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re: Are NIL deals structured like common employment agreements?
Posted on 4/25/24 at 9:19 am to JumpingTheShark
Posted on 4/25/24 at 9:19 am to JumpingTheShark
There should be performance requirements that if not met, means the schools can cancel and stop giving them money. Treat them like employees at this point.
Posted on 4/25/24 at 12:05 pm to Gravitiger
quote:
VA just passed a lae making it legal for schools to directly pay players. Every other state will soon follow suit.
1st off, we were discussing how NIL currently works, not what may one day happen.
And currently, it is against the majority of the state laws to tie NIL to be contingent upon a student being enrolled or participating at a specific school.
2nd, the new VA law is an amendment to the existing law. A law that STILL states:
quote:
A student-athlete shall not earn compensation for the use of his or her name, image, or likeness in exchange for attendance at an institution or pay-for- performance.
so no, the law doesn't allow Virginia schools to "pay players directly"
the law allows schools to compensate the guy the put on the cover of the media guide, or the athlete on that billboard that went up downtown, or. is in the schools commercial, etc.
the law even specifically says the students athletes are NOT employees of the school, so they cannot get paid for anything other than use of their Names, Images, or Likenesses.
what this law mostly does is allow the school to help kids find 3rd party NIL deals (which was previously illegal).
but again, the law states that it cannot be in exchange for being a student at any particular Virginia school.
meaning the contract still can not be written contingent upon the student being at any particular school.
so even with this new law, the endorsement contract can not in any way tie that kid down to any one school or team.
Posted on 4/25/24 at 12:57 pm to Gravitiger
quote:
No one really knows what NIL contracts look like, except for the collectives and the players.
I doubt 95% of the players even know what their NIL contract looks like.
Think about your college job. How many shits did you have to give about what you signed in order to be paid?
Posted on 4/25/24 at 9:04 pm to TackySweater
quote:No?
And the government?
Posted on 4/25/24 at 9:18 pm to Gravitiger
quote:
Not just capitalism. Federal and state antitrust law.
And that pesky Supreme Court ruling that set the entire process into motion.
Posted on 4/25/24 at 9:46 pm to Basura Blanco
(no message)
This post was edited on 4/25/24 at 9:52 pm
Posted on 4/25/24 at 9:51 pm to Basura Blanco
quote:Which, again, was based entirely on federal antitrust law. And, again, had nothing to do with NIL (aside from Gorsuch's nonbinding concurrence).
And that pesky Supreme Court ruling that set the entire process into motion.
This post was edited on 4/25/24 at 10:04 pm
Posted on 4/25/24 at 9:52 pm to Willie Stroker
quote:No shite. I didn't get to negotiate payment for my college job. I got paid minimum wage to do my homework for 20 hours a week. I added no value to the university, besides being an above average student.
Think about your college job. How many shits did you have to give about what you signed in order to be paid?
Elite football players actually do add tremendous value (at least perceptually, and many on the actual field), and they now get to negotiate what they're worth.
It is truly fricking retarded to compare a student worker in the LSU English department to an LSU football player.
This post was edited on 4/26/24 at 5:11 pm
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