The approval of the House v. NCAA antitrust case, which will result in a multibillion-dollar settlement and collegiate athletes being paid directly by schools, is on hold for at least a week.
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Under terms of the agreement, student-athletes would also be eligible to be paid money outside of schools’ cap if it’s a company without an association or tie to the university, and in cases where third-party clearinghouse Deloitte determines it to be a legitimate exchange of business services outside of the student-athletes’ Name, Image and Likeness.
I would like to hear more detail on this aspect. Seems wide open for corruption. What is meant by “association or tie to the university”? And how do you stop fans of the university from offering recruits business deals with insane money? I was hoping the recruiting process would get a limit on money offered to high school kids before they even sign and play a down of football. A “rookie” salary cap would limit until on campus. And rules that would prohibit making NIL money offers to potential recruits would go a long way to stopping money being a factor in swaying recruits.
We're heading to student athletes becoming employees. It's the only way forward to reign in the potential abuse, corruption, and provide enforceable terms and accountability to these player 'contracts '. The Wild West of college football (and certain other sports) will continue until the NCAA and Congress grow a spine. And the parity that the transfer rules were trying to achieve may be gone as well. The richest programs will obviously have a leg up for the best recruits and offer the best deals. Schools can get around the salary cap by simply keeping the NIL Collectives as separate entities outside the schools.
As much as I do think players deserve to be paid, the system that's coming isn't a great solution.
