BillOfRights
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Estimated NIL funder per school (public P5 schools)
North Carolina is ranked 28th.
North Carolina is ranked 28th.
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Largely irrelevant. Collectives are basically going away in six months.Estimated NIL funder per school (public P5 schools)
Hope so.Largely irrelevant. Collectives are basically going away in six months.
Why would NIL collectives disappear?
The collectives will go in house. House forbids any NIL payment over $600 unless it is true NIL. All over $600 NIL payments must be reviewed by a clearinghouse and if rejected, there is arbitration.I don’t see the House ruling as something that eliminates NIL or NIL collectives.
NIL is here to stay.
So, we are going back to the good old days when they had to try and hide the payments...The collectives will go in house. House forbids any NIL payment over $600 unless it is true NIL. All over $600 NIL payments must be reviewed by a clearinghouse and if rejected, there is arbitration.
The only exception to the clearinghouse is for NIL payments to a player from an individual that has not donated more than $50k to a school in his lifetime. So, that means all NIL payments from a collective above $600 must be cleared through the clearinghouse.
So, I suspect that NIL -- at least formal NIL that can be reported in an article cited by the OP -- will become a thing of the past. Schools will likely have to go back to back channeling NIL payments through non-boosters if they want to go above the $21 million revenue share number. Or, they will need to be much more proactive in making the NIL true NIL payments that can pass clearinghouse muster.
I think so. The only way to get an enforceable salary cap is for the players to unionize and engage in CBA talks, which likely will happen relatively soon. Then we can have the joy of college football strikes.So, we are going back to the good old days when they had to try and hide the payments...
How does that work for NIL payments from a business owned by someone who has donated more than $50k to said school?The only exception to the clearinghouse is for NIL payments to a player from an individual that has not donated more than $50k to a school in his lifetime. So, that means all NIL payments from a collective above $600 must be cleared through the clearinghouse.
Now you’re getting past my cursory knowledge of the House settlement terms. I’d assume business deals would all go to the clearinghouse, but I’d need to read the fine print to be sure.How does that work for NIL payments from a business owned by someone who has donated more than $50k to said school?
I see that being a big part of non-school NIL going forward, with the deals being essentially offered by the business for use however the school would like to use it. Since NIL collectives aren't non-profits, that allows these folks to take a tax write-off as a business expense while supporting the football program.
Oh well, thanks for the info you provided.Now you’re getting past my cursory knowledge of the House settlement terms. I’d assume business deals would all go to the clearinghouse, but I’d need to read the fine print to be sure.
Make them employees.NIL isn't the issue really. It’s the players being able to change schools every year because of getting more money somewhere else. They need to somehow come up with a way for the schools to have contracts with the players for the NIL money where they can have clauses in the contract to prevent transferring.
With a finite career length (3-5 years), why would the best high school and college players want a salary cap?I think so. The only way to get an enforceable salary cap is for the players to unionize and engage in CBA talks, which likely will happen relatively soon. Then we can have the joy of college football strikes.
Why do the NFL players want it?With a finite career length (3-5 years), why would the best high school and college players want a salary cap?
The MAXIMUM college career is SIGNIFICANTLY shorter in duration than maximum NFL/NBA contract.Why do the NFL players want it?
They don’t. But you gotta give if you wanna get. Every CBA includes a salary cap. It is coming one of these days.
True, but the average NFL career is shorter than the average college career.The MAXIMUM college career is SIGNIFICANTLY shorter in duration than maximum NFL/NBA contract.
Who has named college athletes employees?True, but the average NFL career is shorter than the average college career.
In any event, the die appears to be cast. Now that student-athletes are employees, there will likely be collective bargaining relatively soon. Every professional league has collective bargaining and player unions. Right now, the House settlement is effectively fulfilling the role of a CBA. But that is an interim situation. I expect within five years, there will be a players union and a CBA for at least football and men's basketball, likely more.