An interesting concept to combat NIL bidding

[Patrirish]

Create a trust, funded by NIL payments for the player, with the trust only releasing the money when the player graduates or declares for the NFL.

Jump to another school and you forfeit the money.

NIL, when combined with unrestricted transferring thanks to the TP rules, will create chaos and bidding wars on an annual basis.

The trust concept might just bring stability to a chaotic landscape

 

[jerbach]

I am thinking that NIL funding may help keep borderline NFL draft players another year in school and/or to graduate. Would Kevin Austin have rushed to the NFL draft if he had a hundred thousand or more dollars in NIL? Don't know, but interesting to think about.

 

[scubastevefl]

The NIL genie is never going back into the bottle. Things are going the other direction, players will be employees of colleges and universities, unions, players associations, contracts it’s going to be another professional league.

 

[Patrirish]

The NIL genie is never going back into the bottle. Things are going the other direction, players will be employees of colleges and universities, unions, players associations, contracts it’s going to be another professional league.

While I agree about the bottle, I don’t see scholarship athletes becoming employees of the college/university, especially at State schools

 

[Shakin' Down the Thunder]

Create a trust, funded by NIL payments for the player, with the trust only releasing the money when the player graduates or declares for the NFL.

Jump to another school and you forfeit the money.

NIL, when combined with unrestricted transferring thanks to the TP rules, will create chaos and bidding wars on an annual basis.

The trust concept might just bring stability to a chaotic landscape

I dont have a problem with that, but I'm skeptical if it'd work. Who would hold the money? Can we trust that the players wouldn't have access to the money sooner?

 

[4-4-3]

Create a trust, funded by NIL payments for the player, with the trust only releasing the money when the player graduates or declares for the NFL.

Jump to another school and you forfeit the money.

NIL, when combined with unrestricted transferring thanks to the TP rules, will create chaos and bidding wars on an annual basis.

The trust concept might just bring stability to a chaotic landscape

Interesting idea but how could you compel any of the parties to agree to it?

The players have the right to do what they wish with the money. Why would they agree to put it in a trust? Doesn't that completely VITIATE the whole concept of NIL?

And how could the universities be compelled to do it? It would clearly disadvantage the entire NIL/Portal talent acquisition RACKET. Look at how a second-tier program like Marshall just profited from the portal.

There are no laws QUALIFYING or RESTRICTING any part of this that I'm aware of. The players have a RIGHT to their dough, plain and simple.

What I think is coming is PROFESSIONALIZATION and PARITY. Just as in major leagues sports. And the winners in the end will be those programs DEDICATED to CONSISTENTLY PUMPING IN FRESSH MONEY.

The game has now been COMPLETELY MONETIZED, and those not committed to PARITY -- TRUMPABLE only by MONEY -- will FALL BY THE WAYSIDE.

And in this LAISSEZ-FAIRE, market-driven environment of ours, I don't see Congress interfering or getting in the way of "PRIVATE ENTERPRISE." Both parties take BIG (DARK) MONEY, and they won't be rocking any boats.

Besides, liberals will see what's happening as a SOCIAL JUSTICE WIN, while conservaties in conservative football states will feel that their WAY OF LIFE IS BEING VINDICATED.

The horse has LEFT THE BARN.

 

[NDblitz]

If I, as the grantor, create a trust for you, YOU can’t sue me because you don’t like the terms of the trust !

But it's already NOT being done that way and would be seen as a revocation.

 

[Patrirish]

I dont have a problem with that, but I'm skeptical if it'd work. Who would hold the money? Can we trust that the players wouldn't have access to the money sooner?

The trustee/s would hold the money.

You can guarantee that the players can’t have access to the money