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Mandatory NIL Deal disclosure ?
Posted on 1/16/24 at 12:11 pm
Posted on 1/16/24 at 12:11 pm
Damn, I must have missed this from last September but if the NCAA can actually pull this off it should help SOME with the madness.
Namely, the mandatory disclosure of NIL deals.
I'm sure it'll bring the Title IX people out with pitchforks but it'll be very interesting to see, for example, how much you have to spend to be competitive. And who is doing more with less.
But kids are going to be demanding raises all over the place once they know how much the new freshmen are getting.
Deal sizes will not DECREASE from year to year. They'll go up like coaches' salaries and NFL QB salaries. Indefinitely.
I wonder how it will play for incoming freshmen. WHEN do they have to disclose their deals? Before or after signing. Before would be a shite show.
They've GOT to figure this out. I think Mandatory disclosure is a necessary first step though. This article goes into some standardized contract proposals etc. Lots of decent ideas.
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During the association’s annual convention in Phoenix, the NCAA formally approved the implementation of a voluntary registry for NIL service providers,
mandatory disclosures of NIL deals, more standardized contracts and educational programs for athletes and NIL entities. The measures are effective Aug. 1.
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LINK /
Namely, the mandatory disclosure of NIL deals.
I'm sure it'll bring the Title IX people out with pitchforks but it'll be very interesting to see, for example, how much you have to spend to be competitive. And who is doing more with less.
But kids are going to be demanding raises all over the place once they know how much the new freshmen are getting.
Deal sizes will not DECREASE from year to year. They'll go up like coaches' salaries and NFL QB salaries. Indefinitely.
I wonder how it will play for incoming freshmen. WHEN do they have to disclose their deals? Before or after signing. Before would be a shite show.
They've GOT to figure this out. I think Mandatory disclosure is a necessary first step though. This article goes into some standardized contract proposals etc. Lots of decent ideas.
----------------
During the association’s annual convention in Phoenix, the NCAA formally approved the implementation of a voluntary registry for NIL service providers,
mandatory disclosures of NIL deals, more standardized contracts and educational programs for athletes and NIL entities. The measures are effective Aug. 1.
----------------
LINK /
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