The inference is JMI is approving from a compliance function and other schools outside collectives are operating more aggressively, even being suggested they are bypassing NILGo. Thus the connection with Mitch saying we aren’t going to break the rules. Is there really going to be any enforcement issues given everyone’s fear of litigation and congressional action?
I don’t know if JMI is approving or recommending. I think it falls more on the recommending side, but the recommendations have never been denied or overridden. JMI is protecting: JMI the investors and UK. The “student athlete“ is it the end of this list.
The University of Kentucky is using JMI as a compliance shield and JMI is following NCAA regulations to avoid breaking its fiduciary responsibility to Kentucky. When the courts paved the way for NIL UK began working on a compliance program. This led them to working with JMI and reaching the contract that we currently have.
At the same time, the courts paved the way for NIL, University of Tennessee said “woo hoo hold my beer”. The rest of college athletics followed suit and here we are.
I don’t think JMI or the University of Kentucky is doing anything illegal. I think everyone is trying to follow the rules and regulations. But, with all of these entities now being combined, it has turned into a Cabal and no one can control it. At the same time, no one else is trying to follow NCAA rules and regulations. And, the NCAA isn’t doing anything about it.