Monday, October 28, 2024

NIL

Youth football participation steadily decreased for more than a decade after news about CTE started to break, but it is on the rise again. Roughly a million boys still play high-school football — twice the number that play either basketball or soccer — and it remains possible in much of the country to sign up your 5-year-old to be a linebacker. Most surveys of parents find that they understand there are risks but that they also don’t want to keep their kids from playing.

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An official said on Monday the Neom giga project in Saudi Arabia is currently using one-fifth of all the steel produced in the world.
Manar Al Moneef, Neom’s chief investment officer.said the futuristic city will be the world’s largest customer for construction materials for several decades.
She told the Global Logistics Forum in the King Abdullah Financial District in Riyadh that the $500 billion project would be one of the world’s leading drivers of the global logistics sector in coming years.

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English economist William Jevons observed in 1865 that steam engine improvements, which made coal use more efficient, did not reduce fuel use. Instead, these advancements, which made steam engines cheaper to operate, increased demand for coal even more.
This occurrence, called Jevon’s Paradox, could still happen today with energy consumption and AI. If AI could make energy production at least 15% more efficient, demand could increase as energy prices drop.

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NIL

NIL is an acronym standing for name, image, and likeness. It has emerged as a way to compensate college athletes.

A NIL agreement is essentially a contract for the student-athlete to earn fair compensation for their time and effort. To market their likeness. A NIL agreement could also be an endorsement deal on a local or national level.

Where does the money come from? Collectives. A NIL collective is a group or organization, often run by boosters, alumni, or local businesses, that pools resources to provide financial opportunities to their specific college athletes.

For football, these collectives typically help players monetize their personal brand by facilitating endorsement deals, appearances, and partnerships with companies. Unlike direct pay-for-play systems, NIL collectives ensure that athletes are compensated for their marketability while maintaining their amateur status.

The top ten NIL earners are mostly quarterbacks, a few basketball players and, of course, Livvy Dunne.

Top 10 NIL earners
NIL 10 Rank
NIL Valuation
  1. 1
    player headshot

    $6.1M

    2.8Mfollowers
  2. 2
    player headshot

    $4M

    13.6Mfollowers
  3. 3
    player headshot

    $3.3M

    3.3Mfollowers
  4. 4
    player headshot
    NCAASOArch ManningQB

    $3.1M

    370Kfollowers
  5. 5
    player headshot
    NCAAFRCooper FlaggSF

    $2.6M

    899Kfollowers
  6. 6
    Default Avatar
    NCAASRR.J. DavisSG

    $2.3M

    273Kfollowers
  7. 7
    player headshot
    NCAARS-JRJalen MilroeQB

    $2.2M

    309Kfollowers
  8. 8
    Default Avatar
    NCAASRCaleb LovePG

    $2.1M

    412Kfollowers
  9. 9
    player headshot

    $2M

    432Kfollowers
  10. 10
    player headshot
    NCAARS-JRQuinn EwersQB

    $2M

    303Kfollowers

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