Can someone explain the Rev Share money difference from big money donor??

I'd try to explain it to you, but judging from your post history, you wouldn't understand.

I would think revenue sharing is more guaranteed since the university is paying it out of the budget that it already has established for that fiscal year

Rev share is actually paid by the school, comes from shared TV revenue, and is capped.

Not 100% on this but think it is evenly dispersed within the conference.

NIL is 3rd party deals & can’t be regulated.

Two separate pools of money.

In layman's terms:

Revenue Sharing - Each school gets $20.5 million to divide amongst all sports. LSU is giving football 75% of that money which is a little over $15 million.

These funds can be used, and they aren't subject to the clearing house, but there is a total cap. LSU didn't use its Rev Share last year, so we are a year ahead and could spend double if needed.

3rd Party NIL - This is the money given from boosters with businesses. There is no total cap on these funds, but they have to be used up front in a signed deal in order for it to not be subtracted from the Rev Share Pool. These deals are subject to the clearinghouse. The total amount isn't capped, but the clearinghouse can refuse a deal if it exceeds a particular player's fair market value.

Schools and some media outlets have a good idea of a player's NIL valuation.

Sooooo.... These deals can be funded 3 different ways:

Rev Share Only - No clearinghouse approval needed.
3rd Party NIL Only - Clearinghouse approval needed.
Mixture of both - Fair Market Value to get approval + Extra sprinkled on top that isn't subject to approval.

As long as everything is done upfront, it's all good.

Buyouts - This will come out of Revenue Sharing.

quote:

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It depends. Some schools, particularly the ones bringing in huge classes, work out "IOU" contracts, based on the following year's projected revenue, so some of these players won't even get paid until then.

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Yeah, that's true too.