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 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.