My crib of someone else's summary:
Current student-athletes are permitted to enter into NIL agreements with boosters meeting the following conditions:
The booster has no authority over intercollegiate athletics Compensation is tied only to NIL activities Compensation is not provided in exchange for athletic participation or achievement Compensation is not provided as an inducement for or contingent upon enrollment The compensation rate is commensurate with the fair market value of the goods, services, or money exchanged To the best of their ability, the student-athlete discloses to the the School's Compliance Office that the agreement involving a Booster.
The surprise to me is that the policy does not seem to apply to recruits, where you would think the money would matter most to boosters. Expect a lot of handshake deals.
Let the fun begin...
Current student-athletes are permitted to enter into NIL agreements with boosters meeting the following conditions:
The surprise to me is that the policy does not seem to apply to recruits, where you would think the money would matter most to boosters. Expect a lot of handshake deals.
Let the fun begin...