Possible Revenue Sharing/NIL solution?

[walshtrips]

I apologize if someone else has suggested a similar solution to the endless escalation of NIL money.

1. Institute a salary cap for revenue sharing which all participating NCAA universities abide by, let's say $5M for basketball.
2. Unlimited NIL contracts are allowed, however they CANNOT bind an athlete to a specific university. Shift the responsibility for securing these contracts to the athlete and their agent. All contracts must be reviewed by the university where the athlete commits, and the NCAA, for compliance.
3. Prohibit NIL collectives.
4. Violations of the above rules subject a university to 2 years probation.

This scenario shields an athlete from punishment by the NCAA and allows the athlete to pursue as much NIL money as they can obtain. The main goal is to keep revenue sharing contracts reasonable and enable universities to compete on a more level playing field.

Thoughts?

 

[dehere23]

I apologize if someone else has suggested a similar solution to the endless escalation of NIL money.

1. Institute a salary cap for revenue sharing which all participating NCAA universities abide by, let's say $5M for basketball.
2. Unlimited NIL contracts are allowed, however they CANNOT bind an athlete to a specific university. Shift the responsibility for securing these contracts to the athlete and their agent. All contracts must be reviewed by the university where the athlete commits, and the NCAA, for compliance.
3. Prohibit NIL collectives.
4. Violations of the above rules subject a university to 2 years probation.

This scenario shields an athlete from punishment by the NCAA and allows the athlete to pursue as much NIL money as they can obtain. The main goal is to keep revenue sharing contracts reasonable and enable universities to compete on a more level playing field.

Thoughts?

On 2, while I get the contracts themselves cannot bind a player to a school under your idea, wouldn’t there be ways to work around that?

Example. Say I’m a huge Hall fan who owns car dealerships and gives NIL under the guise of players promoting the dealerships even though it wouldn’t really be fair market value (but difficult to prove otherwise). Couldn’t my NIL deals give me a right to withdraw from the relationship at any time so as to basically ensure the kid goes to the Hall if he’s getting that deal?

 

[jack 1970]

I apologize if someone else has suggested a similar solution to the endless escalation of NIL money.

1. Institute a salary cap for revenue sharing which all participating NCAA universities abide by, let's say $5M for basketball.
2. Unlimited NIL contracts are allowed, however they CANNOT bind an athlete to a specific university. Shift the responsibility for securing these contracts to the athlete and their agent. All contracts must be reviewed by the university where the athlete commits, and the NCAA, for compliance.
3. Prohibit NIL collectives.
4. Violations of the above rules subject a university to 2 years probation.

This scenario shields an athlete from punishment by the NCAA and allows the athlete to pursue as much NIL money as they can obtain. The main goal is to keep revenue sharing contracts reasonable and enable universities to compete on a more level playing field.

Thoughts?

If you can't prohibit the collectives at least don't make contributions tax deductible.They shouldn't be now.That would reduce collective donations significantly.
Also,there has to be some limit /consequences on transfers from school to school.

 

[STLPirate12]

Add a 4 year program suspension for bring caught making unreported payments or funneling payments through a third party under the guise of NIL

 

[Bud Boomer]

Honestly, contracts would solve 95% of the problems associated with pay for play. Replace the national letter of intent with a binding four-year NIL/P4P agreement - with appropriate buyout provisions - and college hoops will start to look a lot like it used to look sooner rather than later.

 

[lloyde dobler]

Cap = lawsuits ?

 

[Piratz]

Cap = lawsuits ?

Most of the chaos we're not witness is the result of the court system, not even in the ineptitude of the NCAA.