Great story about the transfer portal and nil in general

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Mensah from Tulane got a 2 year deal for 8 mil to attend Duke.

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Artificial bump to get players before revenue sharing goes into effect.

A QB who threw for 2700 yds on a G5 team isn't worth $4M/yr.

Revenue sharing can't prevent individual boosters from dropping millions of their own dollars into someone they want.

There is no fix to this disaster that NIL has created. I argued this with people over a decade ago when people were crying about players needing to be paid. You cannot regulate spending, unless you create a salary cap, and that just affects contracts. You can't legally put a cap on endorsements (now that they've allowed amateurs to sign deals at all), which is all NIL boils down to. And the teams who have the biggest spending boosters will continue to do what they're doing. As far as I know, players are not currently allowed to be paid from school revenue, so if we introduce revenue sharing and start paying players with that, it will only be added on top of NIL.

And if anyone thinks revenue sharing is going to replace NIL, I think you'd better prepare to be disappointed. I don't think you can put that genie back in the bottle.

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There are reports that each NIL deal (next year) will have to go through a clearing house and will have to be fair market value for true NIL. In theory, that could work. Let’s hope it works in reality too.

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Believe me, I'll hope against hope that something works. I just don't see anything panning out. Who determines "fair" market value? They're turning college into professional sports, and we all know there is nothing "fair" about the contracts given out, if we're talking about skill. Lots of overpaid players. The market is driven by bidding wars, which usually leads to desperate teams overpaying for what's left after the best players have been signed, simply because that team has a specific need. If a team wants to over pay, who can stop them, and by what legal means? If we don't make professional athletes have to go through a clearing house for their endorsement deals, what grounds do they have to pretend this is different? To me, calling it Name, Image and Likeness is a farce at this point. They're just getting paid outright to come to the school, before they can ever argue that they've generated any revenue through their name, image and likeness. That's why I call it a pseudo endorsement deal. They are getting paid in advance for the value the team expects, or hopes, they'll be worth. The loopholes are seemingly endless.

Again, whoever is tasked with trying to find a solution to this, I wish them well. I'm not holding my breath.

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we all know there is nothing "fair" about the contracts given out, if we're talking about skill. Lots of overpaid players. The market is driven by bidding wars,

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This makes it fair. The value of any player is set by the rarity of the value he provides (relative to other available players at that moment) and the number of teams competing for his services.

It’s up to the teams to determine how much they need that skill set and thus set the market.

Hedge funds will own 51% interest in the top college football programs starting in 2025.
Nil is nothing but total free agency with no salary cap. Wall Street will drive nose bleed seats up to $500 and the rest of us can pay $50-100/game to stream on the internet.

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The market is driven by bidding wars, This makes it fair. The value of any player is set by the rarity of the value he provides

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College football is slavery

Unfortunately, you’re probably right. The only answer is people need to develop lives and activities outside of watching sports and stop spending money. There is too much cash flowing in for Private Equity to ignore and the NCAA is more than willing to take their cut.

There's no way this Clearinghouse thing will work. Instead of coming through a collective, the collective will find 19 businesses and the athlete will use their NIL for advertising those business. It's just one more step but will be the same thing.

then we will be back to extra $$$ under the table like the good old days

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College football is slavery

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I hope this is sarcasm.