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Post: Penn II

james
Masters Student
Posts: 801

Age: 49
Reg: 03-18-19

02-15-24 08:55 AM - Post#363218
In response to SRP

it is the wild west and i agree.

i havent looked at how the collectives are structured.
i thought they were non profits but maybe not.
the IRS will have a field day if not.

anyway no expert but am forced to dig a bit bc i am advising some recruits. i did post a number of qs on an SEC msg board that actively markets its collective.
generally the responses as to the details indicate contributors are in the dark.
your point on ndas is interesting as no one else mentioned.
for perspective, for high school juniors and seniors in the top ~125 ish they are receiving strong indications of nil ranges from all schools.
one kid who is a 5 star football player and a sophomore ranked #1 at his position by rivals...is receiving 7 figure indications and is being offered money to visit schools

it is madness which is why i am so worried how it impacts the top players in our league.

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