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Certain NIL loophole should be illegal, says Power 5 commissioners
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Power 5 commissioners are begging the U.S. Congress to act on something that is happening in college football with NIL. They have even written a letter to 2 senators about it per Sports Illustrated’s Ross Dellenger.
The letter was addressed Senators Tommy Tuberville (R-Alabama) and Joe Manchin (D-WV). Boosters are apparently using payments inaccurately labeled as NIL in order to convince recruits to come to their schools. Commissioners from around the country are wanting to make this action illegal.
The monetization of student-athletes is still in its early stages. If what the commissioners say is true, it could go a long way in beginning regulation talks for NIL. This could explain why certain athletes have started to favor specific schools since the start of NIL deals.
It will be interesting to see how the commissioners define what other actions are similar to this, and what else could be deemed illegal in the current NIL landscape of college football.
This could also explain why there has been a recruiting boom at some universities around the country. We’ll see what else comes out of this.
In a letter to Sens. Tommy Tuberville & Joe Manchin, the Power 5 commissioners say boosters are inducing athletes with “payments inaccurately labeled as NIL.” They are encouraging Congress to make such actions illegal, per the letter obtained by @SINow.https://t.co/bXC7snlvm1
— Ross Dellenger (@RossDellenger) August 31, 2022
Grant Bricker covers the B1G for Saturday Tradition. His previous stops include the Williamson Homepage and Nashville Post.