Hopefully they get treated like pro players and have to pay player taxes to play in different states like in pro sports.
Why would this happen? This isn't a salary or player contract. Only way that happens is when they are employees.
Economic crash, boosters sick of getting fleeced (and constantly dialed up by call centers), baby boomers (the bulk of our big-time boosters) die off.
Simply stop supporting the craziness! If these players want all this money, let the NFL start a developmental league like the NBA. Let these kids play in front of 500 fans and see how quickly the money disappears. They need the universities more. I have been a Gator my whole life and enjoy football, but I’m done. I’ll still watch on TV when convenient, but won’t put a penny in support of this. I grew up watching the dolphins and can still recite the starting lineups from the 70s. Free agency came in and loyalty was done. Now it’s at the college level.
NIL is here to stay, though I suspect third party contracts will have some form of regulation attached to them. I personally think athletes should draw a compensation from the university they play for. What they do with NIL is up to them. There is no way you can constrain the third party service contracts in a free market, though I do think there is a need for some sort of regulation or monitoring. Overall, it is fairly benign but could stimulate some nefarious actions going forward (think point spreads...).
I work at a university and the joke goes, whenever the feds get involved, they make things worse. This is on the NCAA for not allowing kids to be compensated. Instead they were going after kids for making money off a bake sale….
Unfortunately, NIL is not going to go anywhere so the NCAA needs to construct guidelines that affect college sports in general. Things like no more automatic free transfers.
NIL can't end. Transfer rules may have a few caveats added but probably never ends. Opt outs end only when NFL rules deny drafting those players.
Wouldn't fly in the state of Florida. Restrictions on transferring would restrict NIL which would violate Florida's NIL law. Law: A postsecondary educational institution may not adopt or maintain a contract, rule, regulation, standard, or other requirement that prevents or unduly restricts an intercollegiate athlete from earning compensation for the use of her or his name, image, or likeness. Earning such compensation may not affect the intercollegiate athlete’s grant-in-aid or athletic eligibility.
I don't know; why don't you tell us? It wasn't lawyers that created the problem; it was greedy business people illegally appropriating the NIL of players, making piles of money, and not giving any of it to players. They did it for years, and kept all of the money. Once the NCAA wrongfully allowed that to go on, it was inevitable that the courts would intervene to stop it, rightfully so. This issue has been decided by the US Supreme Court no less, and there is no way to change that now, contrary to what some Congressmen --and you-- may think. Perhaps the states or the NCAA could put some rules on how NIL should work, but Congress probably doesn't have the power to do it, the NCAA is not going to do it, which means it will be left up to individual states. We know how that will go, even if it were legal for them to act. I'm pretty sure Alabama won't be imposing any restrictions on NIL payments. It's a fait accompli at this point. The only way I see to change it is for universities to "opt out" form their own league where NIL isn't allowed, and all compete at the same level. They could do that, imo, but won't.
This is basic stuff that nearly all companies need (less the agent). Not a mess at all, just part of the process. There is some technology to help do this - very easy to do.
Agreed, but we are talking about extremely naive HS kids. I hope they all get agents that are on the up and up and help them set it all up, but likely some of them will get fleeced. Some will be so greedy (or have parents or "uncles" that are) that they demand and spend all the cash and then don't have enough left to pay Uncle Sugar.
Not necessarily. A State desperate for tax money could claim that the player wouldn’t have an NIL contract unless he was playing football, and then make the argument that playing a game or games in their state helps him generate that income. It would go to court and the argument may or may not work. But if enough money is at stake, some state will try it. If it’s successful, other states will follow.
It's possible but you would think they would have already tried that with professional players. As far as I know, pros only pay out of state taxes on for the one day they play a game in that state. So their game day salary is taxed not any other income.
I was responding to the suggestion that our federal govt would get involved. Bad idea - they can make things worse faster than about anybody