Serious question about NIL spending….

circularity said:

Do you think restricting a kids income will ever be legal? My take is the cap is a charade. Kids and their agents will challenge the legality of the clearing house and poof it will disappear. bottom line is that big time programs will spend what it takes to secure the most talented teams and will dare others to stop them.

Swamp30 said:

So with rev sharing law coming out this past July (~$22 million shared amongst NCAA athletes) and the new NIL enforcement body (NIL Clearing House run by Deloitte) that’s supposed to monitor NIL deals over $600K to ensure they’re fair market value and to subdue “pay for play” making sure bidding wars don’t get out of hand……..essentially working like a salary cap on NIL…. Do you think the bidding wars on paying for top players via NIL will ever end? B/c it’s supposed to stop a school from offering above market just for a player to sign. Or is it just working through the kinks and will eventually get there? Or will this just be another lame duck entity that does no good for “pay for play”? Or does the best NIL program win with connections to “fair market” endorsements? Serious question b/c this whole rev share thing is supposed to subdue “pay for play” and here we are talking about the Dallas Wilson’s, Jaden Baugh bidding wars to the highest bidder. And it seems like it has done nothing to stop the bidding madness and a team can just say “hey we’ll give you a $1 million more to sign”. Clearly tapping loopholes w/in the NIL clearing house monitoring. (sorry for the novel to the ADD scroller types but a serious question and concern 😅)

Swamp30 said:

So with rev sharing law coming out this past July (~$22 million shared amongst NCAA athletes) and the new NIL enforcement body (NIL Clearing House run by Deloitte) that’s supposed to monitor NIL deals over $600K to ensure they’re fair market value and to subdue “pay for play” making sure bidding wars don’t get out of hand……..essentially working like a salary cap on NIL…. Do you think the bidding wars on paying for top players via NIL will ever end? B/c it’s supposed to stop a school from offering above market just for a player to sign. Or is it just working through the kinks and will eventually get there? Or will this just be another lame duck entity that does no good for “pay for play”? Or does the best NIL program win with connections to “fair market” endorsements? Serious question b/c this whole rev share thing is supposed to subdue “pay for play” and here we are talking about the Dallas Wilson’s, Jaden Baugh bidding wars to the highest bidder. And it seems like it has done nothing to stop the bidding madness and a team can just say “hey we’ll give you a $1 million more to sign”. Clearly tapping loopholes w/in the NIL clearing house monitoring. (sorry for the novel to the ADD scroller types but a serious question and concern 😅)

circularity said:

Do you think restricting a kids income will ever be legal? My take is the cap is a charade. Kids and their agents will challenge the legality of the clearing house and poof it will disappear. bottom line is that big time programs will spend what it takes to secure the most talented teams and will dare others to stop them.

circularity said:

Do you think restricting a kids income will ever be legal? My take is the cap is a charade. Kids and their agents will challenge the legality of the clearing house and poof it will disappear. bottom line is that big time programs will spend what it takes to secure the most talented teams and will dare others to stop them.

Alex Hayes said:

It’s deals over $600 not $600k i think.

circularity said:

Do you think restricting a kids income will ever be legal? My take is the cap is a charade. Kids and their agents will challenge the legality of the clearing house and poof it will disappear. bottom line is that big time programs will spend what it takes to secure the most talented teams and will dare others to stop them.

Swamp30 said:

Definitely will never be legal. That’s why I’m thinking things will eventually move to NIL salary cap like the NFL. Yeah you can pay superstar player A and B this much, but it’ll leave little to the rest and will be capped for fair competition purposes. Otherwise, CFB is so passionately competitive it will bankrupt athletic programs and eliminate a number of other program sports

Workemsilly said:

The NCAA can implement anything they want but if they do not enforce it nothing will change. There are obviously going to be loopholes that will be exploited because the whole roll out of NIL in conjunction with the transfer portal has been a complete junk show. Hopefully we get good at the loopholes.

ncargat1 said:

No. If there is ever truly enforcement deemed legal, schools like UGA, LSU, Texas, Ohio St will just go back to paying under the table.

Alex Hayes said:

There’s a cap in salary in the NFL that limits income simply because a team can’t pay every player. Wont be much different than other than the fact that many teams wont be able to fund enough to reach that cap

circularity said:

Do you think restricting a kids income will ever be legal? My take is the cap is a charade. Kids and their agents will challenge the legality of the clearing house and poof it will disappear. bottom line is that big time programs will spend what it takes to secure the most talented teams and will dare others to stop them.

Gater4Life said:

Owners can’t pay players out of pocket in the NFL or NBA. College football needs to operate the same way.

Alex Hayes said:

There’s a cap in salary in the NFL that limits income simply because a team can’t pay every player. Wont be much different than other than the fact that many teams wont be able to fund enough to reach that cap

Jjtgator said:

The players must sign a contract agreeing to these rules before they get their portion of revenue sharing. In the contract is a clause which states they have to submit any NIL deals over $600. For this reason from what I understand they cannot sue.