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?

[GoHorns1]

7 minutes ago, Dawson Yarbrough said:

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

Not sure but I think yes

[TTown]

Pretty sure it can be a combination of both Rev Share and 3rd party NIL. May be some guys getting only RS , others both. Texas only has 13.5 million in Rev Share for football. So easy to see 3rd party does a lot of business if our payroll is in the 30-40 million range. And those 3rd party deals as of now still have to clear the Clearinghouse etc. 

And yeah have read monthly pay. And as stated above some signing bonuses etc. Be fascinating one day to see how it is really done, how each school figures out their path. Texas One Fund seems very well ran , and dependable as well as compliant.