This off season is wild due to the NIL and businesses throwing big bucks to college players.
NIL = Name, Image and Likeness.
This whole thing started because the schools make money off the players NIL? Right? It was to also negate the already cheating of paying players anyways.
There are a plethora of advantages and disadvantages from NIL. Right now, just like the big issue is in the video game industry, NIL is basically free agency, and the "Pay to Win" model.
The Potential Fix
If the universities are making money off players NIL, why not do revenue or profit sharing with the players? Come up with a potential percentage of revenue or profit sharing for the team that they have to pay. Give 25% of that paycheck every 2 months or something until the end of the school year.
Right now, most NIL is based off marketing dollars to advertise businesses and using the players to be that catalyst for that.
I don't know... I think eventually the NIL will simmer down in a year or two because these businesses are not getting a high ROI.
NIL = Name, Image and Likeness.
This whole thing started because the schools make money off the players NIL? Right? It was to also negate the already cheating of paying players anyways.
There are a plethora of advantages and disadvantages from NIL. Right now, just like the big issue is in the video game industry, NIL is basically free agency, and the "Pay to Win" model.
The Potential Fix
If the universities are making money off players NIL, why not do revenue or profit sharing with the players? Come up with a potential percentage of revenue or profit sharing for the team that they have to pay. Give 25% of that paycheck every 2 months or something until the end of the school year.
Right now, most NIL is based off marketing dollars to advertise businesses and using the players to be that catalyst for that.
I don't know... I think eventually the NIL will simmer down in a year or two because these businesses are not getting a high ROI.