How do NIL payments work?

[Green with Envy]

Random question, no underlying intent.

• Monthly?
• All up front?
• Completion of the semester?

Edited October 18, 2023 by Green with Envy

[meaniegreenie]

In the SEC:

 

Most other schools:

[DentonLurker]

I think the answer to your question is "It depends..."

Edited October 18, 2023 by DentonLurker

[EAGLE83]

How did Utah do it with the Trucks.

[GreenN'walinsVet]

5 minutes ago, EAGLE83 said:

How did Utah do it with the Trucks.

I believe they are all leased, and the lease can be revoked for a number of reasons including (leaving the team, school, discipline-related, grade-related, etc...)

[UNTLifer]

[DentonLurker]

@EAGLE83

Here's how USA Today described their deals.

Quote

The Crimson Collective, backed by donors, is paying for the leases of each truck, which has an MSRP of $43,970, on a six-month contract and is also covering the insurance. The contracts are expected to roll over based on a player's eligibility and membership on the team. If a player loses eligibility or transfers, they will lose their truck. The dealership that Crimson Collective worked with for the deal, Ken Garff Automotive Group, will take back the trucks as each lease is up and resell them.

 

[Cr1028]

On 10/18/2023 at 10:59 AM, meaniegreenie said:

In the SEC:

 

Most other schools:

And some