So, the House settlement has been approved. What will UW do in this new environment?
It doesn't much change the NIL world, though it tries. It sets up some sort of system where non-trivial NIL deals have to be approved by folks who get to decide if those deal are at FMV. It's hard to imagine that will survive legal challenges.
Anyway, UW doesn't seem to have a major NIL collective, so that should be irrelevant. (I may be wrong about that, so anyone can correct me.)
It will allow schools to do pay athletes with up to $20mm/yr of "revenue sharing." I wonder what the University will do. And I wonder what the legislature -- that stronghold of calm and rational thought -- will let the University do.
It doesn't much change the NIL world, though it tries. It sets up some sort of system where non-trivial NIL deals have to be approved by folks who get to decide if those deal are at FMV. It's hard to imagine that will survive legal challenges.
Anyway, UW doesn't seem to have a major NIL collective, so that should be irrelevant. (I may be wrong about that, so anyone can correct me.)
It will allow schools to do pay athletes with up to $20mm/yr of "revenue sharing." I wonder what the University will do. And I wonder what the legislature -- that stronghold of calm and rational thought -- will let the University do.