OT Report: Caleb Williams wants partial ownership of team that picks him

[Nikolai]

When creative thinking outpaces intelligence....

 

[Thelonious]

Giving players equity would make the salary cap system completely obsolete as owners would offer equity instead of salary and teams could then pay out as much as they want.

Uhh. This assumes equity is infinite, doesn't it? I'm no economist, but though I assume there's a way to just print out a bunch of "shares" and hand them around, given that the actual value of the property in which one has a "share" remains stable, that must necessarily result in a dilution on the actual equity value of the share over time. The percentage of actual total equity becomes a decreasing percentage of the whole over time, as more shares are printed, right? If this is wrong, I'd welcome somebody explaining how that is so. It's entirely possible I'm missing something.

I suppose the shares might represent a reasonable gamble that the total value of the asset in which you have a share will increase to the extent that your diminishing percentage (as more shares are printed) might come to represent and increased actual value, but that makes the value your "share" a far more slippery thing than the reasonable, commonsensical meaning of "owning a share of something."

I'd rather have the cash, sour old curmudgeon that I am. You know, something I can stuff under my mattress right next to my blunderbuss.

 

[XLIX]

After the past month, the guy should just be happy staying in the first round. That aside....

As has been mentioned, he can't get equity (even if he found some sucker team willing to give it to him). But there was an interesting report last month regarding something he allegedly said. This is all rumor but supposedly there are only 5 teams he is willing to play for or else he will stay in college another year. Is he bluffing? Probably, but the new NIL landscape certainly makes things interesting because he is already making millions. He doesn't need to enter the draft to get out of poverty.

 

[Ice_Ice_Brady]

After the past month, the guy should just be happy staying in the first round. That aside....

As has been mentioned, he can't get equity (even if he found some sucker team willing to give it to him). But there was an interesting report last month regarding something he allegedly said. This is all rumor but supposedly there are only 5 teams he is willing to play for or else he will stay in college another year. Is he bluffing? Probably, but the new NIL landscape certainly makes things interesting because he is already making millions. He doesn't need to enter the draft to get out of poverty.

This is incredible. This little guy isn’t LeBron James.

 

[PWRxWLF]

I mean maybe top 3.

Bears may really like Marvin Jr.

You’re right, no doubt about it. I don’t think Chicago is going to draft 2 qb’s. That is if Chicago even finishes with picks 1-2. Barring an absolute implosion during pre-draft by Williams and Maye, you’re gonna get one qb hungry team that will make a major splash and give up a haul to leapfrog the qb needy Patriots. Not only do they get their guy but they steal him from the Pats too. What better storyline for a team and the league to shove up our asses for an entire week?

 

[ScottishPatriots]

This isn't the NBA, everyone makes money in the NFL.

These owners would rather have a Geno Smith as their QB than give a Mahomes/Brady/Manning 5% of their franchise so why would they give a guy out of college anything?

He'll get his #1 overall draft pick money then if he's good he'll get paid top of the market like anyone else and that's all he'll ever get.

 

[Ross12]

I wanted Drake Maye more, anyway.

 

[Jlaff]

He's hitting those receivers in stride and they're all dropping like Jakobis.

 

[Steve102]

Loooool ok rook.

*insert the What? No Way! Guy here*

 

[Ollie]

This can't be true?

 

[Patsfan1958]

There were a lot of great passes in that video. If we made one of Mac Jones' time here it would be one pass over and over, if there is one, or the video would only last a few seconds.

Mac has had 1 great pass. Davante "Fingertips" Parker dropped it.

 

[Steve102]

Mac has had 1 great pass. Davante "Fingertips" Parker dropped it.

There was an out route during that game that was completed that made me go "hey, that's an NFL level pass". I wish I could recall the situation.

 

[Grogan14]

Can not play for and have an ownership stake in team. Conflict of interest.

 

[sb1]

Don't know what he loves more... himself or throwing passes to Notre Dame players.

 

[EMpats]

Uhh. This assumes equity is infinite, doesn't it? I'm no economist, but though I assume there's a way to just print out a bunch of "shares" and hand them around, given that the actual value of the property in which one has a "share" remains stable, that must necessarily result in a dilution on the actual equity value of the share over time. The percentage of actual total equity becomes a decreasing percentage of the whole over time, as more shares are printed, right? If this is wrong, I'd welcome somebody explaining how that is so. It's entirely possible I'm missing something.

I suppose the shares might represent a reasonable gamble that the total value of the asset in which you have a share will increase to the extent that your diminishing percentage (as more shares are printed) might come to represent and increased actual value, but that makes the value your "share" a far more slippery thing than the reasonable, commonsensical meaning of "owning a share of something."

I'd rather have the cash, sour old curmudgeon that I am. You know, something I can stuff under my mattress right next to my blunderbuss.

Yes, equity is finite, but the whole point of the salary cap is to standardize spending on players and create parity. If you add an entire huge pool of money you can pay players from on top of it, it gives a distinct advantage to the teams that are worth more and have more equity to share. Which defeats the purpose of the cap.

 

[PATS16N0]

Denver’s still paying Elway for 1998.

 

[Thelonious]

Yes, equity is finite, but the whole point of the salary cap is to standardize spending on players and create parity. If you add an entire huge pool of money you can pay players from on top of it, it gives a distinct advantage to the teams that are worth more and have more equity to share. Which defeats the purpose of the cap.

Obviously, it seems to me any equity conveyed to a hire MUST be added to that cap hit for that player. Surely this is patently obvious. The cap hit would be equivalent to the value of the equities at the time of their transfer. Your response has little to do with my post, frankly.

 

[EMpats]

Obviously, it seems to me any equity conveyed to a hire MUST be added to that cap hit for that player. Surely this is patently obvious. The cap hit would be equivalent to the value of the equities at the time of their transfer. Your response has little to do with my post, frankly. Not sure why you think it’s “obvious” that equity would come out of the cap. That has never been

Not sure why you think it’s “obvious” that equity would come out of the cap as that has never been discussed when this concept has come out…or why you think my response is irrelevant considering your post was a response to my post about circumventing the cap….but don’t take my word for it. Here is an example of an article discussing the concept of cap circumvention :

No, Caleb Williams will NEVER get an NFL ownership stake in the draft

This rumor is absolutely impossible.

www.sbnation.com

 

[PATS16N0]

Gonna’ try this my next job interview.

 

[everlong]

The salary cap says hi Caleb. I'm pretty sure it's against league rules but if it isn't that alone would make it impossible.