listening to my brother who is close to the subject in Ohio, he said the school presidents are advising all their staff to have NO contact with any organization handling NIL for their athletes whether current or prospective. Their AG has specifically indicated that SCOTUS decision was only that the NCAA could not limit academic related funding for athletes, and that was all it decided.
I know there is a lot of frustration re what Penn State is doing or not doing re NIL, but what is it the school can actually do? Don't they have to be arms length to any organization handling NIL $$?
The other item is the concept there is an NIL "salary", but NIL is personal value money, and many players would have no value at all, while others may have multiple six digit value. This is far from everyone getting a piece of the pie. Creating a salary system is not an NIL concept. The school cannot get into the payroll business without creating a Title IX issue (per Ohio AG office).
The discussion that Penn State is getting a piece of the BTN deal, and that would be $100M (?). Dividing that among the FB players would not be correct, as wouldn't that be for all sports? What about AD and university costs to support? Taking the BTN money and think that half is for FB players seems incorrect. This does no seem like NIL either, so not sure why NIL is used for that situation.
Overall, what do you think Penn State University administration should or could be doing around NIL? What are they NOT doing that others are doing?
I know there is a lot of frustration re what Penn State is doing or not doing re NIL, but what is it the school can actually do? Don't they have to be arms length to any organization handling NIL $$?
The other item is the concept there is an NIL "salary", but NIL is personal value money, and many players would have no value at all, while others may have multiple six digit value. This is far from everyone getting a piece of the pie. Creating a salary system is not an NIL concept. The school cannot get into the payroll business without creating a Title IX issue (per Ohio AG office).
The discussion that Penn State is getting a piece of the BTN deal, and that would be $100M (?). Dividing that among the FB players would not be correct, as wouldn't that be for all sports? What about AD and university costs to support? Taking the BTN money and think that half is for FB players seems incorrect. This does no seem like NIL either, so not sure why NIL is used for that situation.
Overall, what do you think Penn State University administration should or could be doing around NIL? What are they NOT doing that others are doing?