NIL Question……..

[UTTUCK]

……how does NIL payments work?  Say you offer a kid $1M for a year.  Does he get it all upfront, half upfront and the other half at end of year, or in monthly or bi-weekly payments????

[901longhorn]

The student I know who receives NIL from another SEC school gets his monthly. 

[GoHorns1]

Monthly after they enroll 

[Jordan Scruggs]

Usually monthly but a few guys are now starting to get basically a signing bonus too. For example on a 200k contract, a player will get 80k upfront and 10k each month. He’ll get the 80k when he enrolls or resigns the next January etc. It’s usually a player by player basis though since all contracts/situations are different.

A fair amount of agents push for the signing bonuses so they can get their percentage upfront or 50% of their percentage upfront and the rest in 6 months. 

[Dawson Yarbrough]

What is the difference between NIL and Rev share?

[GoHorns1]

3 minutes ago, Dawson Yarbrough said:

What is the difference between NIL and Rev share?

I think Rev share is from the schools 

[Dawson Yarbrough]

27 minutes ago, GoHorns1 said:

I think Rev share is from the schools 

That’s what I thought. So they are signing rev share deals. I wonder if NIL is separate through 3rd party?