After seeing the Clemson AD's statement on the House settlement, it is certainly becoming a lot more real now.
One of the most impactful changes it will bring is the seeming elimination of NIL collectives as we have known them for a few years. Specifically, the House settlement only allows for "legit NIL" deals that must meet some sort of compliance guidelines. Clemson is creating a new position simply to review NIL contracts, to demonstrate the seriousness around this.
The implication is that in exchange for revenue sharing payments, athletes will no longer be getting paid money out of NIL collectives. All NIL deals must be verified by the school. I have no idea how this will be enforced, but the NCAA seems to want the playing field on revenue sharing to be even, and then after that athletes can make extra money from "legit NIL" deals.
So it seems this recruiting and transfer cycle will be the last time there will be "unlimited NIL" as a way to buy the best players in hotly contested bidding wars absent "legit NIL" deals that get athletes paid by brands and businesses as an endorsement or appearance property.
Can Phil Knight circumvent the rules and pay a company like Nike to pay athletes as endorsement properties? Or are his wings really being clipped by the House settlement implementation?
One of the most impactful changes it will bring is the seeming elimination of NIL collectives as we have known them for a few years. Specifically, the House settlement only allows for "legit NIL" deals that must meet some sort of compliance guidelines. Clemson is creating a new position simply to review NIL contracts, to demonstrate the seriousness around this.
The implication is that in exchange for revenue sharing payments, athletes will no longer be getting paid money out of NIL collectives. All NIL deals must be verified by the school. I have no idea how this will be enforced, but the NCAA seems to want the playing field on revenue sharing to be even, and then after that athletes can make extra money from "legit NIL" deals.
So it seems this recruiting and transfer cycle will be the last time there will be "unlimited NIL" as a way to buy the best players in hotly contested bidding wars absent "legit NIL" deals that get athletes paid by brands and businesses as an endorsement or appearance property.
Can Phil Knight circumvent the rules and pay a company like Nike to pay athletes as endorsement properties? Or are his wings really being clipped by the House settlement implementation?
