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NIL Club - Predatory NIL
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CoastalJuan Offline
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I Root For: ECU
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Post: #1
NIL Club - Predatory NIL
Shared this on the main board, but thought I'd put it here as well. Maybe I'm way off base here, and some of you collectives are taking large percentages for admin fees, but one of our football players shared this NIL Club site that I had to share.

It kind of reminded me of Patreon if you're familiar with that. You subscribe and, based on dollar levels, you get access to varying levels of exclusive content from whoever, in this case college players. Probably how OF works too?

Either way, I dug into the terms, and the site is taking a 15% cut BEFORE payment processing fees. Again, I could be completely off here because our primary collective doesn't collect anything (even though they probably would be justified taking 1-2% to run the thing), but 15%+payment processing is borderline criminal.

Just wanted to raise the flag, as almost every FBS team (and a few FCS) teams are represented on it.

Here are the monthly numbers so far for a few schools:

NDSU: $2.380

Tulane: $1,805

Grambling: $1,690

Colorado State: $1,625

Buffalo: $1,505

North Texas: $1,470

Purdue: $1,400

Liberty: $1,350

Virginia: $1.330

Washington: $1,270

ULaLa: $1,265

LSU: $1,045

Wake Forest: $1,057

UConn: $1,025

UTSA: $1,015

SDSU: $1,015

UNCC: $995

App: $970

UAB: $915

Temple: $605

FAU: $560

Memphis: $340

Texas: $590

ECU: $330

UNC: $415

Southern Miss: $310

I stopped after this many, but seems like every FBS team is on there.
07-28-2023 08:36 AM
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