West Virginia needs to pass a similar law, or we will be left behind. I actually like Georgias version, as 75% of "taxed" and spread equally to all other players upon graduation.
The issue we need to prevent is some booster buying 10000 jerseys, shirts, etc with a certain players likeness as a back-channel way to recruit them. In essence, we need to prevent a form of money laundering / payoffs / bribing.
I think each player should be given a set max. This way no state/university/program/conference can use this in recruiting.
Each player can earn up to $50K per year from NIL, anything over that amount is put into a trust, which is then equally divided among other players. States will try to write better laws, to give their programs an advantage, which is why the NCAA must have authority over all state laws.
Companies like video game makers, should pay a annual license fee, per player basis. Lets say $1K per player, per year, all player NIL licence fees are then combined and paid out annually & equally among all scholarship players.
However its done, it needs to be insightful, fair to all players(not just skillset positions), and not allow any program/state/conference to have an advantage.
The issue we need to prevent is some booster buying 10000 jerseys, shirts, etc with a certain players likeness as a back-channel way to recruit them. In essence, we need to prevent a form of money laundering / payoffs / bribing.
I think each player should be given a set max. This way no state/university/program/conference can use this in recruiting.
Each player can earn up to $50K per year from NIL, anything over that amount is put into a trust, which is then equally divided among other players. States will try to write better laws, to give their programs an advantage, which is why the NCAA must have authority over all state laws.
Companies like video game makers, should pay a annual license fee, per player basis. Lets say $1K per player, per year, all player NIL licence fees are then combined and paid out annually & equally among all scholarship players.
However its done, it needs to be insightful, fair to all players(not just skillset positions), and not allow any program/state/conference to have an advantage.