This is from another board, but is the best explanation I've found. My question is can players sign deals on a personal basis too? Will the clearinghouse deals be public?
This is my understanding, but someone here may have more knowledge (or feel free to correct me).
The NIL settlement will implement an annual cap that schools can distribute money to its athletes (i’ve read 20.8 million as the cap or a certain % of its athletics revenue). So, schools will have to decide where to allocate those resources. Additionally, former athletes in the non-NIL era will be paid from their “missed opportunities,” resulting in the NCAA having to pay them over a 10-yr period.
But with an annual cap, most schools will enact a revenue share model. This means that each sport receives a percentage of the 20.8M annual cap for its athletes. The stereotypical cap is:
75% for football, 15% for men’s bb, 5% for women’s bb and 5% spread out across all other sports.
I believe; however, that the schools will decide what percentage each sport gets.
How it affects softball (this one i’m not 100% sure on): but if softball were to receive a measly 1% of the annual cap, that would be $208,000. Well, that is 1/4 of what Nija received at Texas Tech. So if these players were to flock to Tech for NIL money and the settlement passes like its expected too, I could see it creating a lot of upset with these transfers wanting more money.
Power 4 conferences have something called Alston money which is roughly 7000 dollars a year which is going away due to this settlement. If softball receives 1% split between 25 girls it’s barely more than that, if a team chose to split it evenly. If scholarships increase to full rides then there will be additional cost of living money paid to the athlete which also would essentially replace the Alston money. This presumes a fully funded program which many schools will choose not to do. It’s my analysis this will be either a wash or a slight gain in the amount of money each softball athlete receives. However should a power 4 program choose not to fund their program fully and not divide their revenue share equally an athlete could see a decrease in funds due to loss of the Alston.
Re: NIL Legal Settlement
Posted by Dolla dolla bills, y’all! on June 7, 2025, 10:33 am, in reply to "NIL Legal Settlement"
The new College Sports Commission is not required to report out on individual deals. Starting today, athletes are supposed to report deals to their school within 30 days of signing, and then the schools report the information to the Commission at least twice a year.
I saw an X post today saying something like, “Does this mean we won’t see another $1MM deal?” (Cannady).
Deloitte is going to review all deals to make sure there are at a suitable market rate. But the market exists - it’s $1MM for a great pitcher!
This is going to continue to be a mess, and I don’t expect House to stand for long, at least in its current format. It’s a restriction on trade. These holier than thou campus administrators should just call it what it is - employment!
