Ohio State University’s football team has been plagued by a rash of social media controversies this year, and now the program’s coach is reacting to a new one: a report that the Buckeyes will not pay their players’ National Letter of Intent (NIL) bonuses.
Ohio State coach Ryan Day believes if the NCAA were to distribute $1 billion to the college football players, about $57 million would be given to the players. He also indirectly stated that “roughly” $7 million more could then be given to the coaches, athletic department staff and schools.
There will be no new contracts for the college football players who play for the Ohio State Buckeyes this year. There will be no raises. There will be no guaranteed money for games missed due to injury. And there will be no new contract for the head coach, Ryan Day.. Read more about ohio state alabama and let us know what you think.
INDIANAPOLIS, INDIA — While Ohio State coach Ryan Day believes that the highest-profile players in college football will make a lot of money via name, image, and likeness agreements, he believes that money should be shared among the players.
Day was questioned about Alabama coach Nick Saban’s recent remark that Crimson Tide quarterback Bryce Young might demand seven figures in NIL deals when he spoke Friday at Lucas Oil Stadium. The starting quarterback for Ohio State is in a comparable position in the sport, and the expanding Columbus area offers “the ideal alignment” for earning potential, according to Day.
“Those things happen and will happen organically,” Day said, “but I do believe we need to look about how we spread some of that money out down the road, somewhere down the line, maybe a year from now.” “Certainly, the quarterback at Ohio State will have incredible chances, as will wide receivers, running backs, and other positions.
“However, how can we ensure that this information is disseminated across the team? Because there are a lot of other people out there who are also football players, blocking for the quarterback and covering wide outs.”
One strategy, according to Day, would be for schools to form partnerships with a group of local companies to generate a revenue pool that could be shared among the participants. The NCAA would have to enable colleges to be more involved in the creation of such agreements, as well as the usage of their emblems and insignia.
“Let’s say they put $3 million into an account, and you work with Ohio State to divide that money between everyone so that the quarterback isn’t the only one who benefits,” Day said. “Now, if the quarterback wants to make a deal on his own, that’s wonderful, but if he doesn’t, it’s equally distributed to everyone.” You may utilize the Ohio State logo and trademarking if it’s a group transaction. Because we can’t do it now, the NCAA would have to approve it. However, it seems to me to be more long-term.
“It seems that this would assist the left tackle or left guard in receiving $10,000.”
Quarterbacks like Young and D’Eriq King of Miami are in a good position to make a lot of money in the first few months of the NIL era. C.J. Stroud, Jack Miller, and Kyle McCord will continue to battle for the starting quarterback position when training camp begins, according to Day.
Ohio State, the national runner-up in 2020, will play Minnesota on Sept. 2 to kick off the 2021 season.
“All those guys’ main emphasis needs to be growth,” Day remarked. “They’re concerned about the wrong things if they’re worried about beginning, if they’re worried about money.”
Day said that a NIL revenue model is “tricky” and that he doesn’t have a solution, but that it should be investigated more in the future.
He also spoke on Ohio State’s team vaccines, stating that the COVID-19 vaccine had been administered to the bulk of the squad. Chris Olave, the star wide receiver who was originally slated to attend Big Ten media days, will get a second chance this weekend.
“Everything comes with some danger,” Day remarked. “There are dangers associated with the virus, with the vaccination, with testing positive, with contact tracing, and with not being able to play. We’ve left it up to the gamers to decide. We strive to teach them as much as possible…. However, I believe we are in an excellent position. It’s a characteristic that each man has.”
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