NIL Investor: Dickie V Sounds Off on NIL, Colorado Goes Proactive in NIL Push, Alabama NIL Tax Bill Hits a Dead End

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We’re exploring the latest trends and insights in NIL, from the investor’s point of view. What you need to know today, nothing more. Find more on our site.

• NIL Arrives at the High School Level

• Dickie V Sounds Off on NIL

• Colorado Goes Proactive in NIL Push

• St. John’s Targets Potential NIL Winners

• Alabama NIL Tax Bill Hits a Dead End

NIL Arrives at the High School Level

A high school athlete at Lithia Springs High School in Georgia is making waves by becoming the first in the school's history to sign a Name, Image, and Likeness (NIL) deal. MyAngel Ross, a standout student-athlete, has put the school on the map with this groundbreaking achievement. This milestone reflects the growing influence and opportunities NIL deals are bringing to young athletes nationwide.

- Lithia Springs High now has its first NIL athlete.

- Ross's deal marks a significant step for high school sports.

- NIL deals are increasingly shifting from college to high school.

Why It Matters: Ross's NIL deal highlights the expanding horizon of NIL opportunities beyond college, setting a precedent for high school athletes.

What's Next: Expect more high schools to explore NIL deals as awareness grows. Don’t be surprised if more high school athletes start looking into similar opportunities. Read More

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Dickie V Sounds Off on NIL

College basketball legend Dick Vitale is raising concerns over the current state of college sports. During a recent appearance on "Don't @ Me with...", Vitale described the NIL and transfer portal as chaotic forces impacting the game. He argues these changes are reshaping the landscape in unexpected ways, often to the sport's detriment.

By the Numbers:

- Over 1,700 players entered the transfer portal in 2022.

- NIL deals surpassed $900 million in 2022, a significant increase from previous years.

- The average transfer portal entry results in 40% of players not finding a new team.

Why It Matters: The rapid evolution of NIL and transfer rules is creating an unstable environment that could change the core dynamics of college basketball. Read More

Colorado Goes Proactive in NIL Push

The Colorado Buffaloes are not just aiming for the championship title—they're eyeing NIL prize money too. This fresh twist in college basketball introduces financial incentives for athletes, spotlighting Colorado's strategic play in the evolving NIL landscape. The inaugural College Basketball Crown is setting the stage, and the Buffaloes are ready to charge.

- $1 million: Total NIL prize pool up for grabs.

- 16: Teams competing in the tournament.

- 1: Team aiming to take it all—Colorado Buffaloes.

Why It Matters: NIL deals are changing the game, offering athletes new ways to monetize their talents. Colorado's involvement highlights their proactive approach in leveraging this opportunity. Read More

St. John's Targets Potential NIL Winners

St. John's University is diving deep into the transfer portal, shaking up its roster with a focus on Name, Image, and Likeness (NIL) opportunities. The Red Storm is actively targeting players who can benefit from NIL deals, making waves in college sports. The buzz is all about aligning sports talent with the growing NIL trend.

- St. John's has reached out to over a dozen potential transfers.

- The NCAA reports a 35% increase in transfer portal entries year-over-year.

- NIL deals are projected to surpass $500 million in 2025.

Why It Matters: As NIL opportunities expand, colleges like St. John's are recalibrating their recruitment strategies to attract athletes who can maximize their market value.

What's Next: Expect more aggressive recruiting from St. John's and others as they continue to scout players who fit their new NIL-centric approach. Read More

Alabama NIL Tax Bill Hits a Dead End

Alabama's effort to exempt NIL earnings from state taxes seems to have stalled. State Senator Givhan says the bill, introduced in February, doesn't have enough momentum to pass this session. The NIL Tax Cut Act aimed to lighten the financial load on student-athletes. It was supposed to exempt NIL earnings from Alabama's state income tax.

Why It Matters: This exemption could have set a precedent, potentially influencing other states and easing the financial burden on college athletes.

What's Next: Without legislative support, the NIL Tax Cut Act may not see the light of day this year. Proponents might need to regroup and strategize for future sessions or look for alternative ways to support student-athletes. Read More