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Super Agent Drew Rosenhaus calls for a NIL salary cap in college football

Matt Connollyby:Matt Connolly08/19/24

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College football is continuing to evolve after the additions of NIL and the transfer portal in recent years. Super-agent Drew Rosenhaus recently sat down with Phillip Dukes of On3 and discussed what’s next for the sport.

Rosenhaus believes that college athletes becoming employees and starting a union would be a positive step in the right direction. Yes, that are challenges associated with making college football players employees, but overall he believes it would make the sport better.

“I think that would be great, and then that would allow college athletes to unionize. It would allow for a more structured approach to NIL,” Drew Rosenhaus said. “What we have right now is a very fragmented system that there’s not a lot of rules and regulations. There’s not a lot of, I think, structure.”

Current rules allow for collectives to raise money and pay athletes without many guidelines as far as how much money they can make. College athletes are also currently allowed to collect money after signing with a school and then transfer out before even appearing in a game in some cases.

Rosenhaus believes that a salary cap would be beneficial to universities and to the entire sport of college football.

“I believe in NIL. I think it’s great for everyone involved,” Drew Rosenhaus said. “But I do think that there needs to be structure, that all colleges in major conferences should operate with a salary cap like we have in professional sports. And I think structure would be great to give everybody a fair shot at being competitive, and we’re not just seeing the collectives with the deep pockets dominate recruiting.”

It will be interesting to see if what Rosenhaus is proposing eventually does take place and if it does lead to more parity in college football.

Most college football coaches around the country have said that they are in favor of more rules and regulations in regards to NIL.

“It would be outstanding to see more of a level playing field and everybody operate within the same rules and structure,” Rosenhaus said.

Drew Rosenhaus is one of the top agents in sports and has several high-profile clients, including several college football players.

A couple of his NFL clients include Dolphins receiver Tyreek Hill and Bears receiver DJ Moore. As far as NCAA clients, Rosenhaus said back in February that his company Rosenhaus sports: “Had 70 NIL clients. It’s chaotic. I love the fact that college guys are finally getting paid. It’s about time. I think it’s awesome. I mean, why are college football players the only athletes or guys that provide a service, a skill, that can’t get paid their fair market value? It’s absolutely awesome.”