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Is it true a regulation was just passed : colleges themselves can now spend millions NIL?

Posted on 5/26/24 at 9:01 pm
Posted by TigerSaurus
Member since Apr 2024
738 posts
Posted on 5/26/24 at 9:01 pm

Is this true ????
Posted by docTQ4
Atlanta GA
Member since Jan 2014
1806 posts
Posted on 5/26/24 at 9:07 pm to
Yes settlement with NCAA allows schooled to directly pay for NIL
Posted by tgdk11
Member since Nov 2017
1474 posts
Posted on 5/26/24 at 9:22 pm to
Am I understanding correctly... that this will be like dumping lighter fluid on the existing horrible setup?
Posted by Raging Tiger
Teedy Town
Member since Jun 2023
936 posts
Posted on 5/26/24 at 9:30 pm to
wait… so does this bust up title ix??
Posted by fOrEvErLsU1987
Member since May 2019
1126 posts
Posted on 5/26/24 at 10:00 pm to
quote:

Am I understanding correctly... that this will be like dumping lighter fluid on the existing horrible setup?


I think so

Gonna be the Wild Wild West until there is a salary cap and players union

Guess this is another step in the process of eventually getting there
Posted by PUB
New Orleans
Member since Sep 2017
19930 posts
Posted on 5/26/24 at 11:26 pm to
Professional sports does not belong in college.
Farm team them all.
Posted by Curtis Lowe
Member since Dec 2019
1501 posts
Posted on 5/27/24 at 12:22 am to
quote:

Is it true a regulation was just passed : colleges themselves can now spend millions NIL?
TigerSaurus

Is this true ????


The NCAA has reached a settlement agreement with various plaintiffs to settle 3 anti-trust lawsuits. The jest of the settlement is that member institutions will be able to pay student-athletes directly from athletic department revenue in a revenue sharing plan.

Anti-Trust settlement article

Excerpt from article:

"At its most basic level, the plan presumably set to being in 2025-26 academic year initially will guided by a cap of 22% of the combined total of certain revenues of Power Five conference schools. Among the revenues being counted for this are those from media rights deals, ticket sales and sponsorships. NCAA representatives said Thursday night the dollar amount for the cap is set to increase annually and would be re-set further, depending on whether the applicable revenues increase substantially (think, new or renegotiated TV contracts)."


Has absolutely nothing to do with NIL compensation.
Posted by J2thaROC
Member since May 2018
14364 posts
Posted on 5/27/24 at 12:55 am to
Bout time.
Posted by mdomingue
Lafayette, LA
Member since Nov 2010
37692 posts
Posted on 5/27/24 at 6:38 am to
quote:

The jest of the settlement


The word you're looking for is just though jest may apply here as well


quote:

Has absolutely nothing to do with NIL compensation.



Half the folks here still don't understand that the University can't be directly involved in NIL deals so expecting them to differentiate revenue sharing or direct salaries from NIL is a lot to ask
Posted by Jester
Baton Rouge
Member since Feb 2006
34705 posts
Posted on 5/27/24 at 7:46 am to
quote:

The jest of the settlement


Surely you gist.
Posted by GeauxZone90
Baton Rouge
Member since Jul 2010
3207 posts
Posted on 5/27/24 at 8:24 am to
Tax payers paying for athletes. Don’t know how that will work
Posted by Woodman
Seattle WA
Member since Aug 2009
2296 posts
Posted on 5/27/24 at 8:37 am to
Tax payers paying for athletes . . .

Perhaps it's like paying for defense.
Posted by DFWTigah4Life
DFW
Member since Dec 2017
25 posts
Posted on 5/27/24 at 8:58 am to
Okay that was funny and correct…..
Posted by Ironhead985
Louisiana
Member since Jun 2013
8996 posts
Posted on 5/27/24 at 9:18 am to
Sounds like these kids are now going to be employees and can now be critiqued just as the coaches are.
Posted by tigahlovah
virginia beach, va
Member since Oct 2009
3865 posts
Posted on 5/27/24 at 9:20 am to
In the clown world we live in now, NOTHING will bust up title IX.

It's way too controversial of a position to expect each program to pull it's own weight. Hell, we don't even require all of our able bodied citizens to do so.
Posted by RickQuick
Blanchard
Member since Aug 2022
91 posts
Posted on 5/27/24 at 9:22 am to
They didn’t have much of a choice. Collectives give boosters the ability to circumvent the entire athletic department. If they decide that they don’t like a player for any reason, they can refuse to pay (or over pay) whether the coaches want them or not.

Also, donations to collectives don’t go through the athletic fund, meaning those funds are losing donations. What happens to the TAF of everyone donates to collectives instead?
Posted by thanksjhester
Sonic
Member since Jun 2009
5498 posts
Posted on 5/29/24 at 10:37 am to
quote:

Professional sports does not belong in college.
Farm team them all.
MFL Minor Football League. Its ruined college football
Posted by LSUSkip
Central, LA
Member since Jul 2012
22135 posts
Posted on 5/29/24 at 11:03 am to
quote:

rofessional sports does not belong in college.
Farm team them all.


This is what is going to happen eventually. Colleges will eventually get tired of paying the money, and it will somehow make it's way all the way back to amateur sports. That is probably a fee iterations away, and there will have to be the league that breaks off as a "minor league football league." I don't know how we get there exactly, but it's coming.
Posted by Chrome
Chromeville
Member since Nov 2007
11494 posts
Posted on 5/29/24 at 2:01 pm to
quote:

Has absolutely nothing to do with NIL compensation


Whatever constraints they put on the direct college pay it is meaningless unless other contributions via boosters is also in the mix. And since the players want the money they should be obligated to sign a contract that stipulates if they go into the portal they need to cough up the money
Posted by logansrun
Amite
Member since Dec 2015
1953 posts
Posted on 5/31/24 at 5:20 am to
So if there is a salary cap, how long will it be before someone breaks it? A day? A week?
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