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re: Question regarding the function of NIL
Posted on 1/17/24 at 9:34 am to usc6158
Posted on 1/17/24 at 9:34 am to usc6158
quote:
The collectives centralize donations. They then sign players to deals to do social media posts, go to booster events, or do charity work i.e. using your NIL to further the goals of the collective *wink wink nudge nudge*. These are usually minor events or posts and completely out of line with market value for what the player is actually providing. The collectives have to have stipulations that this is not for actually playing for a certain team, but most contracts are 6 months so they can quickly drop a guy if they transfer. This way the collective argues that they are only compensating the player for their NIL and not their play for a certain team.
It's a complete farce and a bastardization of what the original intent was, but that's the reality when the NCAA ceded trying to create a rational system and got slapped down in court.
Great info. And 100% right.
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