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Column: Could the NIL + transfer portal combination crush some mid-major programs? – Land Grant Holy Land

It’s 2022 and we have officially entered the era of college basketball free agency. Is it technically free agency? No, because athletes are not signing contracts with their new teams. Tanner Holden is not being comp…….

It’s 2022 and we have officially entered the era of college basketball free agency. Is it technically free agency? No, because athletes are not signing contracts with their new teams. Tanner Holden is not being compensated by Ohio State directly, for example. But with the one-year transfer rule instituted last season and NIL (name, image, and likeness) approved this past fall, transferring from program to program has essentially turned into free agency.

How so? Here’s how.

For today’s purposes, understand that I am referring specifically to college basketball and its relationship with the transfer portal.

Previously, athletes had to sit one season after transferring to a new team — see Justice Sueing, for example. Sueing transferred to Ohio State in 2019 sat out that season under the old transfer rule. This rule and stipulation discouraged players from transferring for very obvious reasons. With that rule out of the way, players can get up and transfer to a new program and play right away — no hardship waiver or appeal needed.

Not getting enough playing time? Transfer. Bad relationship with the coach? Transfer. Too far from home/miss your family? Transfer. There’s is no longer a penalty for getting up and transferring elsewhere on a whim, regardless of the reason.

And previously, players could not earn any money or take financial advantage of their status as a high-level collegiate athlete. There was no signing autographs for money, no making and selling your own gear/merch, no appearing in commercials, speaking at events — nothing. But with the passage of NIL, players can now make some money for themselves after years and years of athletic departments being the major beneficiaries of their athletes’ accomplishments. This is a good thing.

But with players now able to transfer immediately and make money off their name, image, and likeness, transferring becomes a lot more complex than simply visiting a campus and picking a place where you feel “at home”. It’s also about surveying and educating yourself on which NIL opportunities may be available to you, should you transfer to that university. Does the school have connections to businesses or non-profits that would compensate you for some type of service? Is it a large city with a diverse assortment of businesses, where you’re likely to benefit off NIL even if you have to make those connections on your own?

Whether we like it or not, the monetary aspect of transferring is just as crucial to athletes as finding a coach they connect with, a campus they love, or proximity to family. Money talks — …….

Source: https://www.landgrantholyland.com/2022/4/19/23031191/column-could-the-nil-transfer-portal-combination-crush-some-mid-major-programs

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