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Author Topic: NIL Question  (Read 608 times)
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murfvol
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« on: October 08, 2024, 03:59:31 EDT »

Does anyone know how NIL contracts are generally structured? Are they for a year, a semester, or what?
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PirateVOL
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« Reply #1 on: October 08, 2024, 04:32:08 EDT »

Does anyone know how NIL contracts are generally structured? Are they for a year, a semester, or what?
They vary, but most likely for a year
VC is very strict on the structure on the contracts
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All men dream: but not equally.
Those who Dream by night in the dusty recesses of their minds
Wake in the day to find that it was vanity; but the
Dreamers of the day are dangerous men, for they
May act their dream with open eyes, to make it Possible.
This I did.
—T. E. Lawrence,
The Seven Pillars of Wisdom
_________________________________________________________________________________________________
"If you find yourself in a fair fight, you didn't plan your mission properly." - David Hackworth

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murfvol
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« Reply #2 on: October 09, 2024, 01:43:48 EDT »

Much appreciated. It will be interesting to see if contracts come with weekly provisions when players become employees.
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PirateVOL
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« Reply #3 on: October 09, 2024, 02:20:19 EDT »

Much appreciated. It will be interesting to see if contracts come with weekly provisions when players become employees.
The contract specific activities and timing of those activities
Right after I joined the founders hosted a zoom where these specific questions were addressed
They were ahead of others (see Florida) and others for example) and in my view set the standards being followed by the industry
If a player fails to fulfill their obligations, say not participating in a required activity, for example a former SDE moves to 3 other schools and can?t attend, then the athlete is in breech.  I suspect that in such cases the collective and the player representative(s) get together to terminate the contract but that is something you rarely hear about in all the crap that passes for ?reporting? concerning NIL and collectives.

They avoid any hint of pay for play, that is a nono.
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All men dream: but not equally.
Those who Dream by night in the dusty recesses of their minds
Wake in the day to find that it was vanity; but the
Dreamers of the day are dangerous men, for they
May act their dream with open eyes, to make it Possible.
This I did.
—T. E. Lawrence,
The Seven Pillars of Wisdom
_________________________________________________________________________________________________
"If you find yourself in a fair fight, you didn't plan your mission properly." - David Hackworth

"Be polite, be professional, but have a plan to kill everybody you meet"
General James "Mad Dog" Mattis
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