I agree and I have faith that our admin is doing everything it can but this feels like an overwhelming wave coming through politically. But like you said if there’s a way to stop this bill or to get in the P2 before/despite it I’m sure our admin will do everything it can to get us there.
Thanks for your help but what's a concrete example -- even if hypothetical -- of an NIL deal that would count toward the cap?Largely Yes and a little bit no. Deals like nick lennear, Malachi Toney and Amir sears’ with adidas won’t count against our cap. But obviously these are elite cases and special NIL deals.
multimedia rights companies’ NIL deals are subject to be counted against the cap; and the CSC will have the authority to decide what’s proper compensation and what’s cap circumvention by third parties.
Judge Wilken Affirms Magistrate's Ruling: MMRs and Third-Party Sponsors Remain Subject to CSC Oversight
On July 2, we reported on Magistrate Judge Nathanael M. Cousins' ruling that multimedia rights companies (MMRs) and third-party brand sponsors are notwww.nilrevolution.com
LSU’s football roster alone is just over the 48 million dollar cap which applies to all varsity athletes at lsu. Let’s say all the other non-football lsu athletes combined make 25 million dollars.
Lsu is subject, this year, to a 5 million dollar fine for being 25 million dollars over the cap. Moreover, their 2027-2028 cap would be reduced by the amount they are over in 2026-2027, so in turn even if they want to pay more & incur the luxury tax fine, it’s fool hearted because the fines will keep increasing and future budgets will keep being lowered.
The act is dead? Why do you say that?
The bill has significant bipartisan support unfortunately. Lots of Dems will be voting for it in the Senate. You can expect somewhere around 50 of them to support it in the House, possibly more.
The vast majority of them lol. Cannot know what percentage however the general consensus is that a supermajority of deals fall under what’s called ‘warehousing,’ (see below) more or less; and these associated marketing firms aren’t requiring the players to do too much heavy lifting.
because they know they have no shot at ever getting to the B1G or the SEC so they'd rather the B12 and ACC be protected as is rather than be picked apart and dissolve...
Getting anything meaningful done in a lame duck, especially with the expectations for how this election will go is virtually impossible. You’ll have members that don’t even come back to Washington if they’re voted out and if the CBC and Dem House leadership come out strong against this, their conference will fall in line and the vote margins for Republicans are already slim. You would also need the House, if it does find the votes to pass this, to pass it as is or else it goes back to the Senate for another vote and so on until both the House and Senate pass the exact same version. The lame duck will be too short to allow multiple rounds of voting on multiple versions and the House will almost certainly make some changes.
fingers crossed...need this for more than just college sports
I blows my mind how many people are like everything is fine when the plays are being made RIGHT IN FRONT OF THEM.. They are gonna fast break this bill with no amendments.. SMFH..
UNC is a big brand that would be picked up if they wanted to leave as would probably fsu/clemson in next expansion.