Power of Pre-Settlement NIL Deals...
- Rupp Rafters - Basketball Forum
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Some serious frontloading here as schools maneuver to spend cash before July 1, when compensation falls under the new cap and enforcement entity.
Deals that are signed before Judge Wilken approves the settlement are not subject to the new enforcement as long as they are paid out by July 1. Deals signed after the judge approves the settlement will be subject to the new cap-based revenue-sharing model and enforcement clearinghouse for third-party deals worth $600 or more.
That’s why you’re seeing some crazy numbers out there, like $4 million for JT Toppin, or the $2.5 million South Carolina coach Lamont Paris said another SEC school offered Collin Murray-Boyles. Toppin is getting $4 million for just one season, during which he can develop further and potentially go even higher in the draft than he would this summer. That money won’t count against the school’s revenue-share pool cap (expected to be $20.5 million in year one) or be subject to the clearinghouse. Collectives, as we know them, only have so much time left to cook.
Deals that are signed before Judge Wilken approves the settlement are not subject to the new enforcement as long as they are paid out by July 1. Deals signed after the judge approves the settlement will be subject to the new cap-based revenue-sharing model and enforcement clearinghouse for third-party deals worth $600 or more.
That’s why you’re seeing some crazy numbers out there, like $4 million for JT Toppin, or the $2.5 million South Carolina coach Lamont Paris said another SEC school offered Collin Murray-Boyles. Toppin is getting $4 million for just one season, during which he can develop further and potentially go even higher in the draft than he would this summer. That money won’t count against the school’s revenue-share pool cap (expected to be $20.5 million in year one) or be subject to the clearinghouse. Collectives, as we know them, only have so much time left to cook.