would they be university employees or would there be separate corporation that handled football possibly divorced from the university budget? The media analysts all seem to be assuming this will happen but they never get into how this would function. They pretty much assume that the TV contract $$$ would be used to fund the compensation.
Just heard another discussion on this today on ESPNU. They all were assuming that the players would get paid as employees and be under contracts, so could not transfer. True NIL would still be on top of that (i.e. Caleb and Wendys commercials) just like it is for NFL players. No more collectives. Possibly players would not have to be students or have scholarships.
This does not seem as easy as it sounds. Not sure where that leaves the Athletic departments.
Just heard another discussion on this today on ESPNU. They all were assuming that the players would get paid as employees and be under contracts, so could not transfer. True NIL would still be on top of that (i.e. Caleb and Wendys commercials) just like it is for NFL players. No more collectives. Possibly players would not have to be students or have scholarships.
This does not seem as easy as it sounds. Not sure where that leaves the Athletic departments.