re: TOP 20 NIL Collectives

quote:

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or Walmart or an oil company, I’d may as well give substantial part of my earnings to LSU athletics to “buy” more players and championships if this is the game now.

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Again

The money paid to players does not come from the college

Colleges cannot be associated with the paying of players

For players to get paid, they generally get it two ways-
From a collective-

Money is given to a collective from individuals and business. The collective makes deals with players. Whoever runs the collective decides who get paid and how much. The collective can use the players name image and likeness as they see fit.

From a business- a business hires a player to do promo’s or whatever in exchange for money.

The problems that have been found are that players sometimes don’t uphold their end of the deal. The don’t show up for promo or other agreed upon activity. Sometimes players transfer. Business gets frustrated. Suing the player for breach of contract is generally out of the question.

Then there’s payment under the table. Dark money. That still exists.


The college is out of the loop in all transactions