There's plenty to hate about the current state of college athletics, but for those hoping that we eventually get to a point of having actual structure behind all the madness, this seems like a positive step towards that.
For one, there will now be an actual spending cap for those that choose to opt in to this payment plan, and part of the deal here is that it will require schools that opt in to regularly submit their payrolls. Compared to what we have today with the complete lack of transparency surrounding NIL, I think that this is big.
Second, there will be plenty of jokes about this new enforcement arm and rightfully so, but I'm glad to see that future true NIL deals outside of the revenue sharing plan will at least now have some form of 3rd party review/approval.
Of course, there's always a flip side, and this one especially caught my eye. What could possibly go wrong here?
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