Is signing a LOI the only avenue to attend a D1 school on a full sports scholarship? Obviously if you're a lower tiered athlete you want to lock in your deal, but what if you're a 5 star guy that multiple schools would hold a scholarship for?
Pretty sure the NLOI is the contract you sign when you accept the scholarship. In effect, it is the scholarship. No NLOI and you don't get the scholarship.
There was a player last year or the year before that wouldn't sign the NLOI. The thing is that while it locks the player into the school it also locks the school to the player I believe so the school cannot decide to just not honor the scholarship. From the site referenced below:
Am I required to sign an NLI?
No. You are not required to sign an NLI but many prospective student-athletes sign because they want to create certainty in the recruiting process. Specifically, by signing an NLI, you agree to attend the institution for one year in exchange for the institution's promise, in writing, to provide you athletics financial aid for the entire academic year. Simply, by signing an NLI you are given an award including athletics aid for the upcoming academic year provided you are admitted to the institution and you are eligible for athletics aid under NCAA rules. Furthermore, by signing an NLI you effectively end the recruiting process. Once you sign an NLI, a recruiting ban goes into effect and you may no longer be recruited by any other NLI school.
When I sign an NLI what do I agree to do?
When you sign an NLI, you agree to attend the institution listed on the NLI for one academic year in exchange for that institution awarding athletics financial aid for one academic year.
NLI Frequently Asked Questions