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re: Nil Payments...did Cooper Flagg really make $20M this past year?

Posted on 7/1/25 at 11:48 am to
Posted by thelawnwranglers
Member since Sep 2007
42030 posts
Posted on 7/1/25 at 11:48 am to
quote:

Nope.

The House settlement allows revenue sharing, i.e. the schools can directly pay the athletes some portion of the revenues earned by the school. But NIL isn't capped.


Okay so NIL had a clearing house but otherwise has nothing to do with the profit sharing that will happen from the school
Posted by Jcorye1
Tom Brady = GoAT
Member since Dec 2007
76373 posts
Posted on 7/1/25 at 11:51 am to
There is zero chance the Clearinghouse survives right?
Posted by Mingo Was His NameO
Brooklyn
Member since Mar 2016
37122 posts
Posted on 7/1/25 at 12:07 pm to
quote:

There is zero chance the Clearinghouse survives right?


I’m not sure exactly how all of that works but it was a House Settlement with the clearinghouse being a part of it so seemingly it was agreed upon.

Now, that clearly may not mean shite based on the last couple of years
Posted by Bunk Moreland
Member since Dec 2010
66798 posts
Posted on 7/1/25 at 12:11 pm to
I want to know what this means. Now, this was December, so maybe things have changed.
quote:

“We should be definitive that we will go back and unwind these deals that are not legitimate third-party NIL transactions. We should not accept the notion that institutions, coaches or players can agree to anything they want until July 1. These deals, if not legitimate third-party NIL agreements, would be in violation of the settlement we all agreed to going forward.”


LINK
This post was edited on 7/1/25 at 12:12 pm
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