Needs to be an NIL Regulatory Office

[Utah#1]

I think some kind of regulatory office needs to be established immediately to regulate the NIL system in college sports. Question is, who would oversee that office and provide enforcement? I don’t know, but I wouldn’t let the government do it. The NIL system is currently out of control and destroying college sports. Here some things off the top of my head I think a regulatory office must establish and enforce:

1. Establish a legal binding contract/agreement between student athlete and school
2. NIL money is not paid to athlete until season begins
3. NIL is paid over a period of time, not one lump sum
4. School breaches any part of contract, student athlete can seek legal action
5. Student athlete breaches any part of contract, school can seek legal action
6. If another school wants a student athlete that is committed to another school, the incoming school will have to pay an exit fee to the outgoing school for the outgoing school to release the student athlete. In order for the incoming school to ensure the student athlete will remain committed to their school, the student athlete would be required to sign a legal agreement prior to being released from the outgoing school to ensure that the student athlete remains committed to their school and doesn’t go to another school

These are just a few things that come to mind since I’ve kinda followed the whole NIL issue. If they asked me for my two cents, I would do a way with the NIL system all together and figure another way to compensate student athletes.
I would also strip power and control away from the major sports networks allowing them only to televise sporting events, minus the revenue.

[EagleMountainUte]

Create a new NCAA? No thanks.

[AlohaUte]

Here’s what you all need to understand. Any attempt to regulate NIL or limit what players can get paid will be shot down by the courts unless agreed to by the players. Thus the only way what you want gets done, and I agree it should, is if the players are able to somehow collective bargain. They will need to essentially unionize and negotiate with the NCAA and conferences.

[Utah#1]

My point is to regulate the NIL from boosters and the fanbase getting screwed by student athletes who want to play wild wild west with the transfer portal. it is to prevent a player from collecting money from the NIL donors and then bolting to another school having not played a down in a game let alone attended the first spring or fall camps. For the legal system to shoot this down is giving power to these 18 year olds who shouldn’t have that much power to begin with.

All I am saying is if fans, football programs, and NIL donors are p**sed that some of these kids are essentially taking advantage of the system, using it to there advantage for financial gain and want it stopped, then there should be regulations or legal rules established to prevent this from happening.

[Author]

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