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re: I'm not sure how the NIL deals are structured but
Posted on 12/30/23 at 9:38 am to usc6158
Posted on 12/30/23 at 9:38 am to usc6158
It seems people confuse NIL for a 1099 type contract.
quote:
NIL refers to the way college athletes can receive compensation by leveraging their name, image, and/or likeness through marketing and promotional endeavors.
1
Posted on 12/30/23 at 3:28 pm to saint tiger225
quote:
It seems people confuse NIL for a 1099 type contract.
Do you think they are paid on a W2?
But I get your point. NIL payments are structured the same way bags of cash of been handed out for years. Kids just have a ton of flexibility to move around now and leverage new deals.
You could incentivize an athlete to stay out by obligating them to appear in a commercial or photo shoot at a certain location for multiple future dates in order to earn the full contract value, or any other public appearances, but that’s kind of it.
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