Please move if needed, posting here as it's related to NIL and is probably more applicable to football than basketball.
Miami basketball head coach is resigning. The following are quotes that should be of concern to any fan but especially some of your blue blood programs. What happens when you can no longer outspend your peers so your legendary coaches leave? Saban was the most name worthy retirement but there's been plenty others and here's another big name leaving. NIL will be reeled in when the big money boosters lose their favorite coaches, no longer see the wins on their records, and see they can no longer just money-whip their way to success.
From the Miami Herald:
“At this point, after 53 years, I just didn’t feel that I could successfully navigate this whole new world that I was dealing with because my conversations were ridiculous with an agent saying to me, `Well, you can get involved [with a prospective player] if you’re willing to go to $1.1 million, and that would be the norm.”
...
“What shocked me beyond belief was after we made the Final Four just 18 months ago, the very first time I met with the players, eight of them decided they were going to put their names in the portal and leave.
“I said, `Don’t you like it here?’ They’d say, `I love Miami, it’s great.’ But the opportunity to make money someplace else created a situation that you have to begin to ask yourself, as a coach, what is this all about?’’
He added that he tried “every which way” to make things work, but “last year was a disaster”, and this year was not going well, either. He felt the new players were not buying in as transfers had in years prior."
https://www.miamiherald.com/sports/college/acc/university-of-miami/article297597538.html
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