Tag

Nil Collectives

All articles tagged with #nil collectives

sports5 months ago

Power Conferences and House Attorneys Reach Deal to Ease NIL Collective Restrictions

Power conferences and House attorneys have resolved a dispute with the College Sports Commission over NIL collectives, allowing them to provide athlete deals with a valid business purpose that won't count against revenue caps, potentially increasing athlete compensation but also complicating recruiting and roster management.

sports-business1 year ago

NCAA Faces Major Changes with Player Payments and Legal Settlements

The NCAA and power conferences are finalizing a settlement to overhaul the scholarship structure and introduce a revenue-sharing model for college athletes, potentially eliminating NIL collectives. However, many believe collectives will persist, evolving into marketing agencies funded by universities. This shift raises questions about compliance, Title IX, and the future of athlete compensation, as schools and collectives navigate a complex new landscape.

sports1 year ago

NCAA Settlement: Schools to Pay Players, Future of NIL and Non-Revenue Sports Uncertain

The NCAA and power conferences have reached a historic $2.8 billion settlement agreement that includes a future revenue-sharing model for athletes, significantly altering the landscape of college athletics. The settlement raises questions about Title IX compliance, the future of NIL collectives, and potential changes to scholarship and roster limits. Schools will distribute 22% of their average athletic department revenue to athletes, with ongoing monitoring and adjustments. The settlement aims to protect the NCAA from future legal challenges while potentially reshaping how athletes are compensated.