House Settlement

[The Original Fade]

All conferences will require that all athletes be required to maintain academic eligibility. No way to negotiate around that. Now they may cheat (UNC for example), but academic eligibility will be a requirement of participation.

Until they sue. And they will. And they will win. Because the courts have decided the athletes are in control now

 

[Woodlawn VOL]

All conferences will require that all athletes be required to maintain academic eligibility. No way to negotiate around that. Now they may cheat (UNC for example), but academic eligibility will be a requirement of participation.

Most want the education, anybody turning it down is foolish. Even the super stars, a free education is very valuable. I totally agree the NCAA has a good ground in academics when it comes to college players. Overall most schools players make passing grades these days. Even the ones not that strong in academics have great tutors at all major universities. And now with money involved it is even more motivation to get the education while your playing college. GBO

 

[Woodlawn VOL]

I don't think this will hold up legally long term. It WILL release the NCAA and the Schools from past Antitrust violations but the "clearinghouse", and other governance elements/restrictions are very likely to be struck down as violating Antitrust. Then we'll be right back to the Wild West. Only Congress can rewrite their Antitrust laws and create legally enforceable rules.

If push comes to shove that might be what ends up happening. I guarantee all folks involved are thinking ahead. GBO

 

[SayUWantAreVOLution]

It will be like folks that win the lottery who don't know how to handle money - these are 18 - 22-year-olds.

I wish I could go back to that age and do over - would have done things differently from a money standpoint.

NIL has been going on since 2021 and horror stories beyond the deadly foolishness at UGA are few and far between.

Tell me about the ruined lives you've heard of from NIL.

 

[feathersax]

Until they sue. And they will. And they will win. Because the courts have decided the athletes are in control now

Nailed that one.

 

[SayUWantAreVOLution]

Yes it is unfortunately. Like I said a company can pretty much mandate anything. As it should be. If I owned a company I should be able to make my employees learn whatever I see fit regardless of what they think.

Because everyone as they are dying says "I wish I'd spent more time doing the stuff my boss wanted instead of using my free time to enjoy my family."

What my boss wants WHILE HE'S PAYING ME is fine but I'm not working 24/7 for anyone at the expense of what matters in life.

 

[unfrozencvmanvol]

If push comes to shove that might be what ends up happening. I guarantee all folks involved are thinking ahead. GBO

I think you're probably giving the NCAA too much credit in the "thinking ahead" area. Not their forte.

 

[SubVet676]

This morning, hundreds if not thousands of sports agents and attorneys woke up and started thinking about how they're going to buy that new Viking with the money they will make from this mess once they figure out how to really screw everything up. And they will.

Meanwhile, back in Rome, NCAA Nero tunes up the fiddle...

 

[volfan102455]

NIL has been going on since 2021 and horror stories beyond the deadly foolishness at UGA are few and far between.

Tell me about the ruined lives you've heard of from NIL.

We are 4 years in - a lot of players receiving NIL may still be in college and getting a paycheck. And all of them are still attending school so unless they just drop out - they still have a fall back plan. If you think 18–22-year-olds will fare better at handling lots of money and attention given to them quickly any better than those who win large sums with the lottery - I don't know what to tell you.

Some, the ones that will progress to the NFL will get a new stream of money - but many will not - and that first job that most of them will get outside of their sport will not be in the same salary range. And for many the dollars associated with their "true NIL worth" will decline rapidly when they are no longer connected to the program and in the public's eye. Granted some may be able to transform into an influencer - but that will the exception not the norm.

Focus is typically on the Nicos, Archies, etc. of the world - but this will give significant dollars to a no-name player for a short period of time. It is really only certain players that benefit from NIL such that they can parlay that into something that is maintainable after their playing days are over. For others - they are going pro in something else and after they have left the field of play - there will be no avenue to keep the money stream going unless they obtain the skills and put in the effort to make that happen.

For "most" of the players this contract and NIL is not about a lifetime job or source of income - but a way to get quick money for a very short period of time.

 

[volfan102455]

This morning, hundreds if not thousands of sports agents and attorneys woke up and started thinking about how they're going to buy that new Viking with the money they will make from this mess once they figure out how to really screw everything up. And they will.

Meanwhile, back in Rome, NCAA Nero tunes up the fiddle...

Yes, those are the ones that will make the money out of all this. A player who is getting say 200K is giving a good portion of that to his / her agent, attorney and accountant - then they more than likely have family and friends with their hands out as well.

And it is never good for your family and friends to be aware of how much money you are making. Makes it more difficult and stressful when they ask for something and give you a hard luck story.

 

[ALLVOL 4LIFE]

schools paying players = contracts, which should simmer some of the madness of the portal.

I’ll believe that when I see it

 

[volfan102455]

I’ll believe that when I see it

Me too - these will mostly be 1-year agreements. What it could do is limit the opt outs of post season games by writing that into the contracts. But that is about it.

 

[SayUWantAreVOLution]

We are 4 years in - a lot of players receiving NIL may still be in college and getting a paycheck. And all of them are still attending school so unless they just drop out - they still have a fall back plan. If you think 18–22-year-olds will fare better at handling lots of money and attention given to them quickly any better than those who win large sums with the lottery - I don't know what to tell you.

Some, the ones that will progress to the NFL will get a new stream of money - but many will not - and that first job that most of them will get outside of their sport will not be in the same salary range. And for many the dollars associated with their "true NIL worth" will decline rapidly when they are no longer connected to the program and in the public's eye. Granted some may be able to transform into an influencer - but that will the exception not the norm.

Focus is typically on the Nicos, Archies, etc. of the world - but this will give significant dollars to a no-name player for a short period of time. It is really only certain players that benefit from NIL such that they can parlay that into something that is maintainable after their playing days are over. For others - they are going pro in something else and after they have left the field of play - there will be no avenue to keep the money stream going unless they obtain the skills and put in the effort to make that happen.

For "most" of the players this contract and NIL is not about a lifetime job or source of income - but a way to get quick money for a very short period of time.

For sure most athletes never play pro ball, so making money in college is a great thing. Tales of "they'll mismanage the money" are BS. So what if they do? They're young and if they blow it, they've lots of time to recover.

Let them have fun with it as long as nobody gets killed or maimed. If Carson Beck can show his grandkids pics of his Lambo, even if he ends up working a 9-5 and being a regular Joe most of his life, he had a Lambo and some laughs. Good for him.

 

[Budalicious]

Sounds like another nightmare to me. Kids will be leveraging their pay to play. That’s what needs fixed. Or at least close the transfer portal for good. It ruining the only good sports left.

I think by the school paying the players they will have to be under contract, therefore they won’t be able to just up and leave anytime they choose. If a kid don’t wanna sign a contract, then move on and find one that will.

 

[secking]

Why would a player sign that contract and limit their earning potential via the portal if someone gives them a better offer?

Any school not trying to limit your earnings as a player is immediately a better a choice, so I'm doubtful a school wants to be "that school" who tries to tie down players.

Schools were already starting to sign kids to multi year deals and if the contract was broke by the student, there is a buyout the student has to pay (likely the new school they will attend). That is the business part of this as if the contract is terminated by the school, they also would be required to pay.

Each conference will have “their” set of rules which has always been legal and free of antitrust issues. If a prospect doesn’t like the rules of the SEC, they are free to pick a different league to play, their ability to play isn’t infringed.

EVERY NIL deal over $600 will have to go to approval. One of the factors is the one offering the deal cannot be directly tied to any particular school (aka booster). Thus, True NIL and not pay for play which SCOTUS actually gave NCAA power over on their ruling. Boosters will just have to use their company as the one offering the NIL deal, way it was supposed to be.

 

[secking]

The "Clearinghouse" is likely illegal. The schools and NCAA have a long way to go, IMO, to establish their right to police NIL or have someone else police NIL.

Why should they have that right over a player's NIL? They've lost that lawsuit repeatedly already. The players didn't agree to this lawsuit with some kind of collective bargaining nor can they opt in or out as far as I know. If they can, they'll all opt out of having their NIL limited.

No one is limiting their NIL. Nowhere does it say the player will not receive their deal if the deal is deemed not approved. They will receive it but they could be either ruled ineligible to play or (most likely) the school faces sanctions. Thats why schools agreed to only offer deals that are legit, like TN did, otherwise there is sanctions and schools also signed away their right to sue if ruling went against them.

 

[SayUWantAreVOLution]

No one is limiting their NIL. Nowhere does it say the player will not receive their deal if the deal is deemed not approved. They will receive it but they could be either ruled ineligible to play or (most likely) the school faces sanctions. Thats why schools agreed to only offer deals that are legit, like TN did, otherwise there is sanctions and schools also signed away their right to sue if ruling went against them.

The question is: what gives the NCAA or SEC or anyone the right to vet an NIL deal?

Deals that aren't related to gambling, etc aren't "casting the sport in a poor light" (morality issues) but you think the NCAA has the right to determine "legit" for a private NIL contract?

Why should they or anyone else get the thumbs up or down on an athlete's private business deals?

 

[volfan102455]

EVERY NIL deal over $600 will have to go to approval. One of the factors is the one offering the deal cannot be directly tied to any particular school (aka booster). Thus, True NIL and not pay for play which SCOTUS actually gave NCAA power over on their ruling. Boosters will just have to use their company as the one offering the NIL deal, way it was supposed to be.

If I understand this correctly - NIL would become what it was meant to be.

The question to me is whether there will be guardrails around players using their connection to the University to help influence their NIL. Maybe that is written into the other aspect of this. For example, can a Tennessee player reference the University, wear his number etc.?

Maybe because they will not be considered employees it will be okay - I just know that most employees of companies are not allowed to use who their employer is for their own personal gain.

This is all a very slippery slope.

 

[volfan102455]

Why should they or anyone else get the thumbs up or down on an athlete's private business deals?

That would work both ways implying that said athlete could not use their connection to the university to profit in a private business deal.

So if they want to broker a deal with say "Pizza Hut", let them, but no advertisements can reference "Joe who is a QB at Tennessee" or Joe can't wear Tennessee colors - without agreement from the University and/or payment back to the University of Tennessee for using the NIL of UT.

Most tend to conveniently ignore the fact that there is also the name, image and likeness of the schools and their programs in play here as well.

 

[secking]

The question is: what gives the NCAA or SEC or anyone the right to vet an NIL deal?

Deals that aren't related to gambling, etc aren't "casting the sport in a poor light" (morality issues) but you think the NCAA has the right to determine "legit" for a private NIL contract?

Why should they or anyone else get the thumbs up or down on an athlete's private business deals?

In the SCOTUS ruling against NCAA, the court did give NCAA power over pay for play. NCAA or SEC cannot restrict money earned from name but they can restrict money if a person just pays to play at a certain school. The new commission can deem a deal NIL or P4P. Schools have agreed to play by the ‘first rules’ of NIL, the way it is legal and intended. Paying a prospect to attend x school has always been illegal.

Now, question is will the commission follow thru? Will schools honor their word?

I‘m skeptical but worth a shot.

 

[SayUWantAreVOLution]

In the SCOTUS ruling against NCAA, the court did give NCAA power over pay for play. NCAA or SEC cannot restrict money earned from name but they can restrict money if a person just pays to play at a certain school. The new commission can deem a deal NIL or P4P. Schools have agreed to play by the ‘first rules’ of NIL, the way it is legal and intended. Paying a prospect to attend x school has always been illegal.

Now, question is will the commission follow thru? Will schools honor their word?

I‘m skeptical but worth a shot.

NIL doesn't appear in the Alston ruling.

Please cite where you think SCOTUS weighed in on NIL.

 

[secking]

NIL doesn't appear in the Alston ruling.

Please cite where you think SCOTUS weighed in on NIL.

Alston paved the way for NIL payments and took away NCAA guise of amateurism.

 

[secking]

First month will be fun to see how it goes.

 

[SayUWantAreVOLution]

Alston paved the way for NIL payments and took away NCAA guise of amateurism.
View attachment 747340

That's NOT saying the NCAA can regulate NIL and they've lost EVERY lawsuit attempting to regulate NIL.

The Clearinghouse will be struck down easily if other NIL lawsuits are any indication.

 

[OrangeBeachVol]

The question is: what gives the NCAA or SEC or anyone the right to vet an NIL deal?

Deals that aren't related to gambling, etc aren't "casting the sport in a poor light" (morality issues) but you think the NCAA has the right to determine "legit" for a private NIL contract?

Why should they or anyone else get the thumbs up or down on an athlete's private business deals?

Copied the below from the NCAA;s house settlement. Looks like Deloitte is not affiliated with the NCAA but has authority to rule on NIL deals.
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However, the biggest looming uncertainty of the settlement agreement involves a Deloitte-run NIL clearinghouse that must approve all third-party NIL deals of at least The clearinghouse, operated by Deloitte, is charged with verifying the authenticity of these deals using “fair market value” rates, poised to eliminate phony booster-backed compensation agreements so prevalent in the industry over the previous three years.$600 in value. The "NIL Go" clearinghouse is using a fair market value algorithm to create “compensation ranges” for third-party deals.

Deloitte is expected to approve or disapprove deals in as little as one day, and athletes can resubmit rejected deals at least once with alterations suggested by the clearinghouse. For example, Deloitte may deem a submitted $100,000 deal between an athlete and third party to actually be valued at $50,000. The player can alter the deal to align with the clearinghouse’s suggested figure or the school can cover the difference by accepting a reduction against their revenue-pool cap.