Got banned from the other board for saying this so guess I'll say it here.
Fans have really no idea what is going on in college sports right now. When you see the way the term "NIL" is used it might make you wonder if anybody even knows what those letters stand for. School X offering a 17 year old basketball recruit money in order to sign with their program (i.e. Kansas offering Wake recruit Jamari McDowell several hundred thousand dollars at the eleventh hour for his pledge) that is in no way NIL. That is pay for play just as was going on all over college football and in a few basketball programs before NIL was allowed. Now that you can hide behind NIL rules, schools are creating basically fake companies such as this Roll the Quad one for Wake that have no actual business other than paying athletes. NIL allows for players to profit off the use of their Name, Image, and Likeness. Here are some examples of what that could mean:
EA Sports makes CBB and CFB games again and compensates players to use their names and faces.
Buffalo Wild Wings pays a basketball player to film a commercial to air during the NCAA tournament.
Putters pays Tyree Appleby to sign autographs in the restaurant.
Basically, these are examples of actual companies engaging in sponsorship of players or otherwise compensating players for some legitimate business reason. What a collective is, is boosters paying players through a shell company. I'm not inherently against college athletes being paid, but I hate dishonesty. I you call this NIL, you are being dishonest. This is a critical development that was needed to keep up, but what this should be described as is Wake catching up with what the rest of college sports are doing and beginning to pay their basketball players. That's what it is, which is fine, but let's please stop the lying.
Like everyone else, we've already been paying football players (active players, not recruits) for years under the table, so this whole shitshow has had a far more profound impact on basketball recruiting, which is why Forbes has been so outspoken about needing to build this player payment infrastructure to match what our rivals are doing.