capable of this feat

There is no limit to how much a person should be able to profit for themselves and their god given ability. To think otherwise is very communist/socialist type mentality.

Integrity of collegiate sports? 😂😂😂😂😂😂

Not something I was expecting to see on the Dave Ramsay show. Deducing from first principles the inadequacies of a free market and making the case for wealth distribution. Sports is powerful.

The difference here is that the marketable entity is the team and not the individual player…. If 10 years from now, the school fields a random bunch of dudes with Gs on their helmets to take on the random bunch of dudes with T’s on their helmets, then the next next year is a different group after everyone jumps ship for a raise elsewhere Who is going to want to tune in, buy ticket, or buy a Tshirt? Not me

These colleges make Billion off these players. They deserve to be paid and paid well. Very simple 😂and God forbid players leave when they feel they are mistreated 😂

Amateur athletics? How much did you pay Nick Saban to speak? He coached amateur athletics. Why should he get paid? Wouldn’t that make him a professional?

it kills small school athletics though, the rich schools will prevail even more than they have before

Make money while you can. It's only a small % of the athletes making bank.

They are wrong about the transfer portal. Nothing wrong with transferring to a different school. Students have always had the option to transfer schools. You can only transfer 1 time. And they get paid on a revenue sharing model. They don't sign contracts saying they are going to be making a certain amount every year. They are not understanding how it works.

As a fan of a one-and-done College Basketball program, I hope this NIL money keeps kids around for another year or two 🤷🏻‍♂️

I disagree. Why should colleges make money off their players but not let players earn money? As to team building, there will always be disparity of income in competitive sports because some players are Michael Jordan's and others will not be remembered. They get paid accordingly. If we socialize sports, why not socialize everything, including financial advisors... Usually agree with you all, but this seems hypocritical to me.

A portion of all nil deals need to be given out to the players at a later time so they have something to get started with after football is finished

This is a GOOD thing. Universities would make money off these kids. Now a kid could make their money even if their professional career never takes off whether from injury or because they want to focus on something else in life. STOP HATING HATERS 😂🤣

I think it's both necessary for the players but also ruins the product. Players should have the right to get money off NIL and transfer and take a different opportunity if they need. In any other situation no one would ever try to force a person to stay in a situation they don't like or tell them they can't make money off their efforts. But at the same time it ruins the product for the fans because players can change teams on a yearly basis. The question of if it's good for the players in the long term is moot. We've decided that 18 year olds are adults and so adults get freedoms including the freedom to leave and the freedom to make money.

"you've got bling" so funny

Let's face it, a significant percentage of these athletes shouldn't be on a college campus without a mop and broom in hand. But, when major athletic programs bring in hundreds of millions of dollars, head coaches make tens of millions, and even assistant coaches garner six and seven figure salaries, they will do what they have to do to keep the money flowing out of the spigot. Money has ruined college athletics and this just made it worse. Anecdotal stories abound about college athletes who put the "dumb" in "dumb jock". Personally, I lost interest in college sports for this very reason. The real tragedy is that this has migrated to high school athletics. I read an article discussing the use of performance enhancing drugs at the high school level. Coaches turn a blind eye and give a wink and a nod when a high school athlete puts on fifty pounds of muscle in a year. The fact that this young athlete is potentially destroying his body never enters into the conversation. Sad.

The rare times I disagree with Dave and Jon. I think if a person can make $$$$, they should. I think NIL will change over time as in transfer rules and other things, but since these kids bring in millions amd even billions to their colleges, these kids need to get paid. However, I do agree one player makes $2 million vs another who makes nothing.

You are wrong on this Dave .. if the colleges are greedy can profit millions from the students, why can’t the athletes get a portion of it ?

Gentlemen, there is NIL and there is collective. - NIL is contract with Business/Organization - Collective is Booster influencing talent with the prize of money.

Rich old people love capitalism until young people do it. Then all of a sudden, they are entitled "kids" entitled with their "little feelings".

You don't have to stay. I like my job but if someone hurt my feelings, and had an opportunity elsewhere, I'd leave. My life. My right! And so would anyone else no matter the age.

Society values athletes way too highly. They are playing a game. Who really cares. Get off the couch and go do something active. It's outrageous that athletes are worth $40+M per year. Basketball isn't that hard or skillful when you're 7'0 and athletic.

Its just capitalism. Whats concerning is universities allowing sports gambling to be promoted on campus

Yeah f the college greed, split the money with the atheletes

It aint NIL thats the problem. Its the transfer portal

Oh they are friends with Nick Saban. Now their stance makes sense lol

Anything that takes money away from Universities is a win for me.

NIL has RUINED COLLEGE SPORTS

Divorce rate of 10x the public? How does that work, exactly, coming from a self-proclaimed "Math Guy"?

Very difficult to build college team??? Georgia make one of the best teams we have ever seen. Dave’s just mad Tennessee are terrible 😂

Do away with college football and basketball. Frankly amateur football and basketball SHOULD be more like baseball. Have farm teams. This amount of money for players should not be associated with institutions of higher learning!! And yes college is and should be INSTITUTIONS OF HIGHER LEARNING!

I'm just concerned about the God complex these kids could develop. 19 year olds "stunting" on the other kids in Lamborghinis isn't tasteful either!

imagine high schoolers showing up with lambos? they must be great hard workers because no parent would give their kid a lambo right?

This could be the result of a documentary "College For Sale"

Not sure these schools should be tax exempt. I think it ruins the product, and shame these kids do not know how to handle money except for a few.

Whatever trips your trigger. As for me, I’m interested in amateur athletics. Not watching high school professionals.

Oh, that's Kiffin. HAHAHHAHAAA

They should just pay for the athlete's education that costs slow, weak kids thousands.

You think these schools give away more money then they make off the athlete? I don’t think so 😂 They are being paid their worth and they need better education of money management after that.

Because all the mindless minions that worship some guy who can run with a ball.

paying them makes them pro s

My question is why is the school paying them anything? If they wanna sign a deal like that with Nike and do commercials…cool. But just to sign with a school that doesn’t make any money off these kids names makes no sense. Go hit up the memorabilia company’s that are putting out your jersey and stuff. School should give them nothing

You guys are free market but don’t want people to get paid what they’re worth??

Given the recent NCAA settlement, this commentary seems dated and irrelevant.

Wow, what a terrible take by Dave and Ken. All that this change does is allow people to be paid what they are worth. They care more about the appearance of their pet sports than the well-being of the athletes themselves!

so free college and get paid wow

Universities should get out of the sports entertainment industry. They were created to educate people and they need to get back to that. The only reason sports are provided is for the educational component. NFL, NBA, etc should create their own minor leagues to develop talent. Universities go back to being educational institutions.

Happy for the players but probably should be regulated to some degree

I don't mind NIL, but I don't like transfer portal

The money needs to go to their 401k all college money should go to the retirement the 2 million the millions should not be touched until they hit 45

bronny james is the highest paid nil athlete, does he even start? it is a JOKE!!!!!

I researched this topic for PF throughout the entire month of march. I would say that they shouldn’t be paid a salary, NIL goood

The NIL has brought entitlement to college sports. These kids are getting paid for what? I haven't seen any of them other than Heisman or other awardees on television commercials. Most college athletes receive scholarships which pay for their education, room and board, and a stipend once they move out of dorms. The portal has made this more of a joke because like Dave stated if they get their feelings hurt they can go to a different program. For the 99% that don't get NIL contracts they think they're being wronged. The system was clear before NIL and now represents a class "A" league for the 1% who may make it to the NFL. The one thing they haven't learned is how to actually save money so they don't have to bust their asses once their athletic career is over.

Ken is such a dummy. His opinions are always pro-ceo 🙄

Yes,but the money is too much. Maybe a few thousand a month but hundreds of thousands is a little bit much

Everyone should be required to have a pass a Dave Ramsey FPU class before entering into high school. And then another in order to graduate. As far as NIL you should have to do at least 3 years.

First?

Out of touch dave 😂 please stick to the baby steps

End college sports all together. Have a professional minor league where young players can make money pursuing their major league dreams. Leave colleges for education only. We know 99% of these athletes will not make it to the NFL, NBA, MLB,.... These Universities have made $billions and have loaded their endowments in which they pay no taxes! Any athlete who pursues a professional career in sports and doesn't "make it" can go back to college to pursue education. Athletes playing sports to entertain and give tremendous profits to universities needs to end.

Now we'll just have younger and richer athletes

“NIL is stupid and worthless. Buy my books with my name, image and likeness on it”

Chaos isn't a pit.

There has to be some middle ground. A decade ago they generated a ton of money but starved (scholarships only cover education and books) and now they're trying to pay them millions? Why not just have all major colleges across the board give the same dollar amount stipend for food and reasonable expenses and call it a day?