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NIL: How Does it Work? (Plus transfer rules)



It appears as though Texas Tech has to pay Cincinnati a $1M buyout. Kind of like coach contracts, but this seems to be that Cincinnati had multi-year rights to the promotional use of Sorsby's name, image and likeness. TTU has to pay the buyout to get those rights transferred. I expect that this is going to be the norm in NIL agreements going forward.
 
Is this where we’re discussing Demond Williams withdrawing from the portal after Washington threatened him with a breach of contract lawsuit?

I think we might see more of this. I think there’s going to be blowback.

The solution might be multi year contracts.
 
Alfred91 said:
Is this where we’re discussing Demond Williams withdrawing from the portal after Washington threatened him with a breach of contract lawsuit?

I think we might see more of this. I think there’s going to be blowback.

The solution might be multi year contracts.
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It was mostly in the CFB news pinned thread but this one fits too
 
Alfred91 said:
Is this where we’re discussing Demond Williams withdrawing from the portal after Washington threatened him with a breach of contract lawsuit?

I think we might see more of this. I think there’s going to be blowback.

The solution might be multi year contracts.
Click to expand...
The solution for schools is multi-year deals. If I’m an advisor to a player, I am never letting them sign anything beyond a one year deal.
 
manhattanbuff said:
The solution for schools is multi-year deals. If I’m an advisor to a player, I am never letting them sign anything beyond a one year deal.
Click to expand...

Eh - I dunno - for those few kids who can jump from UTSA to WSU to Miami, one year deals are a great idea. For those 5 stars who never pan out, that 4 year $40 million deal from Texas is a good deal.

How many guys go upward as opposed to downward?

I think if you’re the advisor, you go case by case depending on the deals the kid is being offered.
 
Alfred91 said:
Eh - I dunno - for those few kids who can jump from UTSA to WSU to Miami, one year deals are a great idea. For those 5 stars who never pan out, that 4 year $40 million deal from Texas is a good deal.

How many guys go upward as opposed to downward?

I think if you’re the advisor, you go case by case depending on the deals the kid is being offered.
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There’s only been one person who has gotten the deal you described. He is a Manning. Those deals are reserved for such a small % that it’s negligible.

Everyone else is signing away far too much leverage and severely impeding their ability to move. Guys routinely start off high, go lower, and even lower again before maturing and showing what they can do. Then they make the climb again.
 
manhattanbuff said:
There’s only been one person who has gotten the deal you described. He is a Manning. Those deals are reserved for such a small % that it’s negligible.

Everyone else is signing away far too much leverage and severely impeding their ability to move. Guys routinely start off high, go lower, and even lower again before maturing and showing what they can do. Then they make the climb again.
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I think Bryce Underwood got something similar, but yeah it's a vanishingly small number of dudes getting big multi year deals
 
manhattanbuff said:
The solution for schools is multi-year deals. If I’m an advisor to a player, I am never letting them sign anything beyond a one year deal.
Click to expand...
It's tough. There's a lot more security for the player with a multi-year deal. As long as there's an "out" if the coach is fired, I'd be ok with a multi-year. The thing I would absolutely veto would be a deal that includes language that a lot of schools are sneaking in and telling the player is "boiler plate, nothing to worry about" - it's a clause that says the school can terminate at any time without cause and that this would immediately cease any remaining NIL payments.
 
Buffnik said:
It's tough. There's a lot more security for the player with a multi-year deal. As long as there's an "out" if the coach is fired, I'd be ok with a multi-year. The thing I would absolutely veto would be a deal that includes language that a lot of schools are sneaking in and telling the player is "boiler plate, nothing to worry about" - it's a clause that says the school can terminate at any time without cause and that this would immediately cease any remaining NIL payments.
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Yeah, that clause goes both ways or no way.
 
skibum said:
Yeah, that clause goes both ways or no way.
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I wouldn't even accept it as a 2-way. The calendar works in the school's favor. What if you tear an ACL in fall camp and they decide that it's not worth paying you for the season and keeping you around for next year?
 
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Nice. So it’s just big 12 schools that didn’t have their **** together on these contracts
 
skibum said:
I mean, it is the conference that our own master contract writer RG wanted to join.
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Randy Savage Yes GIF by WWE
 
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