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Are NIL deals structured like common employment agreements?
Posted on 4/18/24 at 6:30 am
Posted on 4/18/24 at 6:30 am
With clawback and performance based provisions, etc? Is it just kind of the Wild West right now where the agreement looks however is needed to sign the player? Are they under any obligation to remain at a school etc? I genuinely don’t know. Crazy times in college sports.
8
Posted on 4/18/24 at 6:32 am to JumpingTheShark
quote:
Are they under any obligation to remain at a school etc?
Nope. In fact, NIL can’t be tied to attendance at the school or participation in a sport. At least not in LA.
Posted on 4/18/24 at 6:34 am to JumpingTheShark
No one really knows what NIL contracts look like, except for the collectives and the players.
There is no standardized player contract or standardized agency agreement like in collectively bargained professional sport.
There is no standardized player contract or standardized agency agreement like in collectively bargained professional sport.
This post was edited on 4/18/24 at 6:36 am
Posted on 4/18/24 at 6:56 am to JumpingTheShark
NIL will change with the ruling; players leaving one school for another for more money and doing it again and again, I believe, won't be for long. Eventually, the NCAA or schools, in general, may limit how many NIL deals you receive, how much money you get, etc. The new ruling is wrong for CFB, as you will see more kids doing what that one from Iowa did. He committed to Iowa, switched to Alabama for more money, and then entered the portal again for more money.
Posted on 4/18/24 at 7:13 am to JumpingTheShark
I’ve always thought they are structured around the transfer windows. If it’s a 1M/yr deal, then maybe it’s set up as a $333k deal 3x a year. I think that’s how Gordon structures his at least. That way he’s not still paying someone like Logan Diggs who is at Ole Miss now.
Depends on who the deal is with I guess. Yeah, they can’t be tied to performance/school in any way like you get X amount of money for scoring TDs or winning 8+ games, etc
Depends on who the deal is with I guess. Yeah, they can’t be tied to performance/school in any way like you get X amount of money for scoring TDs or winning 8+ games, etc
Posted on 4/18/24 at 7:16 am to Faulk2Tyler
quote:
NIL deals you receive, how much money you get,
Capitalism disagrees
Posted on 4/18/24 at 7:28 am to Indefatigable
quote:
In fact, NIL can’t be tied to attendance at the school or participation in a sport
How’s that work
Posted on 4/18/24 at 7:41 am to TackySweater
quote:
In fact, NIL can’t be tied to attendance at the school or participation in a sport
quote:
How’s that work
really simple:
Here's $X
you get that money no matter what school (or if you even go to school) you go to.
Posted on 4/18/24 at 7:43 am to TackySweater
Nobody is getting millions up front just to show up.
Kadyn Proctor might’ve gotten a little from Iowa to be there for a semester, but it’s not like he got paid $500k there & is going to get $500k at Bama too
Kadyn Proctor might’ve gotten a little from Iowa to be there for a semester, but it’s not like he got paid $500k there & is going to get $500k at Bama too
Posted on 4/18/24 at 7:44 am to TackySweater
quote:
How’s that work
I’ve seen where it can based be on residing in a certain zip code.
This post was edited on 4/18/24 at 7:45 am
Posted on 4/18/24 at 7:50 am to Faulk2Tyler
quote:They cannot legally do this without collective bargaining or congressional intervention.
Eventually, the NCAA or schools, in general, may limit how many NIL deals you receive, how much money you get, etc.
Posted on 4/18/24 at 7:51 am to Nutriaitch
quote:It’s cute you think it works like that.
really simple:
Here's $X
you get that money no matter what school (or if you even go to school) you go to.
Posted on 4/18/24 at 7:52 am to Tshiz
quote:Not just capitalism. Federal and state antitrust law.
Capitalism disagrees
Posted on 4/18/24 at 7:55 am to Indefatigable
quote:Which makes sense when it is a local business paying a few grand for a promo.
I’ve seen where it can based be on residing in a certain zip code.
But that's not what most of these deals are (at least for major FB and MBB).
Posted on 4/18/24 at 7:56 am to Gravitiger
NIL deals can absolutely work like that. If Todd Graves wants to give Cream Abdul (Robby Avila) a deal, he doesn’t care if he plays for Indiana State or St Louis
Posted on 4/18/24 at 8:09 am to JimTiger72
quote:Did I say they couldn't?
NIL deals can absolutely work like that. If Todd Graves wants to give Cream Abdul (Robby Avila) a deal, he doesn’t care if he plays for Indiana State or St Louis
The question wasn't, "What can these deals look like?" That answer is obviously, "Virtually anything."
The question was, "What do these contracts typically look like?"
Todd Graves is also the exception, not the rule, when it comes to NIL and major FB and MBB. Cane's is an expanding national brand, and he uses NIL at least somewhat strategically.
The vast majority of major FB and MBB NIL are funded through school-specific collectives with minimal commercial or philanthropic promotion.
This post was edited on 4/18/24 at 8:14 am
Posted on 4/18/24 at 8:15 am to Gravitiger
quote:
But that's not what most of these deals are
I agree completely. Between Ed O’Bannon, the NCAA, Congress, the Courts, and the schools themselves, they have created a clusterfrick that makes no sense and has gone way way beyond “Name Image and Likeness”.
It’s hurting the sport and will continue to do so.
This post was edited on 4/18/24 at 8:17 am
Posted on 4/18/24 at 8:17 am to Indefatigable
At least we get a new NCAA game though. Only had to pay them like $500/each
Posted on 4/18/24 at 8:32 am to Faulk2Tyler
quote:
NIL will change with the ruling; players leaving one school for another for more money and doing it again and again, I believe, won't be for long.
You can say it but the court system just made sure that players can get in the magic portal as often as they like. Basketball players are all one and done and most have nothing to do with the NBA draft.
You are seeing football players transfer multiple times even though Kayden Proctor of BAMA fame is such a high profile guy it shocked the football community to just what that looks like.
So far the legal system is undefeated.
Posted on 4/18/24 at 8:54 am to bamameister
quote:
You can say it but the court system just made sure that players can get in the magic portal as often as they like.
Based on academic eligibility… not so easy with some of these guys
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