You are correct. If he gets a guarantee from a NBA team that he will be drafted in the 1st round then that is a 3 year deal x $2M a year minimum and he will be GONE.
But that is a long shot.
The Arkansas message boards are sure their Chicken Man money will land Johnell but some big $$$ alums at Kentucky took Calipari leaving for the Razorback job personally and Johnell is benefiting from that bidding war.
It's baffling.
But... big followings = big egos with big pockets. It's not a "go to see johnell play," it's a pay whatever I can for my team to win. Not 1 fan/alum/student from UK or Arky gives a damn about johnell Davis. Not 1. NIL has gotten professional level to the point of market price or FMP. The only difference is there's no cap or contracts.
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