The downside of NIL

[LadyStanley]

NCAA working to give colleges a more hands-on role in NIL deals for athletes

The proposal would permit schools to 'identify specific NIL opportunities' and 'facilitate deals' between athletes and third parties.

sports.yahoo.com

 

[LadyStanley]

Meet the man responsible for bringing disorder to college athletics ... and who could shape its future

Jeffrey Kessler is the lead attorney in what is shaping up to be the most revolutionary case in NCAA history.

sports.yahoo.com

The lawyer behind NIL, etc.

 

[LadyStanley]

What would House v. NCAA settlement mean? A revenue-sharing model to end college amateurism

After months of negotiations in the House antitrust case, the next evolution of athlete compensation is on the horizon.

sports.yahoo.com

Settlement still in progress, inching closer to resolution.

 

[joelef]

Ohio state just built a state of the art lacrosse facility for 175 million with their own filming room. It’s already professional.

 

[LadyStanley]

Sources: New college athlete compensation model may cost power schools $300M each over 10 years

The college sports industry is moving closer an athlete compensation system. At this point, it seems inevitable.

sports.yahoo.com

Price tag might be $30m/year

The 10-year settlement agreement could cost each power school as much as $300 million over the decade, or $30 million a year. That figure assumes a school meets what is believed to be: (1) a $17-22 million revenue distribution cap for athletes; (2) at least $2 million in withheld NCAA distribution for back damages; and (3) as much as $10 million in additional scholarship costs related to an expansion of sport-specific roster sizes — a concept previously unpublicized.

Nothing finalized, official. Subject to change/negotiations

 

[LadyStanley]

Letitia James announces new lawsuit

James, along with several other attorneys general, sued the National Collegiate Athletic Association (NCAA).

www.newsweek.com

Another challenge to NIL. Attorneys General from Florida, New York, Virginia, Tennessee and Washington DC are suing over restrictions not allowing student athletes to compare NIL compensation before enrollment.