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Collectives

All articles tagged with #collectives

sports6 months ago

House Attorneys Criticize NIL Deal Restrictions and Enforcement in College Sports

Attorneys involved in a $2.8 billion settlement with the NCAA and conferences argue that the College Sports Commission's new guidelines for vetting NIL collective deals violate the settlement terms, specifically regarding the treatment of collectives as third-party businesses, and threaten legal action if not retracted. The guidance aims to regulate NIL payments to prevent circumventing revenue-sharing caps, but critics say it undermines the role of collectives in college athletics.

via The New York Times|
#collectives#college-sports#ncaa
sports6 months ago

NIL Enforcement and Monitoring Challenges Impact College Sports Deals

A new enforcement guidance from the College Sports Commission aims to regulate NIL deals, requiring approval for deals over $600 to ensure they serve a 'valid business purpose,' which could significantly restrict school-affiliated collectives' ability to pay athletes, sparking controversy over the impact on college athletics and the legitimacy of NIL arrangements.

via The New York Times|
#athlete-deals#collectives#college-sports
sports2 years ago

Deion Sanders Takes a Stand on NIL and Collectives.

Deion Sanders, head football coach at Colorado, supports Name, Image and Likeness (NIL) but is against Collectives, which he believes are just boosters throwing cash at players who have yet to prove their worth. Sanders wants players to earn money from on-field production and focus on getting the NFL bag, not just a temporary one in college. He is concerned that young athletes are getting paid before setting foot on a college campus and may lose their incentive to get better. Sanders wants players to be comfortable but to focus on the NFL bag, which will pay off more in the long run.

via OutKick |
#collectives#college-football#deion-sanders
sports2 years ago

Deion Sanders Takes on Collectives and NIL in Colorado Coaching Gig.

Deion Sanders, head coach of Colorado, supports college football players profiting off of their Name, Image and Likeness (NIL), but is against collectives that offer money to players before they even play a down of college football. Sanders believes that players should be compensated based on their performance and with incentives for hitting certain goals, rather than being offered money through a collective while still in high school. He wants players to be set up for success in the NFL and not have NIL take away from football.

via On3|
#collectives#college-football#deion-sanders