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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 /
6
Posted on 1/16/24 at 12:13 pm to Russianblue
Disclosure or not, nothing is binding the players to their commitments.
Posted on 1/16/24 at 12:15 pm to Russianblue
Title IX will soon be irrelevant b/c athletes are going to get revenue shares and there will be employment contracts which will help stop so many transfers. Employment contracts will also cut Title IX out. So, all the non-revenue sports can kiss off.
This post was edited on 1/16/24 at 12:16 pm
Posted on 1/16/24 at 12:21 pm to Shaft Williams
after reading that article, it looks like we are still 2-3 years out from having a truly solid framework in place as they need congress to pass some laws and get all the schools and collectives on board.
on the bright side, this Charlie Baker guy at the head of the NCAA council seems like he's not as disconnected as the idiots who normally run the NCAA.
on the bright side, this Charlie Baker guy at the head of the NCAA council seems like he's not as disconnected as the idiots who normally run the NCAA.
Posted on 1/16/24 at 12:31 pm to Russianblue
quote:This will go away in court lmao
mandatory disclosures of NIL deals
Posted on 1/16/24 at 12:58 pm to Shaft Williams
quote:
Title IX will soon be irrelevant b/c athletes are going to get revenue shares and there will be employment contracts which will help stop so many transfers. Employment contracts will also cut Title IX out. So, all the non-revenue sports can kiss off.
Title IX is a big part of the problem that lead us to where we are. In typical, ham fisted fashion bureaucrats found a solution to a problem which did not exist, namely women's sports not being on equal footing with men's. That is fine in tennis and golf, I imagine but it is beyond ridiculous when football for the most part, and to a lesser extent basketball and an even lesser extent baseball, pays for EVERYTHING. It is not by mistake that all of the people playing these sports is a male and a good many of them are black. It has been a bad look from day one for a black athlete to be putting the work in needed to play football at USC, for example, and revenue from that work being used to pay for a female equestrian team. It was especially bad when that same athlete played 4 years, received or did not receive a degree and was homeless or dead a few years after generating millions of dollars for gymnastics. White or black, tragic either way, but especially bad look when it was a black man in the world we live in today. They should have been paid for years...and paid according to their ability and the amount of revenue they drove, just like any other employee. The lure of free money for the University to lure more and more students and donations from boosters was to enticing to do what was right and here we are. It is not sustainable and it is, at the end of the day, a horrible look. 100 years from now it will be viewed worse than the worse accusations which have been flung at it recently.
Posted on 1/16/24 at 1:25 pm to Russianblue
The universities are already obligated to disclose all NIL deals to the NCAA.
I'm not sure how much detail is in the disclosure (i.e. is it a date/amount/and company? Or does it include a copy of the contract?).
But there is already mandatory reporting in place.
I'm not sure how much detail is in the disclosure (i.e. is it a date/amount/and company? Or does it include a copy of the contract?).
But there is already mandatory reporting in place.
Posted on 1/16/24 at 1:26 pm to Russianblue
They need to do this, plus need some adjusting to portal entry periods
Posted on 1/16/24 at 1:27 pm to Russianblue
It’s all crumbling to pieces.
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