Gil's Arena Exposes The DARK SIDE Of NIL Deals
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- Опубліковано 21 вер 2024
- Gil's Arena Exposes The DARK SIDE Of College Hoops as Gilbert Arena & The Gil’s Arena Crew react to Nick Saban’s comments on NIL deals in college sports and break down the negative impact paying college athletes has on the NCAA, Selection Sunday & March Madness.
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What Gil doesn’t take into consideration is most kids interested in NIL deals don’t have wealthy ex-nba dads. They’re jumping at the opportunity
This is a very good point no lie
Has nothing to do with money. Let’s be real here, most of these kids are coming from homes with single mothers. Women are easier to finesse by telling them what they want to hear or dreams of materialism. It’s a lot harder to finesse men who are principled protective of their kids. Gil said it himself that they go to the Mom.
@@duanemorrison1134 why should college kids turn down millions of dollars? That sounds dumb
@@duanemorrison1134none of what you said had anything to do with having a poor parent. Mom or dad
Being poor doesn't mean or justify a parent signing the kids life away and giving percentages everywhere.
There has to be protections and rules around these kids earning money.
“YOU’VE GOT TO TELL THEM NO!”
But, but the party? The party looking so good!
@@under-a-rock5444"You've gooooot to tell them NOOOOO!"
Now why did I just read this out loud in Katt Williams voice 😂
But Diddy be wantin to party!
Gotta remember people coming out the hood don’t have it, your speaking from a position of privilege. Gotta look at those who have less than you
Exactly. Gil using his son as an example is silly. Talk to someone whose mom working two jobs.
The days of hoopers coming out of poverty are over. You gotta have money to pay for all the camps and aau tournaments now a days so most kids are coming from middle class not poverty
Brandon used his situation as an example. Are you just gonna glance past that?
@@professionaltrollkilla5965 good point and very true. but that doesn’t mean money doesn’t entice families. Middle class are still folks who daydream at work of hitting the lottery so they can retire early. I just feel Gilbert is speaking from different lense most hoopers families can’t relate too. Gilbert has established generational wealth for his kids already. Easy for him to say my son doesn’t need nothing, just hoops.
@@skillz78exactly and kenyon n gils point is dont be enticed..they arent sayin dont take the deals but watch what you sign..some of these kids have deals that screw them over because they arent reading what they sign..its not only about the money. i read about a kid that has a deal where the company gets like half of their pro contract if they got drafted..thats crazy
He is talking about HS students. He said “when my son turn 18 you can talk to him” now I know some kids go into college before 18. But if you want to be the best don’t worry about money in HS, worry about putting in the work. With the work comes the money.
That dont matter. Parents been selling their kids in Hollywood and the music industry since way back in the day. It ain’t right. It’s not the move.
Just do your best to set your kids up for success whatever path they choose, be it in athletics, business, or academics.
Your kids don’t owe you anything in life, if you raise them with ample love, guidance, and respect they’ll more than likely reciprocate that later on in life to the best of their abilities.
Easy for millionaires to say.......
Meanwhile these the same guys who peers are broke 5 yrs after they leave the league.
Everyone parent and child need to educate themselves about the process and need good lawyers.
No parents need to stop trying use their children as meal tickets
I'm sorry but anyone from a normal stable family can wait 4-5 more years for the real money. If they really want money, they can do what B Jennings did and go overseas. If the parents aren't thirsty, they will teach their kids integrity.
Stop looking to be offended.
Kenyon talks like he got bad service 😭😂🤣
That’s cold but true lol
I checked the video to see if it's still playing cause he will say one word stop 10 seconds later finish the sentence 😂😂😂😂
@@dwahnyoung lmfaoooo stg bruh 😂
He got a bad asss stuttering problem
😅😂
This the kind of discussion I only get on a platform like this. I assume it exists somewhere it just never hits my algorithm.
nah maybe only gils arena and it is what it is would/could talk about something like this. everyone else is controlled
Algorithms are controlled by the rulers of darkness. You watch what they let you. Can't google it either, won't come up. Yandex or duckduckgo will be less censored search engines
College sports are shady ASF!
All sports
Gil arena got this basketball podcast game on lock 🔒
Brandon took the money back then now he telling kids don’t take the money which one is it?
I want you to stop and think.
You clearly make no sense at all. Why wouldn't someone that went thru it warn others to not fall in the trap?? He was in high school when he took the deal that's literally the entire point of this video.....Nice try at trolling but you failed.
Isn’t that exactly the person who should listen to. He took the money and saw the pitfalls- learn from him and others like him!
@IsmokeHiphopLive I’m not trolling I’m just saying not every young hoppers have millionaire parents Brandon told that money back then because he was broke
Learn what exactly? NCAA is cool with players taking money on the side now no more pitfalls
Rich people telling someone who doesn’t have money to turn down money is NASTY WORK
Naw selling your kid is the nasty work.
@@kendo7964 parents aren’t selling their kids they aren’t ruling there kids and investing into their future…….only black people see that as leeching……the world ESPECIALLY with white people was literally built this way
3 millionaires saying dont take the bread etc etc . Is easy most People are broke 😂 when it come to real life topics i dont even take what they say seriously, your average person lower middle class
Pimping their kids out? A lot of families sacrifice everything to get their kids to the next level.
And a lot of kids end up with nothing or broke or in debt because parents use them as a credit card
@@danerah mismanagement of funds, or lack of long term financial planning is not just limited to sports, it happens in all walks of life.
The only difference is that in sports they make a lot of money but only for a small window.
Great conversation.
Some parents sabotage their kid's career.. jealousy
Gil talking like everyones a millionaire is crazy work smh ...
This isn’t old times fam,damn near everybody that had clout in the hoop scene has some sort of income cuz AAU and the little leagues ain’t for free shit is mad expensive
Naw I disagree with their take on this because I work at a Las Vegas Resort we’re currently in March Madness for NCAA basketball I talked to numerous of kids and parents. Nowadays it’s not like when Gil was coming up and Most of the Kids is homeless a lot of these parents made a way for the kids and some of the Kids are blowing their NIL money and not listening to the parents that got them this far. I talked to a kid yesterday from a small school in Texas division 2 I believe and he’s said each one of his classmates are getting 40k a month starting just to sign he said he bought a BMW with his first check and the rest he blows at strip clubs in Texas 🤯 he was asking me for a good strip club because the one across from the hotel got boring they threw 60k last night at the club. Im just looking like yeah I’m glad my son wants to stay in state !! Smh
You're right. Times changed. But I think they're talking about high school, not college. College they're adults and can make their own decisions.
@@doubleaceprod Do you get NIL money in high school ? I thought it was only college!!🤷🏾
What about the parents who PUT THEY'RE ALL INTO GETTING THEM KIDS WHERE THEY WERE TRYING TO GET TO THEY NOT SUPPOSED TO GET ANYTHING BACK
The point is the parents shouldn't be able to negatively affect their kids future through bad deals and then using ALL of the money the kids earn. Make smart decisions, put money away for the future.b
You expect some back for supporting your kids and seeing their dreams come true? Yeah weak ass parent/human
That should be on your child if and when they make it. Trying to pimp your kid out is nasty work. If you come into this with good intentions then your kid will see that remember that.
Not everyone is a retired NBA player, man these dudes are so out of touch with reality, its crazy!
exactly and in all professions...as soon as a child shows some promise or worth they need to be careful around their parents and family because those things unfortunately happen
Coach Alexander with “Texas Summitt”
Y’all were spitting pure facts!!
A bunch of rich ninjas with rich ninja problems
To do what ? Exactly ! Gil was a great player and is a great father
Imagine planting a seed then when fruit grows a person tells you you’re weak for eating from the tree.
This conversation real quiet, they be loud about about o shit that don’t really mean shit. Millionaire sitting here talking about MFs weak for doing they best to get some money when they been broke all they life. The family who raised the kid and sacrificed for him should have some say in it.
EXACTLY imagine you sacrificing to make sure your kid just isnt average and then saying yes do what you want……that’s the weakest form of Character
You can talk because you have money. Majority of these working folks are trying to get over the hump by trying to explore the best options for them (first) and their son.
Parents who took care of them, and prepared them to be stars. The kids didn't feed themselves, clothe themselves, and transport themselves for over a decade for others to take notice.
Rich ppl talking that bullshit.
Nah nigga just say you failed in life and view ya kid as a second chance to do what you couldn’t.
The first thing is they need to get 2 to 3 lawyers to look over any contract and read every word on the contract . Any words you don’t know or understand look them up!!!!! Then find out what is industry standard as in percentage and length of contract.
“That’s that mother 👩🏿 talk” 👏🏾👏🏾👏🏾👏🏾😮😮
Weak is not knowing how to monetize your child’s talent like the people he plays for does. Soon as people touch money they forget how thirsty they were for bread. The point is to do things correctly, not to live a lavish lifestyle.
Putting up trust fund for kid until his old enough to decide for himself is very good idea . Parents should never put their kids name as a guarantor or collateral for business ventures.
Say what you want about him but Mr. Ball did his son's finances right.
@rodneysam3574the only reason lonzo and lamelo are in the nba is because of their father and they will tell you that themselves. he pushed those boys to the limit and kept them training and motivated when they didn’t want to it’s literally all documented on a tv show
@rodneysam3574yea he must have forgot Lavar almost blew it ..luckily he has another kid to fall back on ..but those BS shoes messed up Lonzo and Lamelo ankles and legs
The sad part about this convo is Gil posted this clip on his IG, it’s countless people justifying exploiting ya kid just because they talented, some of you mf’s don’t need kids real shit
These PRO PLAYER podcasts miss the whole point. You are only getting ONE perspective. It’s easy for Gil to say that, HE GOT MONEY!!!!!! And what’s crazy is all these athletes are just HIGH PAID EMPLOYEES!!!! Yall Cats ain’t free at all!!!! Yall pimp yall selves out like you always did. These kids and families have NO CLUE about money. They never made money and never had money. Get some regular fans and people on there to get the other perspective.
Facts
Everybody situation different y’all talking from a position of having funds already o lot of these kids ands and parents are broke can’t push your situation on someone that’s in a different circumstance
People think that kids should take all the money is stupid, who u think pays for the kids training, travels, meals etc up until they get the deal?
Taking a small percentage for helping u get there within 18yrs is not much of an ask
And right here we know which parent is gonna sign bad deals
the child doesn't owe you anything they didn't ask to be born, that decision was made by the parent. If i had a NIL nobody is touching my money
@@SolaceMcfly thinking the person that got you to that level shouldn’t get anything is pure nonsense
@@KpNevsdad27nigga no it isn't...that is being a PARENT y'all are goofys fr
@@SolaceMcfly ., You haven't read any real spiritual books. Yes, if you read real ancient text, it is revealed that before we come to this realm, we have a choice to come here. Not only that, the 2 parents You get are chosen by you, because they have traits, characteristics, and personality make up, you need to come to know yourself. Everything is choices. Just like a baby, when they learn to walk, they choose the direction they want to walk in. Just like teenagers choose their friends; people choose careers or marriage mates. Coming here to earth is a choice. Choices don't start at age 18, it's starts by you choosing to come to earth. It's is the child, while in the spirit form, who chooses which set of parents matched, that will give them the body they need to learn to master themselves, or as it is written, come to "knowthyself."
Of course I don't expect you to inner-stand any of what I wrote, if you are not on a certain spiritual level of understanding.
Also, your comment justifies abortions. Why, because more than likely, that child would turn out to be an ungrateful pos, and take his patents for granted. While they are signing million dollar contracts, the rest of the family should continue to struggle to survive. Sure ya right! 👎🏿
Not all parents are dumb and pimpin there kids. Im setting mine up for success. I’m not taking nothing. I’ve spent my life teaching my son how to work and be valuable and credible. He is rocking two businesses also. I make a market for his name to get a deal hopefully that he will be able to look at evaluate if it is good or not.
I get what y’all mean I see it all the time. I’ve coached a long time and seen it with kids that have come through my school. I am just saying we all aren’t bad people cause we don’t have nba blood.
I see great points being made in the thread as well as this video. Question as an 18yr old attending college I will never forget post graduation signing paperwork to attend college. Not truly understanding what this paperwork meant for my future being that young. After acquiring thousands of dollars of debt to which I paid off in my 30s can I then hold this same standard to the Pell grant and other loaning practices set on kids made by colleges! I think we should be able to. Thoughts!
It’s real easy to get on your high horse when you got millions in the bank
The kids aint seeing the money the parents are. At some point u gotta have integrity. No matter if u rich or not
That’s his point
Very true… n they r the pple with podcasts telling the rest of the struggling folk how to be poor… these guys are stinking rich but do very little for the community… I would listen if this was Cam Ntn speaking…
The NCAA should have some rules in place that these people can't profit off kids except promoting their business. Nor should a kid ever be signed as a loan❗
That’s the point Gil is making
I get what Gil is saying but his kids are part of the top 1% of the top 1% in college athletics. What NIL deal can a company give his son that is going to surpass the upbringing he has been able to provide as a former $100M+ NBA player.
Ncaa should just put a cap on how much time can be given to the company’s
Brandon Jennings was a rock star in his day…me being a yr younger I vividly remember him and jrue holiday being looked at like superheroes lol
This is a terrible conversation to have with guys who don't understand how college football works. Johnny Manzell said it on Shannon's show. Before NIL deals, every school had a bagman. If you were in the top 25 you were getting offered bags from different schools just to go there. There's nothing wrong with NIL deals
That's the mother talking... factz 😂
This wasn’t about the NIL deals
This wasn’t about the endorsements
This was only about parents that take advantage of their children’s early success
What people in these comments are not getting is, there’s a huge difference between setting your kid up and pimping your child…
The bigger picture is that most kids don't really understand finance, neither do parents, most don't have experience in handling this kind of situation. If anything wat we should be asking is why high school education does not have courses in business finance as a core. Besides student athletes, they are other kids that are making money as being youtubers, twitch, being a influencer, podcast, even entrepreneur.
Gil did u take any money or a relative take money . Many parents need that money because they need to provide for other siblings whether right or wrong. $200,000 or more let alone $500,000. What if a kid gets hurt u don't know
The dark side is that the colleges still keeping the money their literally still doing the same thing they been doing just allow the students to take endorsement
He’s saying the money can wait, when you get to the NBA and you achieve the ultimate goal you’ll get the cars, houses and jewelry
rich or not you cant live vicariously through your children is the point i totally agree with gil rich or not
I view this as such. Let’s say we have a great basketball player. Said player is top 50 in the high school ranks. player get NIL deal. Player doesn’t pan out in college, was only 6’0” and couldn’t dunk. Average playmaker. Above average shooter. Great defender.
Not in mock drafts for entire college career. Graduates enters draft. Not drafted.
Player had dreams and goals of nba and fell short. But still got a taste of nba money - a kickstart to life post college. What’s the problem here?
Without NIL players would overly contribute to their school’s financial gain.
And left with nothing to show for it.
Naw yall trippin at the end. When the big bag come. Everybody get houses. Fuk that. That’s how the game goes.
I get it if you got money but if u broke and struggling that don’t make sense , cause I know people who turned down contracts and now they just broke and never got to make it to the league after going through college and etc
This just shows that colleges were always able to do this. They need to pay the students for putting in the work
These dudes preaching some good stuff here !!
They should make coaches sign NIL agreements and not be able to get paid from colleges either
Facst
BRO WHY ARE THEY ACTING LIKE THIS IS NEW THIS HAS BEEN GOIN ON ; SINCE THE NIL START WHAT NEW SCHOOL POPPED UP BECASUE I SEE THE SAME SCHOOLS IN THE CFP AND MARCH MADNESS BOUT TO START ITS THE SAME TEAMS EXPECTED TO WIN THAT BEEN WINNING THE PAST 50 YEARS SO WHY ARE WE EVEN TALKIN ABOUT IT
WORSE TAKE EVER ON THIS SHOW!!!! BRO YALL RICH
Right. That sht sound good when you been living good so long that you don't remember being poor
Lol they were broke going into the nba. They buy mama a house agent fees and family starts calling.. they know wtf they’re talking about.
@@212keithKenyon already said him and his family received money in High school…. NEVER SAID HE REGRETTED IT!!
Stop trying live off children success. They not your retirement plan nor should they have to be
@@marq948this is exactly what’s wrong with BLACK community….. TELL the Jews, Asians and white THAT🤡
Remember when Brandon caught flak because he said he regrets buying his mom a house with his first check? It makes sense hearing him say his mom tried to get 50% of him earnings. It’s bad Sonny Vaccaro had to protect him from his own mom.
Gil and Kenyon talking from their perspective as former rich NBA players. A lot of these people are single parents that are enticed into taking a deal so their child can have that money to do and have the things and access your kids have. At the end of the day, it’s the kids decision who should get some of their money if any at all.
So the parents SHOULDN'T GET THE KIDS NO TRAINER'S,SPORTS SHIT OR ANYTHING JUST MAKE THE KID STRUGGLE THRU TO MAKE IT SINCE THE PARENTS SHOULDN'T GET ANY OF THE BENEFITS??
He’s saying don’t let them talk to agents prematurely. They’re dangling thousands of dollars , cars , and all types of perks , when the child just wants to be an nba player .
This sounds good from these players AFTER they’ve made millions and their careers are over. Share the story of the bag men who dropped off envelopes or those $500 hand shakes after the big game!
$1000 a month you give your kid a month. 😂 Gil is hilarious.
Don’t live off your kids.
Great topic
Kenyon spot on it starts with the parents
So we wanted college kids to get exactly this, now we’re mad they have it? 😂
I’m upset about the decline of college hoops Y’all don’t understand I remember back when college hoops was probably more popular than the nba the 90s had squads man
UNLV with Larry Johnson Greg Anthony Stacey augmon
Obviously the fab 5
Duke with Hurley, grant hill, Christian laettner
Georgia tech lethal weapon 3 with Kenny Anderson Dennis Scott brian Oliver
Coach Cal at umass with Lou Rowe Marcus camby and mike Williams
And don’t get me started on the big east conference 😢
We done with the 90s lol
Getting real Tee Morant vybes 😂😂😂
These the convos that need to be had more often with young athletes, I didnt even know the extent sone of these parents go for a way out smh
It's obscene there isn't an organization or uniform set of laws to protect child athletes like there is for child actors.
It seems like the only athletes with nil deals dont have the chance of going pro to make millions. How many players from last years draft had nil deals or how many going pro this years have nil deals? If you locked in to be a pro, youre looking at the long term money and not the money that may last a short period of time
Bingo!!!
Get larval ball on
Lavar*
What’s the difference in a parent putting everything in they kid and the ones they wants it and you do that for them. And they get to the same goal
It’s sad to hear these convos
Arenas is a wealthy man…. Most of the kids trying do not have such affluence… even $1000 can mean something to some families that’s why parents take those coins
You missed the point completely lol
well gil has money and his kid has access to the resources, some of these kids can get better resources and support w/money or can help their family if they NEED; gil made it due to his hard work and dedication but also his luck... not everyone has that... so yeah he can make decisions others cant
Brandon sounds like he talking with experience when he was talking about parents
So NIL deals are bad? Seems like GIl and Brandon had personal experiences about money and family
It’s not the real parents being thirsty or s the step-parents. Step Daddy on the side influencing the mother to take the money 💰 real talk.
A perspective coming from a place of privilege. This convo is for the 1%. To the other 99% that ain’t making the pros in their respective sport rack up as much NIL money you can get your hands on. Hopefully you have a lawyer to protect yourself but acting like there isn’t people thats broke and can say “no” is wild
Salute to YALL ALL!!! Dropped 💎 jewelry
i understand where gil is coming from although he dont address the young players that come from broke environments w no money.. at the end of the day at college you already have your own head and everything in life comes with sacrifice, both on and off the court. as a parent gil is actin right bc u gotta make your kid turn down money in order to spend more time at the gym or wtv gets u better at BASKETBALL, its what’s all about.
just my opinion tho, ik its always easy to talk
Brandon answer was for a different question....
WHY ARE PPL ACTING LIKE THIS IS NEW THIS BEEN GOIN ON BRO !!!!!! ….. ITS JUST LEGAL NOW STOP ACTING LIKE THIS IS NEW ITS ANNOYING
They are rich people speaking from a different place. There has to be education and supervision by the parents so kids don’t get taken advantage of.
I see both sides. If parents doing what they say they're doing then thats wrong. Taking ownership of anybody business that's not yours is crazy. They said something about a lifetime likeness or contract? NIL aint worth it of thats the case. Mfs can wait 1-4 years
On the other side thats why we wanted to play ball. We see it as a way out. The house and cars parents gonna want, they were going to get once whoever got in the nba. It just can happen sooner than later. Plus everybody aint goin to the league or having a long career. This might be a lotta guys only opportunity at a big pay day
NIL Deals are good until u don’t live up to the deal
K Mart didn’t utter a single word.
He literally was one of the first to speak
Idk.. taking care your immediate fam isnt a problem.. a house and nice car aint to much
Depends on the house or the car
Renardo Sidney pops was charging 1500 a slice to meet wit him
R dey talking bout Tee Morant 😂😂😂
That shows the lack of morals in this american society, but i somewhat disagree with them about the "pimping the kids out" some these family need the money bad and of course the kid is going to want to provide for his family. It shows how some people put money over family, if thats the case its wrong, but to provide for your family because thats what need to be done should be the only option.
Saying no to money?
For the game be about your business.
its easy for them to say as rich ex nba players with ok sons playing basketball
Need a FIBA based pro league. But NBA and NCAA wont let it happen
They talking because they have money now. Only not even 1% of the world make it to the pros. Why not cash out on your child. But with that be responsible and put the money up just in case the child don’t make it. You think a family living in poverty going turn down hundreds of thousands
Cash out on your child? Wow please don't have kids. What a piece of shit person you are.
He got game movie is similar to NIL deals on this topic