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Question about NIL deals
Posted on 10/11/26 at 4:12 pm
Posted on 10/11/26 at 4:12 pm
How do they work in the event of a multiple year contract?
If someone is offered, say, $10+ mil over 3-4 years but they end up being a bust, what happens?
Is the school locked in paying someone $3 mil+/ year to be a back up or an average player?
Or, is there a way out for these schools?
If someone is offered, say, $10+ mil over 3-4 years but they end up being a bust, what happens?
Is the school locked in paying someone $3 mil+/ year to be a back up or an average player?
Or, is there a way out for these schools?
Posted on 10/11/26 at 5:04 pm to 304tiger
Not many 3-4 year deals out there(likely less than 1%). That would be a bad decision on everyone's part. Too much upside/downside based on your perspective.
Most are 1-2 year deals with 2 becoming more prevalent. There are ways out of them but you have to be careful of the language. Demond Williams, for example, could've gotten out of his deal with Washington but it would've cost him/us his entire revenue share amount plus our revenue share amount. Essentially upwards of 4-5 mil. Mensah had a similar deal but got sued as he left anyway and later he/Miami and Duke negotiated a buyout.
In terms of schools getting out, I'm sure the contracts have a buyout number. A large majority of cases where its the school wanting out arent reported as such.
Most are 1-2 year deals with 2 becoming more prevalent. There are ways out of them but you have to be careful of the language. Demond Williams, for example, could've gotten out of his deal with Washington but it would've cost him/us his entire revenue share amount plus our revenue share amount. Essentially upwards of 4-5 mil. Mensah had a similar deal but got sued as he left anyway and later he/Miami and Duke negotiated a buyout.
In terms of schools getting out, I'm sure the contracts have a buyout number. A large majority of cases where its the school wanting out arent reported as such.
Posted on 10/11/26 at 5:23 pm to 304tiger
I believe Bryce underwood's deal was a 3 or 4 year deal where he would get the full amount if he was the starter.
Maybe that was bs but I read that the other day.
I'm sure there are ways for the team and player to get out. Most are 1 yr deals.
The revenue sharing throws another wrench into negotiations now.
Maybe that was bs but I read that the other day.
I'm sure there are ways for the team and player to get out. Most are 1 yr deals.
The revenue sharing throws another wrench into negotiations now.
Posted on 10/11/26 at 6:10 pm to lsufanva
quote:
Most are 1-2 year deals with 2 becoming more prevalent.
In that case, most blue chip recruits probably put an emphasis on the school that will give them that 3rd/ 4th year or at least the most guaranteed $.
Posted on 10/11/26 at 6:37 pm to Chalkywhite84
Florida already reneged on an NIL deal and the player transferred.
Plus Lagway didn’t get everything promised.
Not sure what is in writing. Some of these deals don’t involve the schools directly.
Some do.
Plus Lagway didn’t get everything promised.
Not sure what is in writing. Some of these deals don’t involve the schools directly.
Some do.
Posted on 10/11/26 at 7:32 pm to 304tiger
These kids just need a little money to go to the movies or cafeteria. That’s how I was told NIL worked.
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