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Let's just take it a step further. The NIL third party is

Posted on: July 24, 2022 at 23:45:02 CT
MUTGR MU
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an organization set up to take funds from donors, presumably supporters of State U.

The NIL entity enters contracts with athletes on the basis of promises from the donors. Maybe they only do an NIL deal with cash up front from the donor. But what if to keep up, they get a pledge from a donor for so much each year? What if a donor hits hard times, changes their minds, gets sued by the SEC/IRS, whatever, etc.

I assume the donations funding the NIL contracts are themselves a matter of contract between the NIL entity and the donors.

There is a myriad of ways for this thing to go sideways.

It will be interesting to see.

Edited by MUTGR at 23:47:48 on 07/24/22
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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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