NIL Thread (Name, Image, Likeness Rule)

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#276      
I thought with a variety of rumblings and discussions in football and basketball about NIL, it would be good to refresh this thread.

A few recent developments that come to my mind. Add more when you think of them.

Rumor that Brohm didn't like Purdue's approach to NIL so he found a new spot.
Rumor that a Texas Tech player got stiffed on an NIL promise.
Players bailing on bowl games and folks wondering if NIL might solve it.

Early on, I was dismissive of the impact of NIL and I think my thoughts were largely accurate. It's pretty apparent that few companies are paying for endorsements from college athletes. Certainly nothing that is generating the NIL payments that are being rumored. Early on, Illinois and the administration was touting Opendorse but that has become a bit player in this whole scheme.

Somewhere along the line, schools and agents and attorneys and boosters figured out that the NIL rules/laws/court cases gave some wiggle room to payouts that are actually tenuously tied to an athlete's name, image, and likeness. Soon, the wiggle room became an open field.

The great, great, great news is that our people (boosters and admin apparently) have adjusted quickly to the new reality. It would be impossible to overstate the importance of their change in approach on this. I have no idea how this will end up and how the playing field will change, but in the early days it sounds as if we've established a strong position.

I have no doubt that Whitman's legal background and general savvy have been a big part of this rapid adjustment. I am so thankful he came on when he did.
 
#277      

pruman91

Paducah, Ky
I thought with a variety of rumblings and discussions in football and basketball about NIL, it would be good to refresh this thread.

A few recent developments that come to my mind. Add more when you think of them.

Rumor that Brohm didn't like Purdue's approach to NIL so he found a new spot.
Rumor that a Texas Tech player got stiffed on an NIL promise.
Players bailing on bowl games and folks wondering if NIL might solve it.

Early on, I was dismissive of the impact of NIL and I think my thoughts were largely accurate. It's pretty apparent that few companies are paying for endorsements from college athletes. Certainly nothing that is generating the NIL payments that are being rumored. Early on, Illinois and the administration was touting Opendorse but that has become a bit player in this whole scheme.

Somewhere along the line, schools and agents and attorneys and boosters figured out that the NIL rules/laws/court cases gave some wiggle room to payouts that are actually tenuously tied to an athlete's name, image, and likeness. Soon, the wiggle room became an open field.

The great, great, great news is that our people (boosters and admin apparently) have adjusted quickly to the new reality. It would be impossible to overstate the importance of their change in approach on this. I have no idea how this will end up and how the playing field will change, but in the early days it sounds as if we've established a strong position.

I have no doubt that Whitman's legal background and general savvy have been a big part of this rapid adjustment. I am so thankful he came on when he did.
It's come a long way from feeding a player some pizza , ain't it ??
 
#278      
I thought with a variety of rumblings and discussions in football and basketball about NIL, it would be good to refresh this thread.

A few recent developments that come to my mind. Add more when you think of them.

Rumor that Brohm didn't like Purdue's approach to NIL so he found a new spot.
Rumor that a Texas Tech player got stiffed on an NIL promise.
Players bailing on bowl games and folks wondering if NIL might solve it.

Early on, I was dismissive of the impact of NIL and I think my thoughts were largely accurate. It's pretty apparent that few companies are paying for endorsements from college athletes. Certainly nothing that is generating the NIL payments that are being rumored. Early on, Illinois and the administration was touting Opendorse but that has become a bit player in this whole scheme.

Somewhere along the line, schools and agents and attorneys and boosters figured out that the NIL rules/laws/court cases gave some wiggle room to payouts that are actually tenuously tied to an athlete's name, image, and likeness. Soon, the wiggle room became an open field.

The great, great, great news is that our people (boosters and admin apparently) have adjusted quickly to the new reality. It would be impossible to overstate the importance of their change in approach on this. I have no idea how this will end up and how the playing field will change, but in the early days it sounds as if we've established a strong position.

I have no doubt that Whitman's legal background and general savvy have been a big part of this rapid adjustment. I am so thankful he came on when he did.
Recent rumors say some talented team(s) were coming apart due to NIL issues such as unmet promises. I hope that has nothing to do with us.
 
#280      
Game Over Meme GIF by Travis
 
#282      
I know this is California, but this is something else that could change the college landscape.

https://www.espn.com/college-sports...ia-bill-pushes-college-sports-revenue-sharing
Not sure what exactly they're proposing, but this looks like a solution looking for a problem. The top athletes are the ones boosters/programs are paying for, and I think the programs would do unintended things if they were forced into some form of equal pay for anyone who gets a degree (again, I don't know exactly how this would work).
 
#283      

pruman91

Paducah, Ky

GAINESVILLE, Fla. — Highly touted high school quarterback Jaden Rashada is moving on from Florida, a breakup that was weeks in the making and cost the Gators one of their most prized recruits.Florida officially granted Rashada a release from his National Letter of Intent on Friday, three days after he requested to be let go.

Rashada's decision came after the Gator Collective — an independent fundraising group that's loosely tied to the university and pays student-athletes for use of their name, image and likeness — failed to honor a four-year deal worth more than $13 million, according to a person familiar with the situation. The person spoke to The Associated Press on condition of anonymity because neither side acknowledged the split publicly.
 
#284      

GAINESVILLE, Fla. — Highly touted high school quarterback Jaden Rashada is moving on from Florida, a breakup that was weeks in the making and cost the Gators one of their most prized recruits.Florida officially granted Rashada a release from his National Letter of Intent on Friday, three days after he requested to be let go.

Rashada's decision came after the Gator Collective — an independent fundraising group that's loosely tied to the university and pays student-athletes for use of their name, image and likeness — failed to honor a four-year deal worth more than $13 million, according to a person familiar with the situation. The person spoke to The Associated Press on condition of anonymity because neither side acknowledged the split publicly.
There was a long thread on Reddit about this, supposedly the the deal was $6M at Miami, then Florida offered $7M, BUT there was some clause in the deal he signed at Miami that could have made Florida (or him) liable for the $6M (if Miami enforced it), hence the $13M number.

Who knows if that is true, just found it interesting.

What craziness, I'd say it is out of control, but at least now all kids can get some $$ and not just those 'worth' paying under the table.
 
#285      
There was a long thread on Reddit about this, supposedly the the deal was $6M at Miami, then Florida offered $7M, BUT there was some clause in the deal he signed at Miami that could have made Florida (or him) liable for the $6M (if Miami enforced it), hence the $13M number.

Who knows if that is true, just found it interesting.

What craziness, I'd say it is out of control, but at least now all kids can get some $$ and not just those 'worth' paying under the table.
But wait, pay for play is not allowed under NIL . . . /s
 
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