For those following the House Settlement

[Bobby Burton]

This is the latest. Collectives are back in play.

https://sports.yahoo.com/college-football/breaking-news/article/house-attorneys-power-conferences-work-out-deal-to-relax-nil-collective-roadblocks-sources-213706035.html

[VeneHorn]

This is good news for Texas right?

[ImDirtydan01]

[Joe Zura]

Explain it like I’m 5 yes I act that way as well Bobby 

[Realist Horn]

So they have now eliminated one of the two checks and balances for school related entities -  (1) legitimate business purpose and (2) compensation range. 
 

a collective only need to establish a compensation range which Deloitte will some how formulate (and lose if challenged in court). So we’ll be back to unlimited payments from a collective in the next 6-months. 

[Rivalrygameblock]

Not ideal for their compliance teeth moving forward that the CSC blinked at the first hint of confrontation. 

[Lock n Horns]

What a fuster cluck 🐔!

[Jonesyfam7]

Oh baby!  We back up!  This opens the door again for us to have a much bigger payroll.

 

Trenton Henderson you are a Texas Longhorn!

[Robert Young]

LFG

[Tuco Ramirez]

So in other words, no one really knows what the rules will be in a few months so, for all intents and purposes, there are no rules even though the House settlement provided a basis for rules. 

[Lam Dinh]

It looks like CSS (governing body of NIL) just reversed course and will now allow NIL deals from booster-backed collectives — as long as they involve real activities like merch, autographs, or appearances.

This fixes a major issue where valid deals were previously being blanket rejected (just because they were being facilitated by a collective), threatening the main way non-star athletes get paid. Now, schools like Texas with strong collectives can legally support more athletes, giving them a major NIL edge moving forward.

Most athletes not named Arch Manning rely on collectives to source NIL opportunities. Only the superstars like Arch likely negotiate directly with big brands like Vuori, Red Bull, etc, and therefore don't necessarily need the help of a collective.

This should open the door for the Texas One Fund (our collective) to flex its muscles to help us separate from the pack financially.

[ArizonaLonghorn]

So they spent years litigating this, paying an estimated $750,000,000 in lawyer fees, and the CSC / NIL Go part of the settlement lasted 22 days.

Told ya this would get overturned (or modified enough to be emasculated) with the first wave of Collective lawsuits.

Good day for the rich schools with fat cat alumni, like Texas.

[harveycmd]

Just the beginning. This "agreement" signals the CSC is already admitting they can't win in court. The only way to get the guardrails they keep clamoring for is to make athletes employees. 

[HookedOnTF]

If I'm understanding this - a sponsored business nil deal has the review burden, but, a direct payment from a collective is exempt? Or the collective passes money through the school?

As a real world example - I've seen speculation that Felix signed Techs deal before July 1 with half paid by Tech and half by TBD, but haven't seen it confirmed. So assuming he signed after the 1st, now he doesn't have to worry about justifying the value of the TBD source?

[GoHorns1]

50 minutes ago, Lam Dinh said:

It looks like CSS (governing body of NIL) just reversed course and will now allow NIL deals from booster-backed collectives — as long as they involve real activities like merch, autographs, or appearances.

This fixes a major issue where valid deals were previously being blanket rejected (just because they were being facilitated by a collective), threatening the main way non-star athletes get paid. Now, schools like Texas with strong collectives can legally support more athletes, giving them a major NIL edge moving forward.

Most athletes not named Arch Manning rely on collectives to source NIL opportunities. Only the superstars like Arch likely negotiate directly with big brands like Vuori, Red Bull, etc, and therefore don't necessarily need the help of a collective.

This should open the door for the Texas One Fund (our collective) to flex its muscles to help us separate from the pack financially.

Does the dollar amount from the “collectives” still need approval of NIL Go Fund and Deloitte?

[Deej]

We’re so back. Infinite 4,999 deals 

[TexasEx]

#1 recruiting class loading. 

[ArizonaLonghorn]

This is a good article on this topic (link at bottom, free) - the writer predicted this all along and seems certain the next weakened attempts at controlling the collectives will also fail - 

[quote]

Oh, sure, the CSC will supposedly be able to deny these booster deals if they don’t fall within a specific range of fair market value – whatever that means. And guess what, they’re going to get sued for that too. Because who can really determine what fair market value is for an NIL deal from a collective? Unlike, say, a traditional ad campaign, collectives only exist within the realm of college sports. The only established value is what someone’s willing to pay. 

So good luck to all of the conference officials trying to argue that one at their next court date.  [/quote]

"Attempts to curb payments to college athletes keep failing. There's only one way forward."

 

[drag worm]

This can’t hurt with Davon Benjamin. 
 

[ArizonaLonghorn]

3 minutes ago, drag worm said:

This can’t hurt with Davon Benjamin. 
 

Competition is with Oregon funded by Phil Knight, and Michigan supported by Larry Ellison, the 2nd richest man in the world.

Gonna need a semi to carry enough bags for Texas.

Here's a pic of Larry's 288 ft yacht - in the world of "the haves and the have yachts" Larry has got a big yacht

[HDub1995]

Texas has approached it all the correct way. 

[ThatHornsGuy87]

2 hours ago, Joe Zura said:

Explain it like I’m 5 yes I act that way as well Bobby 

Bobby acts like we're all married to lawyers and understand this gibberish 🤣

[Deej]

Essentially before this, collectives could no longer pay players directly. They could only facilitate deals with other businesses and the players (basically a middle man). The relaxed language now allows the collectives to act as businesses themselves, thus the Texas One Fund can pay players directly again. Still has to go through NIL Go so long as it’s above 5K. But there’s nothing that says you can’t do a bunch of deals under 5k 

[Joe Zura]

10 minutes ago, ThatHornsGuy87 said:

Bobby acts like we're all married to lawyers and understand this gibberish 🤣

Right I’m just a dumb redneck from the Midwest which Bobby hates us Midwest folk 😂😂😂🤣🤣🤣🤣

[Jbro52]

Please forgive I graduated from Texas City what’s that mean in English lol