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NIL contract is between kid and third party, not the school

Posted on: July 24, 2022 at 22:19:18 CT
ScottsdaleTiger MU
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The parties to an NIL contract is the kid and the third party funding the deal. The school is not a party to it.

One would assume all the standard remedies in the law for breach of a personal service contract would apply.

Further, I would guess that very quickly remedies peculiar to the NIL situation would quickly become standard in NIL Agreements.

If memory serves, many states have rules that parties under twenty-one can walk from contracts.

I would guess that most disputes will be settled because the various parties won't want to wash their dirty linnen in the public eye, i.e. in trials.
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What happens when a player signs a BIG NIL but is a bust - tigertix MU - 7/24 16:40:36
     Swimsuit calender?(nm) - implode STL - 7/25 18:49:32
     Doesn't matter any more than a fry cook - Rabbit Test MU - 7/25 15:43:25
          hence, this is no longer college athletics (nm) - 90Tiger STL - 7/25 20:00:20
     RE: What happens when a player signs a BIG NIL but is a bust - MOCO SON MU - 7/25 14:36:54
     I don't think the businessmen that agree to NIL - Mizzou Guru SEMO - 7/25 13:33:08
          No..its potentially their lawyers they'd deal with.(nm) - GA Tiger MU - 7/25 14:21:37
     NCAA has lost total control over athletics - mu7176grad MU - 7/25 10:00:44
          Or purposely welcome that since they - GA Tiger MU - 7/25 14:23:14
     Without change, thats bound to happen.(nm) - GA Tiger MU - 7/25 07:33:51
     Probably like when a loan shark returns for the interest - sfprman MU - 7/24 23:57:56
          True - the game won't be free from the influence of gambling - RayKinsella1922 SEC - 7/25 14:22:42
     NIL contract is between kid and third party, not the school - ScottsdaleTiger MU - 7/24 22:19:18
          But the kid isn't walking and isn't returning investment - tigertix MU - 7/25 08:50:44
          Let's just take it a step further. The NIL third party is - MUTGR MU - 7/24 23:45:02
               Sideways? Try downhill. Way down.(nm) - GA Tiger MU - 7/25 07:35:38
          It will be hilarious to see litigation between a kid who - MUTGR MU - 7/24 23:16:13
               I doubt the kids will sue that hard - meatiger MU - 7/24 23:31:41
                    RE: I doubt the kids will sue that hard - MUTGR MU - 7/24 23:37:37
                         It is fairly rare in sports - meatiger MU - 7/24 23:42:32
                              Well, I thought about it, but in the pro-sports you have - MUTGR MU - 7/25 11:51:25
                                   I am talking about NIL like activities - meatiger MU - 7/25 14:06:00
     Business deals are business deals. The NFL is generally the - RayKinsella1922 SEC - 7/24 18:51:17
          I hope these kids have good agents - Mizzou Guru SEMO - 7/25 13:11:19
               the exploitation can't be any worse than it was under - RayKinsella1922 SEC - 7/25 13:39:36
          You didn't come close to following the post....wtf...nm - tigertix MU - 7/24 20:08:16
               Uh-huh.(nm) - RayKinsella1922 SEC - 7/24 20:31:12
     Renewable yearly NIL deal that's contingent on the player - bcoop199 KC - 7/24 17:49:58
          Right, a bust stays at the school instead of xfering...that - tigertix MU - 7/24 20:09:04
          That would not be a cancellation - meatiger MU - 7/24 18:45:05
     It’s called a contract - Cosmo MU - 7/24 17:07:34
          And you missed it...an NIL can't be based on performance - tigertix MU - 7/24 20:10:06
               RE: And you missed it...an NIL can't be based on performance - THEGROVE68 MU - 7/25 05:37:21
                    they might miss out on new contracts, but previously - MizzouAstro MU - 7/25 08:04:59
          Contempt(nm) - Genco98 MU - 7/24 18:02:25
     Not sure how a company can cancel - meatiger MU - 7/24 17:00:21
          It depends on the terms, but companies breach contracts - MUTGR MU - 7/24 23:51:43
          Why not. (nm) - tman MU - 7/24 18:01:05
               Well - meatiger MU - 7/24 18:43:59
                    You cant recruit a player on a pay for play - tman MU - 7/24 20:59:37
                         That is pay for performance - meatiger MU - 7/24 21:15:01
                              No it isnt. I did t say take the money back - tman MU - 7/24 21:39:36
                                   "I get all my money back" - meatiger MU - 7/24 22:42:16
                                        Unless they transfer. I said that as part of both post - tman MU - 7/25 08:19:31
                    I offer a kid a 1 year deal someone will offer 4 years then - tigertix MU - 7/24 20:11:03
                         Why would anyone offer them a 4 year deal?(nm) - meatiger MU - 7/24 20:19:27
                              Because they can spread out the money - tman MU - 7/25 08:54:39
                                   RE: Because they can spread out the money - tiger77 MU - 7/25 10:56:11




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