VolInDayton
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I don't the SEC is a school. I've never heard of anyone getting a degree there.The conference is the schools.
Why doesn't UT just create an entity or LLC called "The Cumberland Ave Group" and fund it, then use it to fund NILs? They can't.
The schools created the conference and can't use it to fund NILs either.
I'm not saying NILs aren't a mess. I'm just saying we can't use the school's (who eventually get the SEC money) TV revenue to fund an NIL.
Power 5 conferences are independent organizations that have their own headquarters and pay taxes.