NIL, revenue sharing and transparency

18IsTheMan

Heisman
Oct 1, 2014
18,648
15,621
113
Schools are authorized to spend up to $20.5 million in revenue sharing with athletes. Revenue sharing can be used for NIL payments. NIL payments, though, are totally secret. To my knowledge, there has never been a public NIL deal from a school to a player.

It raises the question: how will anyone be able to verify if schools abided by the revenue sharing limit if that money was spent on NIL and NIL deals are secret?

Heny McMaster, for his part, argued that NIL deals should be transparent (and in his opinion, shouldn't exist at all). There is legislation being pushed through to keep the NIL deals secret, supposedly to maintain competitiveness for USC and Clemson.

I agree than transparency is needed across the board.
 

PrestonyteParrot

All-Conference
May 28, 2024
2,465
2,391
113
Schools are authorized to spend up to $20.5 million in revenue sharing with athletes. Revenue sharing can be used for NIL payments. NIL payments, though, are totally secret. To my knowledge, there has never been a public NIL deal from a school to a player.

It raises the question: how will anyone be able to verify if schools abided by the revenue sharing limit if that money was spent on NIL and NIL deals are secret?

Heny McMaster, for his part, argued that NIL deals should be transparent (and in his opinion, shouldn't exist at all). There is legislation being pushed through to keep the NIL deals secret, supposedly to maintain competitiveness for USC and Clemson.

I agree than transparency is needed across the board.
It's a lot like bills passed in congress. There are layers of diversionary tactics to hide where the money really goes.

''The devil is in the details''
''We have to pass it to know what's in it''
''These cases reflect a disturbing trend where USAID funds have been consistently mismanaged, defrauded, and, in some cases, used to support illicit activities.''