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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 12:31 pm to Russianblue
quote:This will go away in court lmao
mandatory disclosures of NIL deals
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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