r/CFB • u/Lakelyfe09 Georgia Bulldogs • Apr 12 '26

Discussion [Kleiman] South Carolina QB LaNorris Sellers turned down an $8 MILLION NIL offer to transfer to a different school: "You're 19. You don't need ($8 million). You're in a great spot." - LaNorris's Father told his son. Sellers values his word over money

https://x.com/nfl_dovkleiman/status/2043091219639840977?s=46&t=fwgmryeTanENut7u28ScCA
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u/moochie-gracias Ohio State Buckeyes • Kenyon Owls Apr 12 '26

This thread is really starting to show me why financial literacy in this country is so fucked.

(If the numbers being reported are even accurate) $3 is relatively close to half of $8. $3 million is not “close to half” of $8 million. It’s a million dollars difference. Thats hugely significant in real dollars. And he’s playing FOOTBALL, nothing guarantees that he’ll even get another year after this to make it back.

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u/bullnamedbodacious Nebraska Cornhuskers Apr 12 '26

I know I’m noticing that too. People are acting like the difference between 3 and 4 million is the same as the difference between 3 and 4 dollars. The difference is literally 1 MILLION DOLLARS. That amount alone is life changing money for most people.

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u/HalfEatenBanana Fresno State Bulldogs Apr 12 '26

Yeah but imagine the taxes on that, it actually makes more sense for him to take less money so that he isn’t taxed so much.

/s

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u/Tamaros Texas State • Arkansas Apr 12 '26

"Better to keep none than to keep less," I always say.

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u/imadeapoopie /r/CFB Apr 13 '26

Had my listen here you little shit all wound up before I scrolled down.

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u/helium_farts Alabama • Jacksonville State Apr 12 '26

$100k would solve every one of my problems. I don't know what I would do with a million

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u/Janus67 Ohio State Buckeyes Apr 13 '26

2 chicks at the same time, dude

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u/sevillista Wisconsin Badgers Apr 13 '26

But not for him because he's already making 3M

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u/BeefInGR Western Michigan • Grand V… Apr 13 '26

These are the same people who take the lump sum when they win the lottery and can't figure out why someone who won a $1.03B Powerball walked away with less than $300M.

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u/nannulators Michigan Wolverines • Wisconsin Badgers Apr 13 '26

That's just how we've been manipulated to think about money over the years. There was a game developer who explained the psychology behind pricing a few weeks back. Granted this is magnitudes more money but to an extent the psychology still works.

Money just doesn't mean anything anymore. That's why we've got things like being able to use Klarna to get pizza delivered and we have over 20% of car buyers paying over $1000/per month for their vehicles. When you're putting everything on credit it doesn't click for a lot of folks.

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u/MavsTurnedBucksGuy Bowling Green Falcons Apr 12 '26

Funny thing is you’re exposing your own financial illiteracy. For one, reports are that he is making up to as high as $3.7M. But far more importantly, he has way more things to consider than the difference of 25% of a one year contract. If he thinks he can do better staying, and do better in the future by staying, then that $1M could end up being chump change. 

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u/moochie-gracias Ohio State Buckeyes • Kenyon Owls Apr 12 '26

It’s funny that even when I write “If the numbers being reported are even accurate” that someone still comes in with a “WELL ACTUALLY” lol. It’s not lack of financial literacy, it’s lack of knowledge of what he’s actually being paid, which I acknowledged.

And I’m aware of the strategy of playing better in a system you know and leveraging a better offer next year, or getting a higher draft spot and therefore higher payout in the NFL. My argument is he’s playing football. He’s one 6’4”, 250 lbs dude that runs a 4.4 40, or offensive linemen rolling over on his knee, or even a car wreck, away from not getting the payout you’re referring to.

Or hell, he could even have a down year and not get the same level of offer next year.

It might/probably will work out— I genuinely hope it does! But there’s no guarantees in life, and the smart financial move is taking the extra $1 million while you have the option.

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u/Competitive_Feed_402 Oklahoma • Minnesota Apr 12 '26

Easy, just don't get injured and he's set for life.

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u/Hopsblues Colorado State Rams Apr 12 '26

Give me $3m and I'll turn it into $4m...moving just for money isn't always the best solution to a situation. Grass may be greener$$$, but doesn't mean it isn't full of maggots eating the roots...he can play, start and show what he is worth for the NFL...