NIL basics:
1)NIL deals are signed contracts with athletes & 3rd parties
2) many ARE mulit year deals. The most famous is QB Nico down in Knoxville, $8M for 4 yrs.
3)NIL deals can't be pay for play, can't be for attending a specific school.
4)NIL gets around this by saying no payments unless they live in, say, Lexington KY 95% of the time.
5)So if a kid transfers after a yr, he broke the contract, no more $$$.
6)salary cap....this ain't no salary, nothin to cap. 3rd parry deals between boosters/companies/collectives and the players. Schools can't have control how much or how little.
1)NIL deals are signed contracts with athletes & 3rd parties
2) many ARE mulit year deals. The most famous is QB Nico down in Knoxville, $8M for 4 yrs.
3)NIL deals can't be pay for play, can't be for attending a specific school.
4)NIL gets around this by saying no payments unless they live in, say, Lexington KY 95% of the time.
5)So if a kid transfers after a yr, he broke the contract, no more $$$.
6)salary cap....this ain't no salary, nothin to cap. 3rd parry deals between boosters/companies/collectives and the players. Schools can't have control how much or how little.