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It was created to make college sports fairer for the athletes, and was quickly turned to the advantage of the programs.What's disappointing is that a significant portion of the transfer players will not end up at another school, so basically they leave and don't even end up on a scholarship somewhere. That is a real negative as alot of young men could get their college payed for and they end up throwing that away.
From a 2020 article on the transfer portal - before this huge explosion began
only 45.7 percent of three-star prospects or better who enter the portal remained in FBS football.
A more recent article that is just as dire - 47% of P5 transfer portal players went to JUCO, FCS or out of football completely.
The perils of the transfer portal: Purgatory is a very real thing
The days mostly looked the same for Jordan Anthony during the fall of 2020. He’d start around 6 a.m. at a Harris Teeter in Olney, Md., where he worked as a home shopper.247sports.com
Anthony suggests there are two different types of players who enter the transfer portal: Those with proven production and everyone else. Those in the first category will find a landing spot without much issue. Those in the latter – no matter their recruiting pedigree – are much more dependent on their previous relationships and teams taking a risk.
Kater Johnson, a four-star signee with TCU in the 2019 class, entered the portal after just one year in Fort Worth. He had a similar experience to Anthony before ultimately signing with Butler Community College.
“It’s humbling,” Johnson told 247Sports last year. “You realize within a few months, a year later, the whole process restarts. Once your class is through – I don’t want to say they don’t care about you – but it’s a business.”
It’s Faustian