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I don't think this is an issue for existing players on the team - the issue is for recruits. Miami can't (nor any other school) offer those services to players who are not yet students of the school.

Worse is that in some cases that athlete could owe the collective money even if they don't get NIL from anyone else. There are some parallels here to the groups who will give minor league baseball players money upfront and support them while they (generally) make no money in the minors and in...

Yep - this is what that $8M contract basically did; it didnt say the kid had to go to Tenn (the presumed location), but that they owned ALL of his future NIL and that he would need to show up to events that were near the school this was intended to get the kid to go to. They can make those...

Enforcing it from an NCAA perspective would likely be difficult unless the contract was public and even then I think it would be realistically difficult as who is going to monitor it, but if one of the the parties decided the other wasn't living up to their end of the bargain then they can take...