We use the letters NIL without really considering how an individual’s name, image, and likeness is profitable. That sounds more like an employee (or at least an independent contractor).
They are independent contractors for the NIL. They get 1099's from the cooperatives and are not w-2 wage earners. At this point in time, they are a student athlete and that is their only legal relationship with the university.We use the letters NIL without really considering how an individual’s name, image, and likeness is profitable. That sounds more like an employee (or at least an independent contractor).
As I was reading this thread, the independent contractor theme kept going through my mind. Think of the athlete as providing a service (athletic competition) similar to a lawn care company providing mowing and snow removal. We determine a value of that service based on the competitive landscape and sign a contract for the upcoming year to provide that service. At the end of that term, we again negotiate an agreeable amount to provide the next years required service. Sometimes the contractor will not perform to expectation and will be replaced or the contractor will determine they no longer want to provide that service for the price offered. This compares to an athlete getting recruited over or choosing to enter the transfer portal. This would be much cleaner than designating athletes as employees. If they become employees, it would also open the door for unions, agents, and attorneys to come in and grab their share of the money pot all in the name of "helping".We use the letters NIL without really considering how an individual’s name, image, and likeness is profitable. That sounds more like an employee (or at least an independent contractor).
They are independent contractors for the NIL. They get 1099's from the cooperatives and are not w-2 wage earners. At this point in time, they are a student athlete and that is their only legal relationship with the university.
You are correct.Independent contractor has a legal definition. We’ll see if they fit that.
As I was reading this thread, the independent contractor theme kept going through my mind. Think of the athlete as providing a service (athletic competition) similar to a lawn care company providing mowing and snow removal. We determine a value of that service based on the competitive landscape and sign a contract for the upcoming year to provide that service. At the end of that term, we again negotiate an agreeable amount to provide the next years required service. Sometimes the contractor will not perform to expectation and will be replaced or the contractor will determine they no longer want to provide that service for the price offered. This compares to an athlete getting recruited over or choosing to enter the transfer portal. This would be much cleaner than designating athletes as employees. If they become employees, it would also open the door for unions, agents, and attorneys to come in and grab their share of the money pot all in the name of "helping".
What NIL did was stop restricting an athletes ability to make money. The major winner was allowing athletes to profit off their social media accounts and secure brand deals.We use the letters NIL without really considering how an individual’s name, image, and likeness is profitable. That sounds more like an employee (or at least an independent contractor).
Right. NIL has very little to do with “name, image and likeness” and it was apparent before it was approved that it was primarily going to be a way for rich donors to funnel cash directly to players under a legal guise. Miami is the best example, where mega donor John Ortiz is handing out big contracts to players. No one in Miami’s fanbase ever heard of Nigel Pack until Ortiz signed him to a 2 year, $800,000 deal.We use the letters NIL without really considering how an individual’s name, image, and likeness is profitable. That sounds more like an employee (or at least an independent contractor).
Lane whinning about NIL when he has chased the money his entire life is f’ing hilarious.I guess out of all of this is the one thing I don’t want to hear is Lane Kiffin and other SEC coaches whining about how NIL and money in general is destroying college athletics. Whether it is or isn’t I don’t exactly want to hear the people benefiting the most from the system talk about it.