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NIL Executive Order

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MikeCane18 said:
So essentially collectives are done?
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No.

"The executive order prohibits third-party, pay-for-play payments but “does not apply to legitimate, fair-market-value compensation that a third party provides to an athlete, such as for a brand endorsement,” according to the White House’s release. It is unknown what entity will have the authority to enforce the prohibition of third-party, pay-for-play payments included in Trump’s executive order."

Pay for play has always been illegal, so I'm not sure what this bill does any differently than what guidelines are already in place. Just creating more red tape for red tape's sake.
 
JamesQuall said:
No.

"The executive order prohibits third-party, pay-for-play payments but “does not apply to legitimate, fair-market-value compensation that a third party provides to an athlete, such as for a brand endorsement,” according to the White House’s release. It is unknown what entity will have the authority to enforce the prohibition of third-party, pay-for-play payments included in Trump’s executive order."

Pay for play has always been illegal, so I'm not sure what this bill does any differently than what guidelines are already in place. Just creating more red tape for red tape's sake.
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Yea, they don't try to define "brand endorsement" at all. Maybe they will narrow that down later. So it's a toilet paper EO.
 
MikeCane18 said:
Yea, they don't try to define "brand endorsement" at all. Maybe they will narrow that down later. So it's a toilet paper EO.
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MikeCane18 said:
So essentially collectives are done?
Click to expand...
No, the EO said that third party, pay-for-play is “improper and should not be permitted by universities” but noted that “this policy does not apply to compensation provided to an athlete for the fair market value that the athlete provides to a third party, such as for a brand endorsement.

I summarized the EO in the other thread here:

caneingville

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ithacane said:
This is supposed to reduce NIL to players or what’s it about? I’m too lazy to read
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The EO said a bunch of stuff about why college sports are important, made a big deal about women’s and nonrev sports not getting lost, importance of Olympics, and then provided:

- Breakdown (based on AD 24-25 revenue) for preserving women’s/nonrev roster spots and scholarships
- Revenue-sharing between universities and student-athletes should be done in a manner that preserves or expands women’s/nonrev sports
- Third party, pay-for-play is “improper and should not be permitted by universities”...
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