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NIL BACK OUT/ NLI BACK OUT

Nbnylon

Senior
Apr 30, 2019
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The entity that gave the incoming qb at Florida $13M backed out of the deal so what happens the kid says I’m not going and Florida, seeing the potential issues, let’s him back out of the NLI.

This is quickly becoming the Wild Wild West and the NCAA whether they want to or not will have to set some rules sooner or later.
 
So what happens when inevitably one of these entities goes belly up files bankruptcy and doesn’t pay the kid in the middle of the season. Does he say “oh wait a second no $?, well I’m not playing and jumping on portal end of the season while suing the school also?
 
So what happens when inevitably one of these entities goes belly up files bankruptcy and doesn’t pay the kid in the middle of the season. Does he say “oh wait a second no $?, well I’m not playing and jumping on portal end of the season while suing the school also?
What’s so hard to understand? (And it’s NIL, not NLI - far from that)….. there are no rules, and since the Supreme Court made its own ruling, this stuff is all beyond the NCAA unless there is some sort of legislation passed which is considered constitutional. Until that happens, good luck.
 
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What’s so hard to understand? (And it’s NIL, not NLI - far from that)….. there are no rules, and since the Supreme Court made its own ruling, this stuff is all beyond the NCAA unless there is some sort of legislation passed which is considered constitutional. Until that happens, good luck.
What the caption meant was since they backed out of the NIL he backed out of his NLI.

Irrespective, it is inevitable that this will happen to some more kids and the lawsuits that arise out of it, including the schools as a defendant, is not going to be a good look.
 
One thing that does usually happen is schools grant releases from a letter of intent, because why have someone who doesn’t want to be there on your campus, and also because it’s a bad look with other recruits
 
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