Are NIL deals voidable?

It would probably all depend on the wording of the contract.

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Plus, it’s Name Image Likeness so technically it’s not performance based.

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That's what I figured. I just wonder what's going to happen to these huge deals like Matthews got if he transfers or doesn't pan out. I know the majority of NIL deals are nowhere near 100k, but there's no telling what is going to happen in the near future.

I posted this yesterday. Jimmy Smith was on WWL yesterday talking about how the big ones are structured. He said they are voidable at any time. They are set up to payout in 3 & 6 month increments. The first payment at the end of Spring ball and then the 2nd payment at the end of the season. In between they are requiring the players to do appearances, sign things, etc. He hasn't heard of any monthly payment plans. These kids are signing actual contracts so lawyers are heavily involved.

That's supposedly what Aggy did for this class. Had a team of lawyer's set up creating LLC's for the higher ranked kids and then setting up the deals.

I don’t think they can be tied into performance but who knows

It depends on the wording of the contract. The contract determines how it can be terminated. But the ncaa has rules against it containing performance incentives.

Disaster in waiting...

Surely language in the contract to protect the business that the player has to remain at the school for the player to be continued to be paid under the terms of the contract. The contracts aren't all up front money but spread out in periodic payments. Probably some money up front when player signs.