No more 3rd Party NIL Payments

[TexasFanatic]

 

Edited July 24 by TexasFanatic

[TexasFanatic]

How does this help/hurt Texas?

[Burnt Orange Horn]

First question, is this even a valid order?  I thought Congress administered monopoly exempt entities?

Edited July 24 by Burnt Orange Horn

[Weino]

4 minutes ago, TexasFanatic said:

How does this help/hurt Texas?

It helps Texas, who has unlimited brands around the state that want to see Texas succeed. It hurts smaller schools unless they have students take out ads. 
 

but let’s be real, there will continue to be a workaround, and this may not even hold up in any sort of court. 

Edited July 24 by Weino

[TexasFanatic]

Just now, Weino said:

It helps Texas, who has unlimited brands around the state that want to see Texas succeed. It hurts smaller schools with wealthy alumni unless they have students take out ads. 
 

but let’s be real, there will continue to be a workaround, and this may not even hold up in any sort of court. 

I thought this meant brands can’t pay athletes so that hurts what you just said? 
 

Or do collectives mean “third party”

Losing collectives hurts Texas a lot…

[OsasTheDestroyer]

Love the title

[Weino]

2 minutes ago, TexasFanatic said:

I thought this meant brands can’t pay athletes so that hurts what you just said? 
 

Or do collectives mean “third party”

Losing collectives hurts Texas a lot…

The executive order prohibits third-party, pay-for-play payments but “does not apply to legitimate, fair-market-value compensation that a third party provides to an athlete, such as for a brand endorsement,” according to the White House’s release.

 

Basically actual NIL is still fine, but collectives will not be (but they will because this won’t matter since courts will have a lot to say)

Edited July 24 by Weino

[TexasFanatic]

2 minutes ago, Weino said:

The executive order prohibits third-party, pay-for-play payments but “does not apply to legitimate, fair-market-value compensation that a third party provides to an athlete, such as for a brand endorsement,” according to the White House’s release.

 

Basically actual NIL is still fine, but collectives will not be (but they will because this won’t matter since courts will have a lot to say)

But there is still a FMV limit in these brand deals… 
 

We will see if it helps Texas or not.

[FatherofMinky]

I don’t see any way that this executive order is gonna stand. I won’t be surprised if some district judge somewhere issues an injunction on it by this evening. Here come the law suits.

Edited July 24 by FatherofMinky

[Tuco Ramirez]

CDC has talked in the past about internalizing the collective so that could be one work around. However, none of this makes a poop until we get through years of litigation.

[FootLaw]

17 minutes ago, TexasFanatic said:

 

Good luck. An EO isn't law. This likely gets shot down in Court relatively quick.

[Hashtag]

It's honestly a nothing burger EO. So long as 3rd party entities like TOF have specific appearances, recordings, and objectives they have to reach to get their NIL deal it should be good to go as they are not pay for play "technically."

[Hashtag]

Just now, Tuco Ramirez said:

CDC has talked in the past about internalizing the collective so that could be one work around. However, none of this makes a poop until we get through years of litigation.

You DO NOT want TOF as part of the schools money. It would restrict us.

[connorkp23]

Sounds quite similar to what the House settlement already outlines unless I am missing something... more of a marketing play by Trump than anything of consequence 

[tfoster40]

9 minutes ago, connorkp23 said:

Sounds quite similar to what the House settlement already outlines unless I am missing something... more of a marketing play by Trump than anything of consequence 

that’s what I thought to be interesting to hear what Bobby says about it tomorrow morning 

[TexasFanatic]

All I want to hear is that Texas will still be the king for this new era 

[Bobby Burton]

32 minutes ago, Weino said:

The executive order prohibits third-party, pay-for-play payments but “does not apply to legitimate, fair-market-value compensation that a third party provides to an athlete, such as for a brand endorsement,” according to the White House’s release.

 

Basically actual NIL is still fine, but collectives will not be (but they will because this won’t matter since courts will have a lot to say)

It doesn’t say anything about collectives.

[THookem]

 

[Jeff Howe]

19 minutes ago, THookem said:

 

Yes, point the finger at Texas, because the upstanding schools of the SEC did everything above board before NIL.

The butthurt is strong.

[Tuco Ramirez]

7 minutes ago, Jeff Howe said:

Yes, point the finger at Texas, because the upstanding schools of the SEC did everything above board before NIL.

The butthurt is strong.

 

[Jeff Howe]

Just now, Tuco Ramirez said:

 

The TransA&M

[HDub1995]

Yeah, that’s not how that works. Executive Orders are not binding law. They can try all they want, the genie is not going back in the bottle. 

[whereiend]

2 hours ago, Hashtag said:

You DO NOT want TOF as part of the schools money. It would restrict us.

The day TOF goes straight to the AD is the day I stop contributing. The AD needs to fund the $20M on their own from ticket sales, media payouts, etc. The purpose of TOF is to be additional compensation beyond the $20M.

[rgvhorn80]

All the sucking up Saban did worked. 

[f1revo]

This dudes attempt to rule by EO is sad and funny. Still no enforcement mechanism so toss it out and move on. Loser is on the fast track to add to his 34 felonies as information releases anyways.