What's NOT included: This cap does not include NIL (Name, Image, and Likeness) deals secured by third parties, such as a brand sponsoring a specific athlete for social media. promotion.
Absolutely. I had to laugh when a fan from another school started talking about how the 20.5 million settlement money was finally going to let them compete in NIL.
I chuckled as I told him that the 20.5 is going to be spent by every school. (Granted, they may spread it around to different sports differently). But this wasn't "catching up", this was just raising the floor.