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Topic: If, not when. How much longer until the big money/helmets break?

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utee94

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Re: If, not when. How much longer until the big money/helmets break?
« Reply #42 on: January 12, 2022, 11:42:41 AM »
Quote from: MrNubbz on January 12, 2022, 11:39:14 AM
I dunno have to see the way things shake out.Are there Caps on NIL?Say like someone wants to sign 2-3 kids  instead of giving one kid 1 MIL the 3 get 333 K apiece.Just ruminating not looking any further into this steaming pile
No, no caps at all.  Just the Free Market doing whatever it will do.

Some states do have restrictions on exactly what can be promoted, though.  Like in Texas' statutes, there are provisions that they can't promote "dirty" things like sex toys or sex services.

But that doesn't affect the total amounts that can be paid, and in reality if the NIL is used just to funnel money to players without any real marketing/advertising attached to it, then it won't ever be an issue.
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betarhoalphadelta

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Re: If, not when. How much longer until the big money/helmets break?
« Reply #43 on: January 12, 2022, 11:44:36 AM »
Quote from: MrNubbz on January 12, 2022, 11:39:14 AM
I dunno have to see the way things shake out.Are there Caps on NIL?Say like someone wants to sign 2-3 kids  instead of giving one kid 1 MIL the 3 get 333 K apiece.Just ruminating not looking any further into this steaming pile
There are no caps or regulation that I'm aware of on NIL.

Edit: correction... Some states that have legally approved NIL do have some of their own legal restrictions, i.e. you cannot accept NIL money from a gambling interest, etc... But there are no actual monetary caps. 
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utee94

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Re: If, not when. How much longer until the big money/helmets break?
« Reply #44 on: January 12, 2022, 11:47:07 AM »
Quote from: betarhoalphadelta on January 12, 2022, 11:44:36 AM
There are no caps or regulation that I'm aware of on NIL.

Edit: correction... Some states that have legally approved NIL do have some of their own legal restrictions, i.e. you cannot accept NIL money from a gambling interest, etc... But there are no actual monetary caps.
Yup, gambling promotion is off-limits in Texas, too.

Seems weird to me that these restrictions can be placed on student-athletes, when they're not placed on the general public.
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