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re: Georgia-based apparel business poised to be first to pay UGA athletes
Posted on 6/9/21 at 3:37 pm to Magician2
Posted on 6/9/21 at 3:37 pm to Magician2
quote:
The University do Georgia can still take a very large portion of all of that money being dished out.
Can you please provide further detail on his this works? I am not familiar with the law.
1
Posted on 6/9/21 at 3:56 pm to Black n Gold
HB 617 allows each school to confiscate up to 75% of all NIL earnings to put into a pool to pay all scholarship athletes equally. And the money can’t be distributed to the athlete until 1 year after they either graduate or exhaust eligibility. At least I think that’s the wording.
IOW, the Georgia Legislature (as is their modus operandi) totally fricked up the NLI law and handed our SEC competition a large club to use against UGA in recruiting. I expect that provision to be repealed next session.
IOW, the Georgia Legislature (as is their modus operandi) totally fricked up the NLI law and handed our SEC competition a large club to use against UGA in recruiting. I expect that provision to be repealed next session.
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