You can subscribe to the newspaper to read this and it doesn't require a credit card. I'll give you some of the basics but it's a long article with lots of info and even quotes from the WVU side.
www.syracuse.com
Syracuse, N.Y. – About a month ago, the collective that makes NIL deals for Syracuse University basketball players learned that Jesse Edwards was considering a transfer for his fifth season, said 315 Foundation co-founder Mike Bristol.
NIL was a factor. Edwards’ status as a native of the Netherlands complicated the process, since his student visa prevents him from making NIL money while working in the United States.
In the weeks that followed, two Syracuse collectives scrambled to find ways to provide Edwards with visa-compatible NIL deals abroad while contending with the rumored six-figure deals Edwards could command on the open market, Bristol said.
And those people quickly learned that paying Edwards NIL money would require weeks of labor. They spoke with lawyers and accountants and ran ideas past SU’s compliance department. They raised money.
Ultimately, the 315 Foundation and Athletes Who Care could not make it work. The collectives, up against a transfer portal deadline, ran out of time and likely could not match the NIL price Edwards could get elsewhere, Bristol said.
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Country Road Trust, the collective that supports West Virginia athletes, now sits No. 1 nationally in On3.com’s rating of basketball portal programs. SU ranks 22nd.
The Mountaineers have gotten commitments from two of the most coveted players in the portal. Edwards committed Sunday. Estonia native Kerr Kriisa, the former Arizona point guard who led the Pac-12 in assists and was one of the better 3-point shooters in program history, committed to West Virginia on April 5.
Country Roads Trust is a collective co-founded in January 2022 by former Mountaineers athletic director Oliver Luck and by billionaire Ken Kendrick, a West Virginia alum and the general managing partner of the Arizona Diamondbacks.
Stephen Ford, the general manager and COO of Country Roads Trust, said he heard rumors about high six-figure money West Virginia was proposing for Edwards. Those figures, he said, did not originate from the Country Roads Trust.
“I did see what was thrown out there, but none came from our camp, none that we’re aware of,” Ford said. “Once Jesse does the things he needs to do to finish up at Syracuse and becomes an official student here at West Virginia University, that’s when we’re able to talk numbers and get a contract with him.”
Country Road Trust, Ford said, has facilitated NIL deals for its international athletes by either having the athlete do the work in his home country or by setting up passive deals in the United States.
Edwards, for example, could return to the Netherlands, sign a contract there and make, say, promotional videos that can then be shown in the United States. He could also “passively” sign over his NIL rights to the collective, which could then market apparel with his name on it. He could not promote that apparel while he was in the United States, but he could make money off the sold clothing.
Syracuse scrambled to keep Edwards. Ultimately, it lost him to WVU. Here’s why
The former Orange big man announced over the weekend he would play for the Mountaineers next season.
Syracuse, N.Y. – About a month ago, the collective that makes NIL deals for Syracuse University basketball players learned that Jesse Edwards was considering a transfer for his fifth season, said 315 Foundation co-founder Mike Bristol.
NIL was a factor. Edwards’ status as a native of the Netherlands complicated the process, since his student visa prevents him from making NIL money while working in the United States.
In the weeks that followed, two Syracuse collectives scrambled to find ways to provide Edwards with visa-compatible NIL deals abroad while contending with the rumored six-figure deals Edwards could command on the open market, Bristol said.
And those people quickly learned that paying Edwards NIL money would require weeks of labor. They spoke with lawyers and accountants and ran ideas past SU’s compliance department. They raised money.
Ultimately, the 315 Foundation and Athletes Who Care could not make it work. The collectives, up against a transfer portal deadline, ran out of time and likely could not match the NIL price Edwards could get elsewhere, Bristol said.
More
Country Road Trust, the collective that supports West Virginia athletes, now sits No. 1 nationally in On3.com’s rating of basketball portal programs. SU ranks 22nd.
The Mountaineers have gotten commitments from two of the most coveted players in the portal. Edwards committed Sunday. Estonia native Kerr Kriisa, the former Arizona point guard who led the Pac-12 in assists and was one of the better 3-point shooters in program history, committed to West Virginia on April 5.
Country Roads Trust is a collective co-founded in January 2022 by former Mountaineers athletic director Oliver Luck and by billionaire Ken Kendrick, a West Virginia alum and the general managing partner of the Arizona Diamondbacks.
Stephen Ford, the general manager and COO of Country Roads Trust, said he heard rumors about high six-figure money West Virginia was proposing for Edwards. Those figures, he said, did not originate from the Country Roads Trust.
“I did see what was thrown out there, but none came from our camp, none that we’re aware of,” Ford said. “Once Jesse does the things he needs to do to finish up at Syracuse and becomes an official student here at West Virginia University, that’s when we’re able to talk numbers and get a contract with him.”
Country Road Trust, Ford said, has facilitated NIL deals for its international athletes by either having the athlete do the work in his home country or by setting up passive deals in the United States.
Edwards, for example, could return to the Netherlands, sign a contract there and make, say, promotional videos that can then be shown in the United States. He could also “passively” sign over his NIL rights to the collective, which could then market apparel with his name on it. He could not promote that apparel while he was in the United States, but he could make money off the sold clothing.
