Kudos to Jamie Pollard

[1SEIACLONE]

Yeah as I previously posted, the $22M will not do away with NIL but the clear intent of the House Settlement is to do away with Pay for Play disguised as NIL that is paid outside of the ADs. So SEC and B10 athletes will have to prove that their NIL deals outside of ADs are at Fair Market Value for services rendered to the vendor. Tennessee will no longer be able to have their affiliated collective pay a HS QB $5M (in addition to what the kid gets from the UT AD)unless it is proven that is Fair Market NIL Value to that collective or a 3rd party vendor for services rendered not directly related to the kid's FB talents.

So in summary, the House Settlement does level the playing field to a significant extent if enforced as intended.

Truthfully I think you are dreaming, if you think are going to move away from a pay for play model. The cat is out of the bag on that one, the only way to reign it in is to limit the amount of money an NIL is allowed to give out per year.

Define what Fair Market Value is in the real world, what is the value of a QB like Purdy at ISU to the team and the market, its impossible to determine that.

The B10 and SEC will use this wealth to provide full scholarships to 105 players, a couple of schools may not, but do you think schools like Texas or Oklahoma will not use everyone of those scholarships is crazy.

I stated months ago the amount of money that the B10 and SEC are getting will only truly matter is if they can use it to expand scholarship numbers or use that money to pay athletes directly. Under this plan, both of those things are going to occur and its going to be difficult for schools in the ACC and B12 to keep up with it.

 

[cykadelic2]

Define what Fair Market Value is in the real world, what is the value of a QB like Purdy at ISU to the team and the market, its impossible to determine that.

The B10 and SEC will use this wealth to provide full scholarships to 105 players, a couple of schools may not, but do you think schools like Texas or Oklahoma will not use everyone of those scholarships is crazy.

Fair Market Value is determined by value to the vendor (e.g. car dealership), not to the team as you suggest. Brock isn't worth millions of direct endorsement value to an Ames car dealership for a FMV endorsement deal.

Yes, B10 and SEC team can provide 105 FB full rides if they want to. But as previously posted, they cannot provide in-house NIL benefits to all 105 so there will be a significant % of prospects elect to play at ACC or B12 schools to get those NIL benefits (and PT) under the $22M cap that each school will have.

 

[NWICY]

Yeah as I previously posted, the $22M will not do away with NIL but the clear intent of the House Settlement is to do away with Pay for Play disguised as NIL that is paid outside of the ADs. So SEC and B10 athletes will have to prove that their NIL deals outside of ADs are at Fair Market Value for services rendered to the vendor. Tennessee will no longer be able to have their affiliated collective pay a HS QB $5M (in addition to what the kid gets from the UT AD)unless it is proven that is Fair Market NIL Value to that collective or a 3rd party vendor for services rendered not directly related to the kid's FB talents.

So in summary, the House Settlement does level the playing field to a significant extent if enforced as intended.

LOL, they will only use it to screw over the non SEC B1G schools.

 

[1SEIACLONE]

Fair Market Value is determined by value to the vendor (e.g. car dealership), not to the team as you suggest. Brock isn't worth millions of direct endorsement value to an Ames car dealership for a FMV endorsement deal.

Yes, B10 and SEC team can provide 105 FB full rides if they want to. But as previously posted, they cannot provide in-house NIL benefits to all 105 so there will be a significant % of prospects elect to play at ACC or B12 schools to get those NIL benefits (and PT) under the $22M cap that each school will have.

They will continue to be able to pay those players from the NIL, which has nothing to do with that $22m dollar cap. The cap money will go to a lot of the secondary sports athletes, while the NIL money will continue to go to football and basketball players.
I have not read or seen nothing that says otherwise, that NIL will stop being pay for play. Congress set up a system to pay everyone, that will be run along with the private NIL deals that is separate from the school and its media dollars.

 

[alexssdean12]

There is no way this new rule helps the schools of the B12 or ACC, and in fact does the opposite as it makes it more difficult to recruit players that would not have had a scholarship at the Alabama's of the world and taken one from the KSU and ISU's of the world.

Agreed, as it stands now scholarships only count up to a small portion of the 22 million payout (something like 2.5 million). Georgia will have no problem finding money to pay out all the scholarships and with it not counting towards the cap teams with higher revenue get the advantage of spending the extra money.

 

[cykadelic2]

Agreed, as it stands now scholarships only count up to a small portion of the 22 million payout (something like 2.5 million). Georgia will have no problem finding money to pay out all the scholarships and with it not counting towards the cap teams with higher revenue get the advantage of spending the extra money.

Scholarships don’t count anything against the cap. Only benefits beyond that from the AD count against the cap.

 

[cykadelic2]

They will continue to be able to pay those players from the NIL, which has nothing to do with that $22m dollar cap. The cap money will go to a lot of the secondary sports athletes, while the NIL money will continue to go to football and basketball players.
I have not read or seen nothing that says otherwise, that NIL will stop being pay for play. Congress set up a system to pay everyone, that will be run along with the private NIL deals that is separate from the school and its media dollars.

For the 3rd time, you are completely missing the point that NIL paid outside of the AD will not cease but the plan is for it to be regulated so that it is not unregulated pay for pay as it currently is. Got it?

 

[FriendlySpartan]

For the 3rd time, you are completely missing the point that NIL paid outside of the AD will not cease but the plan is for it to be regulated so that it is not unregulated pay for pay as it currently is. Got it?

Who is regulating it? No office has been established with the authority to do so

 

[theshadow]

Who is regulating it? No office has been established with the authority to do so

• Going forward, the settlement allows the A5 conference member institutions (and other DI schools that choose to participate in the new structure) to provide increased benefits to student-athletes, including for NIL. If approved by the court, this model will allow schools to provide up to 22% of the average Autonomy 5 athletic media, ticket, and sponsorship revenue to student-athletes, starting in the 2025-26 academic year. The future model could result in student-athletes receiving $1.5 billion to $2 billion in new benefits annually.
  • The new benefits that may be made available to student-athletes would be in addition to the myriad benefits currently provided to student-athletes, including free tuition, room & board, educational grants, academic support and tutoring, medical and mental health resources & support, nutrition resources & support, life skills development, superior coaching and training and extended medical coverage after they stop competing. Adding these existing benefits together with the benefits to be available under the new model, many A5 schools would be providing nearly 50 percent of athletics revenue to their student-athletes.
  • Under the new model, institutions may pay student-athletes directly for their NIL rights. Any institutional NIL payments would apply toward the 22% cap. Third parties may continue to enter into NIL agreements with student-athletes. Such agreements will be subject to review to ensure they are legitimate, fair market value agreements and not used for pay-for-play. NIL payments by third parties would not apply toward the 22% cap but must be disclosed to a clearinghouse for review.
  • The new model allows for the establishment of a robust and effective enforcement and oversight program to ensure the new NIL model achieves its objectives. The establishment of a clearinghouse for NIL payments over $600 would give institutions access to information about external NIL activities, providing a level of transparency that does not currently exist to allow for better management of third-party influence and better assurance of legitimate NIL activity.

 

[cykadelic2]

Who is regulating it? No office has been established with the authority to do so

The plan is for an agency with subpoena power (not the NCAA) to administer and regulate it. Your boy, Pettiti, has publicly endorsed the plan.

 

[1SEIACLONE]

For the 3rd time, you are completely missing the point that NIL paid outside of the AD will not cease but the plan is for it to be regulated so that it is not unregulated pay for pay as it currently is. Got it?

And for the 3rd time NIL will not be regulated and has nothing to do with with this new pool of money that will be paid to the athletes.
How are they going to step back and stop NIL after it has been in practice for a couple of years. Are they going to take money that was promised to players under this new rule that you are talking about? How many lawsuits will be drawn up if they try and do what you are suggesting?

They may cap NIL for each team, short of that, there is currently no plan that is being considered to do away with it or only be able to play a player market value, and how could they? Nothing short of Congress saying this pool of $22 million per team is all that the players can receive and giving the teams and leagues legal protection from being sued is the only way, none of which is happening now.

 

[cykadelic2]

And for the 3rd time NIL will not be regulated and has nothing to do with with this new pool of money that will be paid to the athletes.
How are they going to step back and stop NIL after it has been in practice for a couple of years. Are they going to take money that was promised to players under this new rule that you are talking about? How many lawsuits will be drawn up if they try and do what you are suggesting?

They may cap NIL for each team, short of that, there is currently no plan that is being considered to do away with it or only be able to play a player market value, and how could they? Nothing short of Congress saying this pool of $22 million per team is all that the players can receive and giving the teams and leagues legal protection from being sued is the only way, none of which is happening now.

Carefully read Post 69 before posting anything more on this.

 

[FriendlySpartan]

The plan is for an agency with subpoena power (not the NCAA) to administer and regulate it. Your boy, Pettiti, has publicly endorsed the plan.

They better hurry up then, my point was that this office doesn’t exists yet and this plan is supposed to roll out in the next year.

Also if you think that isn’t going to be a massive clusterfuck bombarded with lawsuits about what constitutes “fair” compensation then I got a bridge for ya.

I do hope that works. I would love to see some level of enforcement for NIL just so everyone has clarification on what exactly is going on

 

[cykadelic2]

They better hurry up then, my point was that this office doesn’t exists yet and this plan is supposed to roll out in the next year.

Also if you think that isn’t going to be a massive clusterfuck bombarded with lawsuits about what constitutes “fair” compensation then I got a bridge for ya.

I do hope that works. I would love to see some level of enforcement for NIL just so everyone has clarification on what exactly is going on

It is my understanding that arbitrators will rule on FMV disputes.

Congress will need to sign off on all of the House Settlement processes and rules in order supersede the existing myriad State NIL laws which don’t have FMV language or dispute resolution. If they don’t, that I agree that it will be a lawsuit ridden clusterduck.

 

[1SEIACLONE]

Carefully read Post 69 before posting anything more on this.

When it passes congress and is signed off on then get back to us about the rules and regulations, because right now this is nothing more than a draft of a bill in the house.

 

[cykadelic2]

When it passes congress and is signed off on then get back to us about the rules and regulations, because right now this is nothing more than a draft of a bill in the house.

LOL, it isn’t a draft of a bill in the House.

It is a settlement agreement amongst NCAA member schools and judges/attorneys involved in multiple lawsuits vs the NCAA with the House lawsuit being the most prominent. Congress may need to get involved at some point to codify the terms of the Settlement Agreement in order to supersede conflicting State NIL laws.

 

[1SEIACLONE]

LOL, it isn’t a draft of a bill in the House.

It is a settlement agreement amongst NCAA member schools and judges/attorneys involved in multiple lawsuits vs the NCAA with the House lawsuit being the most prominent. Congress may need to get involved at some point to codify the terms of the Settlement Agreement in order to supersede conflicting State NIL laws.

LOL, is it the law yet? Then its a draft, like I said, when it passes congress and becomes a law, get back to us.

 

[amishclone]

Title IX will never allow women's sports to be cut down to those lose numbers.

Athletes as employees, or Title IX. Pick one.

 

[cykadelic2]

LOL, is it the law yet? Then its a draft, like I said, when it passes congress and becomes a law, get back to us.

Just so you know, ADs and collectives across the country are starting the process of implementing the terms of the Settlement Agreement. They aren't waiting around despite any potential legal challenges and the need for potential Congressional intervention to address those challenges.

 

[1SEIACLONE]

Athletes as employees, or Title IX. Pick one.

The universities do not want to make them employees and the courts will never allow them to get rid of title IX.