Little Elm Tiger

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If it's set up as a 3rd Party deal from the beginning, it doesn't come out of the Revenue Sharing. Revenue Sharing = School's Money; NIL = 3rd Party deals for Name, Image and Likeness. NIL doesn't come from the school any longer. All of the collectives have been shut down.

LSU's Football Revenue Share is 75% of 20.5 million which is a tad north of 15.3 million. The rest (25 million) is 3rd Party NIL. Lane took the job because we had the best setup for everything. They've known about this before December 1st (they have lawyers). We had the best setup then. The setup is Gordon and other business entities funding the NIL portion.

NIL deals aren't able to be credited back to the school's Revenue Sharing pool if any deal was initially funded by Revenue Sharing. That's all the memo is saying.

There is no total cap.

Revenue Sharing deals aren't subject to the clearing house.
3rd Party NIL deals are subject to the clearing house.

Revenue Sharing will be used to sign the big fish, like Texas Tech did with Sorsby. 3rd Party NIL deals will be the fair market value offers to get through the clearing house.

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This was probably just leaked to get a better NIL deal from USC.

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