The NCAA can cut out all the collectives. Collectives are pay to play and not true NIL. In my opinion, collectives and the unlimited transfer rule are the culprits. I believe the ncaa has the ability to fix both but as we all know, they are impotent.
I'm not an expert. Just shooting from the hip. NCAA can't control collectives but I would think they could enforce athletes ability to receive collectives $$'s.
I would agree with the statement that there is no real confirmation on the money involved. The closest I have read to confimred numbers is Clemson's collective spent $2.5M in '23 for all sports combined based on IRS filings and Texas A&M spent $3.5 in '23for all sports combined based on a FOIA release. Those numbers make me thing many of the numbers players state on social media are grossly inflated. My guess is collectives pay out 1/4 to 1/3 of the NIL dollars per school and other interests pay out the balance. At smaller schools collective may cover 50%, or more, and at biggers schools there may be more resources outside of collectives so the 25% mumber may be accurate. Ohio State is spending for sure but I would guess a 5 star QB maybe gets $400-500k max but not $1-2M. I think the huge numbers players state is an attempt to set the market at that level.
I don't know how the NCAA could restrict what a player gets from a collective. There is no unringing the bell without massive changes to the way athletes are admitted to the schools. A quick look at the twitter videos posted by players will let anyone know many of these athletes could not be admitted to the schools they play for and some could not be admitted to ANY college. Until the rules are changed so that athletes have to be admitted to college with the same requirements as other students BEFORE they can receive a scholarship or NIL money things are going to continue to get worse.
The ncaa didn’t grant NIL, the Supreme Court did. The NCAA refusing to make consolidations to that fact in the 2000’s is what got us here. The ncaa could have allowed it and put rules on it and likely been ok. No one likely would have challenged it.
They have to want to do something about it. I don't think they really care as long as $$'s are flowing.
www.gfrlaw.com
College Athletes Beat NCAA at Supreme Court 9-NIL, Allowing Endorsements | Gordon Feinblatt LLC
College athletes are now entitled to make money through endorsements.
Law firm explaining it.
The case itself
TigerImpact, I don't really know how many they have and which one(s) is the largest.
There was a movie that came out in 1973 called "American Graffiti about teen life in 1962. The advertisement line used for that movie was "Where were you in 1962?". College football is going the way of "Pre-1973" college football. Do you remember how college football was for the South Carolina Gamecocks in that era (1960s)? Were you even alive back then? I was and, I remember how things were. The richest and most traditional powers were able to stockpile their rosters with as many players as they wanted. The most vivid way to describe college football back then is this: there was a "major leagues" of college football and a "minor leagues" of college football. You know where South Carolina football was relegated to? Minor league, of course.
Well one thing not being mentioned is that NIL is considered income by the IRS and in April every year they will be required to pay taxes on the NIL amounts they receive. Welcome to the world of being a taxpayer.
Yes. Already discussed Alston above. That ruling was specifically limited to education-tethered benefits.
