A very big question I have is how accurate is the data? NIL collectives are not not-for-profit organizations. I have not seen the financial information publicly available. I definitely have not seen a reporting mechanism to get all of the data. I have read journalists who say that the "reported" numbers that some players are getting paid is far over what they actually get. That the players, the companies involved, and the schools/collectives thru leaks inflate the numbers. That the players often times don't understand the numbers and are shocked when they don't get what they thought they would.
This website says that it uses NIL numbers are from an NIL "technology" company. Having large numbers looks good for them. Do they have actual information from organizations like The Tech Way? If so, is The Tech Way agreeable to share that information with the public? If not, where do they get their numbers from?
100% agree with this take. Reading their
methodology they'll admit these are assumptions. I give them credit for attempting this exercise, but I read their findings with a large grain of salt.
I now have more questions.
- Who is Opendorse? Is this a competitor to SANIL? I don't know, but curious on comments about this group.
- How are they getting information? Quote from report under the chart this group used in exercise:
- "*Student-athletes in the corresponding subsections are projected to earn the cumulative amount indicated, based on anonymized transactions facilitated or disclosed through Opendorse between July 1, 2021, and June 5, 2023."
- So these transactions are from which schools, and how many players? Lot of assumptions were made in this report.
- They list the NFLPA/Minn Vikings/Many Colleges as partners. How exactly are they partners? Vandy & Wake Forest, for example, are listed but they also uses SANIL. That's the same group we use for The Tech Way.
Different rabbit hole from point 3 above. I looked at SANIL back when the Tech Way started, and there are a lot less schools using them now. I 100% remember Alabama and Penn State, but there were more schools using them when I looked a while ago. When I went to fact check Bama and Penn State's collective info on On3's NIL page it appears they've built their own collective without the help of SANIL. The only other power 4 collectives I saw using SANIL now are Notre Dame, Oklahoma, Syracuse, Wake, Vandy, & Rutgers. That opens up a lot of other questions on SANIL's value, but I'm not going to pretend like I know the answer. Just making an observation.