Does anyone have insight into how these NIL deals are structured?

[37620VOL]

The Boo and Nico matters are bringing this question to mind. How are collectives and similar entities protecting themselves in these deals? Are they paid out over time, similar to a construction contract? Are there clawback provisions for front-loaded deals? How are deals structured so that a player has to stay at a certain school to get paid?

 

[Adam2014]

The Boo and Nico matters are bringing this question to mind. How are collectives and similar entities protecting themselves in these deals? Are they paid out over time, similar to a construction contract? Are there clawback provisions for front-loaded deals? How are deals structured so that a player has to stay at a certain school to get paid?

While I am sure there is some structure, it is obviously not enough to get these kids to stay. Also, I think there is a question of whether it is "legal" to structure deals to prevent payment. I haven't heard much about this lately, but Arkansas was suing Nico's brother for leaving and going to UCLA.

 

[WillisWG]

Old

https://www.nixonpeabody.com/insights/articles/2024/09/13/deal-structure-options-for-nil-collectives

https://www.bodmanlaw.com/wp-content/uploads/2021/10/Contract_Basics_for_Every_Student-Athlete_NIL_Deal.pdf

New

Student-Athlete NIL Deals

This website lays out the new system in place, overseen by the College Sports Commission.

www.collegesportscommission.org