House v. NCAA/NIL/Revenue sharing/Roster caps/Scholarship limits

[District four]

Fair market value is the willingness of someone to pay what they feel they should pay. That sounds like a legal nightmare.

Or what a kid can show they have DONE above the average for the market. In other words what can they show that makes them worth so much. I think a lot of kids will struggle with that. Kids will have to be paid based on what they have accomplished not what they have the potential to accomplish. Good luck Iowa lmfao

 

[GogglesPaizano]

When I hear of these $500k NIL deals, I suspect it is a sum of the whole package including scholy, room & board, books, and NIL. At $40-60k/ year just for the scholy, coupled with the NIL portion allocated over multiple years, the annual NIL is probably more than a bit more modest than the crazy numbers we have been hearing for a long time.

 

[tullfan68]

so how are they gonna figure out market value??

 

[CantThinkOfAGoodUsername]

When I hear of these $500k NIL deals, I suspect it is a sum of the whole package including scholy, room & board, books, and NIL. At $40-60k/ year just for the scholy, coupled with the NIL portion allocated over multiple years, the annual NIL is probably more than a bit more modest than the crazy numbers we have been hearing for a long time.

I think people have to understand that there are two types of NIL deals. One is from the colleges collectives like Happy Valley United. That type of deal is going to be regulated with the new settlement coming up tomorrow. That will be regulated by the NCAA for fair market value. The other type of deal is made by the athlete himself and under state regulations, which means essentially unregulated. These deals we are hearing about are not of the first NIL type, which is the college collectives. There is no mandatory transparency in either type of NIL deal so everything you hear is just rumor.

 

[CantThinkOfAGoodUsername]

I think people have to understand that there are two types of NIL deals. One is from the colleges collectives like Happy Valley United. That type of deal is going to be regulated with the new settlement coming up tomorrow. That will be regulated by the NCAA for fair market value. The other type of deal is made by the athlete himself and under state regulations, which means essentially unregulated. These deals we are hearing about are not of the first NIL type, which is the college collectives. There is no mandatory transparency in either type of NIL deal so everything you hear is just rumor.

This settlement happening today will begin the most monumental set of changes to college sports ever! Everything will be different or unknown. It's importance to college sports and wrestling cannot be overstated. Admittedly, the details will be boring and confusing. I hope it gets 1/10 of the attention here that the Zack Ryder transfer received.

 

[98lberEating2Lunches]

This settlement happening today will begin the most monumental set of changes to college sports ever! Everything will be different or unknown. It's importance to college sports and wrestling cannot be overstated. Admittedly, the details will be boring and confusing. I hope it gets 1/10 of the attention here that the Zack Ryder transfer received.

Please watch and report back to us.

Zoom webinar (1,000 participant limit):

https://canduscourts.zoomgov.com/j/1605265531?pwd=b3FhUE5jWkZJUFVEVHgva0xDbk5FUT09Webinar

ID: 160 526 5531
Password: 593853

 

[creamery freak]

This settlement happening today will begin the most monumental set of changes to college sports ever! Everything will be different or unknown. It's importance to college sports and wrestling cannot be overstated. Admittedly, the details will be boring and confusing. I hope it gets 1/10 of the attention here that the Zack Ryder transfer received.

So what we all know is the Bagman will live on...