Post by grayman on May 31, 2024 21:27:24 GMT -8
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In fact this settlement may lead to schools being able to enter NIL directly with students. But, doesn't eliminate collectives or give the schools control of them.
But this does need to happen and the NIL deals need to be factored into the revenue sharing numbers for each school or it's all just garbage.
"The NCAA is trying to implement new rules to encourage schools to bring NIL activities in-house, allowing athletic departments to be more involved in setting up deals for their athletes. The NCAA has also passed NIL legislation it hopes brings more transparency and accountability, including disclosure rules for deals above $600 and the creation of a deal database to help establish fair market value.
"If revenue sharing is intended to supplant NIL-as-salary, some college administrators worry that collective payments will become a way to circumvent that 22% cap. Can the NCAA regulate that? Probably not without the help of federal legislation."