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Elimination of National Letter of Intent
- Thread starter 64NIT
- Start date
It will be interesting to see if colleges and players abide by these:
"new financial aid agreements that will provide many of the same core functions as the NLI and will likely be tied to a contract related to an impending revenue-sharing model across college athletics."
Now that NIL money is the driving factor in recruiting, I expect we'll see bigger schools doing more poaching of incoming recruits from other schools. It's already happening with massive movement of established players via the transfer portal.
"new financial aid agreements that will provide many of the same core functions as the NLI and will likely be tied to a contract related to an impending revenue-sharing model across college athletics."
Now that NIL money is the driving factor in recruiting, I expect we'll see bigger schools doing more poaching of incoming recruits from other schools. It's already happening with massive movement of established players via the transfer portal.
bradleyfan124
Well-known member
It will be interesting how all this unfolds. I am thinking this may be more binding than the Letter of Intent. This is headed toward Contract Law. Non compete clauses are similar. Tougher to get out of once it is signed
yup, another ploy that favors the big boys, now they can steal kids that are fully committed to a mid-major, right up
until the kid actually enrolls and starts benefitting from scholarship aid...and there's no penalty at all.
At least with the LOI, the kid could lose his scholarship is he bolts after he signs.
until the kid actually enrolls and starts benefitting from scholarship aid...and there's no penalty at all.
At least with the LOI, the kid could lose his scholarship is he bolts after he signs.
Does anyone think that this progression of paying athletes in colleges could lead to the removal of nonprofit status of those universities? If not all of the university properties, but all the athletic facilities, including housing, transportation, etc. Why should the public taxpayers support this, if it is primarily for entertainment and the sports employees.
Yes, and this should apply mainly to public universities. For many public schools, their athletic facilities, operational costs, athletic scholarships, employee salaries, and most other expenses are paid in full or in part by taxpayers. If the universities get involved now with NIL payments, or other paymens direct to the athletes, there isn't any reason taxpayers (most of whom aren't supporters of the athletic programs) should be paying for any of it.