I would need proof to believe that the payment schedule outlined is not contingent on him being at IU. I’m sure it could be a mixed bag, but what benefit does TJD bring in the G league or Europe?
I think the correct statement would be he can make a portion of his NIL money and stay in the draft.
If I’m understanding you, you are getting to the crux of the issue.
does college basketball “exist” because of the players or the schools?
take TJD as an example. We will likely see him as a Hoosier next year, making $1 million from boosters, plus getting a full ride. Why will he be back? Because of economics. Nothing can compete with the booster money unless he gets more from the NBA. He can’t make that money in Europe, or anywhere else.
the money is because of IU, not because of him.
in other words, create a USA basketball league, and let’s see what he is paid to play for the Grand Rapids golden Lagers pro team. Or, have him go play for Evansville, or Indiana State, etc. This isn’t the pros where a starting PG makes in some range of X no matter the team. Maybe TJD can make $1 mil at KY, maybe he can make $75k at Iona. It’s about the school.
Obviously it’s not a either / or issue, but TJD is getting paid $1 million because it’s Indiana. He’s making the money by leveraging the fact that IU basketball has market value. I’m not faulting him for wanting to use IU, but …..
These players getting big NIL deals need college basketball way more than college basketball needs them.
college basketball is big money and generates revenue. But, IMHO, that revenue would be there even if the TJDs of the world were sitting on an NBA bench (or in a developmental league) making 10% as much money, and the person replacing him in college basketball was some unknown.
edit: if I’m a Savvy lawyer for IU (and I predict this is where it’s headed), I want a piece of that action. It’s not because of TJDs likeness and image that he’s “worth” a million, it’s because he is being paid to be in an IU uniform.