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NCAA Is Going To Make NIL Into An Even Bigger Mess | Why Jim Phillips Has No Choice But To FIGHT

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Manage episode 431254938 series 2885575
Content provided by Locked On Podcast Network, Candace Cooper, and Kenton Gibbs. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Locked On Podcast Network, Candace Cooper, and Kenton Gibbs or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

Court filings for the monumental House vs. NCAA antitrust settlement reveal some potentially troubling provisions. As sports attorney Darren Heitner noted, the settlement “allows the NCAA to subjectively decide if an NIL payment is for a valid business purpose and if it constitutes fair market value.” The NCAA will also have the power to determine which donors constitute as a booster and which don’t. If provisions like these are ratified with the settlement, it could open up new cans of worms when it comes to the chaotic NIL landscape.

Hosts Alex Donno and Kenton Gibbs break down these details of the settlement and note that it could take up to several more months before the settlement is fully approved. The NCAA listed a handful of unresolved issues on their website. The guys discuss a mailbag from The Athletic where Stewart Mandel explains why ACC Commissioner Jim Phillips has no choice but to “fight” for as long as it takes in court against Florida State and Clemson. But did the commissioner exaggerate when he said you won’t find a more exciting collection of teams than in the ACC?

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806 episodes

Artwork
iconShare
 
Manage episode 431254938 series 2885575
Content provided by Locked On Podcast Network, Candace Cooper, and Kenton Gibbs. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Locked On Podcast Network, Candace Cooper, and Kenton Gibbs or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

Court filings for the monumental House vs. NCAA antitrust settlement reveal some potentially troubling provisions. As sports attorney Darren Heitner noted, the settlement “allows the NCAA to subjectively decide if an NIL payment is for a valid business purpose and if it constitutes fair market value.” The NCAA will also have the power to determine which donors constitute as a booster and which don’t. If provisions like these are ratified with the settlement, it could open up new cans of worms when it comes to the chaotic NIL landscape.

Hosts Alex Donno and Kenton Gibbs break down these details of the settlement and note that it could take up to several more months before the settlement is fully approved. The NCAA listed a handful of unresolved issues on their website. The guys discuss a mailbag from The Athletic where Stewart Mandel explains why ACC Commissioner Jim Phillips has no choice but to “fight” for as long as it takes in court against Florida State and Clemson. But did the commissioner exaggerate when he said you won’t find a more exciting collection of teams than in the ACC?

Support Us By Supporting Our Sponsors!

Gametime
Download the Gametime app, create an account, and use code LOCKEDONCOLLEGE for $20 off your first purchase. Terms apply.

Factor Meals
Head to Factormeals.com/lockedoncollege50 and use code lockedoncollege50 to get 50% off your first box PLUS 20% off your next month while your subscription is active!

eBay Motors

From brakes to exhaust kits and beyond, eBay Motors has over 122 million parts to keep your ride-or-die alive. With all the parts you need at the prices you want, it’s easy to bring home that big win. Keep your ride-or-die alive at EbayMotors.com. Eligible items only. Exclusions apply. eBay Guaranteed Fit only available to US customers.

FanDuel
FanDuel, America’s Number One Sportsbook. As playoffs wind down, the sports stop sporting like we want them to. But this summer, FanDuel is hooking up ALL CUSTOMERS with a boost or a bonus, DAILY! That’s right, there’s something for everyone, every day, all summer long! Visit FANDUEL.COM and add a big win to your summer bucket list!

FANDUEL DISCLAIMER: 21+ in select states. First online real money wager only. Bonus issued as nonwithdrawable free bets that expires in 14 days. Restrictions apply. See terms at sportsbook.fanduel.com. Gambling Problem? Call 1-800-GAMBLER or visit

FanDuel.com/RG

(CO, IA, MD, MI, NJ, PA, IL, VA, WV), 1-800-NEXT-STEP or text NEXTSTEP to 53342 (AZ), 1-888-789-7777 or visit

ccpg.org/chat

(CT), 1-800-9-WITH-IT (IN), 1-800-522-4700 (WY, KS) or visit

ksgamblinghelp.com

(KS), 1-877-770-STOP (LA), 1-877-8-HOPENY or text HOPENY (467369) (NY), TN REDLINE 1-800-889-9789 (TN)

  continue reading

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