They won't be able to stop people from giving kids NIL money. That cat is out of the bag, as they say.

Did they tell you at this Tech event that the motto is "What happens here changes… Well really nothing".

Krazykat said:

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Why are there scholarships if they are getting paid?

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Ding ding ding

This is the way. If you take NIL Money your scholarship needs to be given to someone else. Athletes at A&M are getting close to $100k a year in in kind compensation via scholarships, food, room and board, counseling and medical care.

Not sure how on earth we got here.

Quote:

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you take NIL Money your scholarship needs to be given to someone else.

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Why? Because it would make you feel better?

There's no legal or logical basis for such a rule.

The House agreement targets 50% of revenue between scholarships and payments for school and conference use of student-athlete NIL. It does not impede traditional scholarships for all sports but includes a look back payment of over $2 billion for anti-trust hilarious back to 2016.

Trying to shut down scholarships is just proving that shamateurism created a false narrative to cover for bully cartel-style trust-style monopoly behavior.

For those complaining you sound envious…

skinny2001 said:

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Krazykat said:

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Why are there scholarships if they are getting paid?

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Ding ding ding

This is the way. If you take NIL Money your scholarship needs to be given to someone else. Athletes at A&M are getting close to $100k a year in in kind compensation via scholarships, food, room and board, counseling and medical care.

Not sure how on earth we got here.

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Tuition is about $10k per year. Board is about $10k. Food is probably $5k. So that's $25k total per year combined for food, housing, and tuition. Not sure how the rest of your stuff adds up to another $75k on top of that to equal $100k.

bearcat said:

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Who is capping NIL payments? They just have to fit with the rest of the market. They have to EARN their NIL. Collectives just can start paying whoever. It has to be a legit NIL deal. So Nike can offer an NIL deal to a kid. If XOM decides they want to pay more, they can.

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Legit NIL earnings might happen on top of the $22 million salary-cap instead, no? Seriously doubt they require everyone to have legit NIL deals or few teams could raise $22 million. Then again, rich alumni could manipulate NIL deals linked to a company, as to pay the player double what he'd be earning from an NIL collective.

So maybe it is best to cap the legit NIL into a salary-cap if possible. Someone will always be trying to pay more than their rival.

Milwaukees Best Light said:

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Who will govern this? The NCAA still?

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ESPN will be in charge of it and will let tu have oversight.