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House settlement finally released….

goodnterribles said:
Was them preventing boosters from compensating student athletes breaking the law? Or was it preventing student athletes from earning money themselves while profiting off of the student athletes through apparel, merchandise, and video games?

Maybe I'm completely off on this, but when NIL was ruled on, it was clearly about athletes being able to use their celebrity to earn money through marketing/advertising/endorsement deals. That's different than revenue sharing or direct bribes to athletes to come to a school. If the system stays as it currently is today, it's unsustainable.
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The problem comes in trying to define what's a payment just for attending a school and what's a payment for marketing/business purposes. Which actually comes after you answer who gets to decide who answers that question for each athlete/deal.

If Lazlo's pay Raiola $50k and all they do is put it in a marketing piece "We pay DR and he supports us!!!" or "DR eats here", is that a reasonable marketing expense. If they pay him $1M, is that?

I don't know the answer and I don't know who gets to decide that either.

What you're discussing really only makes sense on paper because it's nearly impossible to tell a company that what they're doing is an unreasonable way to spend their money and thus isn't allowed in this situation. Oh, but you can spend that amount of money paying a random UNL kid or a random 18 year old off the street...you just can't pay it to this 18 year old.

I don't really like it either, but that's where we are.
 
NU_Alum said:
I don't really agree that the kids were getting screwed, at least on their bargain with the school. They got free housing, food, training/medical, an education, and tutors. Without a scholarship, many of these kids don't go to school and have to pay for everything I just mentioned themselves.

The problem is that everyone jumped on the "other people are making money!" bandwagon and thought "this isn't fair!". As if fair has anything to do with life. No one was forcing the kids to play a sport.

I wasn't a fan at all of the restrictions on jobs though and NIL. Those were anti-capitalist and while well meaning (to stop buying players from occurring and ironically led to where we are now). However, the rules were archaic and frankly arbitrary. Had the NCAA got together and figured out jobs/NIL these current changes wouldn't have happened.

The clearinghouse is one of those ideas that looks good on paper. It's going to be a disaster and another restraint on free trade.
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footballscoop.com

New NIL clearinghouse to back off on limiting collective pay to athletes

Attorneys representing the plaintiffs in the House settlement and attorneys for the power conferences have reached an agreement that will, in effect, lead the College Sports Commis
footballscoop.com footballscoop.com

Like I've been saying, no chance it prevailed.
 
NU_Alum said:


There was no way the whole legitimate business purpose/clearinghouse thing was going to pass muster.
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sports.yahoo.com

18 Nebraska football players challenging CSC over rejection of third-party NIL deals worth over $1 million

The Nebraska case stands as a potential precedent-setting event for an industry adjusting to this new system ran by the College Sports Commission.
sports.yahoo.com sports.yahoo.com

Again, the CSC was never going to be legal, IMO. I don't think it was even a good try, but the NCAA is holding on for its life!
 
The players are challenging the denial within the CSC/House system— so, so far the system is working. 21,000 submissions approved at over $166M, and 700 denied at $20+M. But no doubt it needs revision.
 
weaver75 said:
The players are challenging the denial within the CSC/House system— so, so far the system is working. 21,000 submissions approved at over $166M, and 700 denied at $20+M. But no doubt it needs revision.
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It will be interesting to see how Nebraska state law protesting players NIL deals will come into play.
 
weaver75 said:
The players are challenging the denial within the CSC/House system— so, so far the system is working. 21,000 submissions approved at over $166M, and 700 denied at $20+M. But no doubt it needs revision.
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And when the players win, everyone denied will follow suit. It isn't a sustainable system, legally.
 
NU_Alum said:
And when the players win, everyone denied will follow suit. It isn't a sustainable system, legally.
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in January and February, 187 deals worth $14.36 million were rejected. It appears these are the only ones in arbitration. There were 10 in arbitration prior to January, all withdrawn.

The likely scenario is everyone else found another work-around.
 
RedRum said:
in January and February, 187 deals worth $14.36 million were rejected. It appears these are the only ones in arbitration. There were 10 in arbitration prior to January, all withdrawn.

The likely scenario is everyone else found another work-around.
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We're just the first. Lots more schools will be in the same position, wait a few months and this will be much bigger.
 
NU_Alum said:
We're just the first. Lots more schools will be in the same position, wait a few months and this will be much bigger.
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Do you think the other 187 just accepted to turn away over $14 million, or do you think they found another way to get paid?

If I had to speculate, teams were using this structure as a temporary way to get players signed and then used the time to connect to real sponsors and turn them into legit deals. The fact that it is just our guys going to arbitration and then threatening to sue if they lose is a bit worrisome. Then tie that to the violations we received and you wonder if we or whoever we are partnering with know what they are doing.
 
RedRum said:
Do you think the other 187 just accepted to turn away over $14 million, or do you think they found another way to get paid?

If I had to speculate, teams were using this structure as a temporary way to get players signed and then used the time to connect to real sponsors and turn them into legit deals. The fact that it is just our guys going to arbitration and then threatening to sue if they lose is a bit worrisome. Then tie that to the violations we received and you wonder if we or whoever we are partnering with know what they are doing.
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Other schools will soon be suing.

I'm not sure how the structure worked, but I'm confident we have good counsel that reviewed everything and said "go forth".
 
NU_Alum said:
Other schools will soon be suing.

I'm not sure how the structure worked, but I'm confident we have good counsel that reviewed everything and said "go forth".
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What do you mean by "we have good council?"

The University isn't involved. These are deals outside of our payments and are suppose to be directly between the players and the vendor. However, Payfly was brought in to sign deals with players without any tangible connection to actual NIL. Just a bet that there would be in the future.
 
RedRum said:
What do you mean by "we have good council?"

The University isn't involved. These are deals outside of our payments and are suppose to be directly between the players and the vendor. However, Payfly was brought in to sign deals with players without any tangible connection to actual NIL. Just a bet that there would be in the future.
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For sure the University had attorneys reviewing and advising the students.
 
johnrr6 said:
And here we go…. I just saw this on ESPN five minutes ago. Doesn’t say anything about roster limits, except the judge would not agree to them….

Also says there is a new commission that will regulate and control NIL….(we shall see)

Also has cap limits, but yet says the schools do not want the players to become employees.

The whole agreement needs to be dissected because although there is a $20.5 million cap that increases yearly per school….. There is no mention of how that money can be divided at a school…

Is it an equal amount to all players on a team or is it simply bonus money for the best players?

A lot to sort out….

www.espn.com

Judge OK's $2.8B settlement, paving way for colleges to pay athletes

Schools are now free to begin paying their athletes directly, marking the dawn of a new era in college sports brought about by a multibillion-dollar legal settlement that was formally approved Friday.
www.espn.com www.espn.com
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What has happened here is those with athlete envy from schools are getting even. What those guys are doing is killing college sports in spite.
 
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NU_Alum said:
For sure the University had attorneys reviewing and advising the students.
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They would be the worst attorneys if they did. It's pretty clear the provision that caused the rejection.


Screenshot_20260312-184202.png


And as far as University attorney's getting involved, that would be pretty stupid
 

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