House Settlement Revenue Sharing

We already spent more than that on NIL for football. Georgia does too.
 
The above is revenue sharing...you can still do NIL deals with players. But the difference is supposed to be that the NIL deals are to be at Fair Market Value for value provided by the player endorsement....determined by a third party (Deloitte). It will be very interesting to see what happens the first time Deloitte says a NIL deal is over FMV.

There is also talk about grandfathering the deals already signed prior to the Settlement....so still lots of details to be worked out.
 
Soonercuda said:
The above is revenue sharing...you can still do NIL deals with players. But the difference is supposed to be that the NIL deals are to be at Fair Market Value for value provided by the player endorsement....determined by a third party (Deloitte). It will be very interesting to see what happens the first time Deloitte says a NIL deal is over FMV.

There is also talk about grandfathering the deals already signed prior to the Settlement....so still lots of details to be worked out.
Click to expand...
How can the law stop a person from paying more than the Deloitte-determined FMV? It isn't breaking a law, and telling people what they can and can't do with their money is a slippery slope.
 
They will never come up with a system that works. Too many people with diverse and competing interest wanting to get rich. I say lets go to intramurals, or something like they have in the Ivy league. Separate school from sports all together. I'm done with it. Gave up pro sports a long time ago, and I am ready to give up on college sports.
 
Soonercuda said:
The above is revenue sharing...you can still do NIL deals with players. But the difference is supposed to be that the NIL deals are to be at Fair Market Value for value provided by the player endorsement....determined by a third party (Deloitte). It will be very interesting to see what happens the first time Deloitte says a NIL deal is over FMV.

There is also talk about grandfathering the deals already signed prior to the Settlement....so still lots of details to be worked out.
Click to expand...
there will be a lawsuit that the schools will lose and NIL will stay just like it is currently .. the wild west ..
 
jdizzle34 said:
How can the law stop a person from paying more than the Deloitte-determined FMV? It isn't breaking a law, and telling people what they can and can't do with their money is a slippery slope.
Click to expand...
My attorney fees are regulated (attys cant get more than 50% of a contingency fee no matter what).. why can't these golden calf players have regulations?
 
hoopsaustin said:
My attorney fees are regulated (attys cant get more than 50% of a contingency fee no matter what).. why can't these golden calf players have regulations?
Click to expand...
Because those have been bargained for. By some governing body. The players have no governing body bargaining for them.
 
jdizzle34 said:
How can the law stop a person from paying more than the Deloitte-determined FMV? It isn't breaking a law, and telling people what they can and can't do with their money is a slippery slope.
Click to expand...
It becomes an amateur athlete issue. Olympics has a committee that regulates how much endorsements and what type classify as pro versus amateurs for the individual sports. That is why some Olympic athletes have day jobs.

Colleges or NCAA can set a FMV standard and if a certain deviation above then they are no longer amateur.

Not saying I agree this is best option, but it is an option.
 
hoopsaustin said:
Certainly not an employee of the bar association
Click to expand...
The firm you work for has to abide by that law. You are an employee of the firm. These athletes are, again, not employees. It's just like the NFL. Dak may make $60 million a year in salary, but there is legally no cap to what any company wants to pay him.
 
jdizzle34 said:
The firm you work for has to abide by that law. You are an employee of the firm. These athletes are, again, not employees. It's just like the NFL. Dak may make $60 million a year in salary, but there is legally no cap to what any company wants to pay him.
Click to expand...

The Olympics regulates endorsements allowed to amateur athletes as I mentioned above. So appears to be a legal option.

Standards can apply without laws. In my field if I violate standards set by an industry organization, I will be unhirable. But that is not a law or requirement.
 
snydrosooner said:
It becomes an amateur athlete issue. Olympics has a committee that regulates how much endorsements and what type classify as pro versus amateurs for the individual sports. That is why some Olympic athletes have day jobs.

Colleges or NCAA can set a FMV standard and if a certain deviation above then they are no longer amateur.

Not saying I agree this is best option, but it is an option.
Click to expand...
that is not remotely the same thing and now the olympics doesn't have the requirement any longer ..
 
BoulderSooner said:
that is not remotely the same thing and now the olympics doesn't have the requirement any longer ..
Click to expand...
Many Olympic sports still have endorsement limit requirements. Mostly smaller sports but they are limited what country and endorsements they can get to compete. It’s very similar. The original judge in bannon ruling used Olympic standard as part of argument on why other amateur athletes should get nil.
 
You must log in or register to reply here.

Similar threads

Sooner Season
One more time.........Miss State tickets anyone?
Replies
15
Views
383
Sooner Season
Sooner Season
W
Record predictions
2 3
Replies
49
Views
2K
Hecubus
H
C
Thoughts on the SEC
Replies
15
Views
441
Soonerguy06
S
jackson_supersooner
Taking 7 year old boy to first game
2
Replies
23
Views
699
SoonerBounce13
SoonerBounce13
TEvans4Three
The Godwin Particle (Moore added)
Replies
2
Views
190
BoulderSooner
BoulderSooner
Back
Top