yes agree the $8M is a clickbait headline. But he is still reportedly getting $350/400K upfront. That's a huge sum of money. NO WAY with teams putting up $20-30M per year for NIL, a 5 star QB is getting zero or little upfront. 1 team since no money upfront? ok fine, I'll get it from the next school. Guarantee Jaden is expecting six figures upfront no matter what to sign his name and he'll get it. It's just like a signing bonus in the corporate world to poach an exec.I see the train of thought for sure but that’s exactly what I’m saying. Dude signs a 8mil contract and 350-400k is guaranteed? That’s NFL **** that drives me wild. That is almost as worthless as the clickbait headline. 8 mil only a tiny fraction of which is guaranteed.
Of course it’s not actually worthless but that’s the price of doing business. I doubt they are giving him that 350-400k the moment he shows up. Again, that would be dumb and opens up the “take the money and run.” Any savvy businessman that are making these would make it to where anyone that is recruited has a small guaranteed money up front and then is doled out game by game with incentives thrown in.
My point is to stop looking at sticker price and think like buying an item and think of it more like a first time home buyer mortgage (kinda but not really). There’s a small percentage up front but then payments that are monthly, quarterly, weekly, etc.
Once again these NIL deals would incentivize the athlete to stay and compete/perform instead being given the entire payment.
And when it does happen that they take the money and run. It’s usually going to be a comparatively small amount and you have to think of it as an operating cost.
We’re not here to try to get a deal like the old administration and coaching staph. We’re paying top money for top results. We’re not going to the goodwill to try to find a used bargain.