Tag

Nil Agreements

All articles tagged with #nil agreements

sports6 months ago

NCAA Settlement Impacts on Student-Athletes and Non-Power Schools

The University of Louisville has signed dozens of athlete contracts under a new revenue-sharing system established by the House v. NCAA settlement, allowing schools to pay athletes directly with a $20.5 million cap, with agreements outlining compensation and responsibilities, though athletes are not considered employees. These contracts are part of the recent shift in college sports following legal and legislative changes, and they are still evolving to include performance incentives and other terms.

sports1 year ago

Michigan's 2025 Class Shines with Bryce Underwood's Commitment

Michigan successfully recruited top football prospect Bryce Underwood, partly due to a multimillion-dollar NIL offer and support from billionaire Larry Ellison. Underwood's switch from LSU to Michigan highlights the increasing role of financial incentives in college sports recruiting. Michigan's strategy marks a shift from its previous approach, focusing on maximizing Underwood's brand potential. The recruitment involved significant backing from Michigan donors and partnerships with companies like Passes for digital content monetization.