What is NIL?
NIL stands for Name, Image and Likeness. This rule allows college athletes to receive financial aid. NIL has just come about in the past couple years. For some athletes it has been very good for them because they are able to start making money faster and sooner. They get paid through marketing strategies that can include autograph signings, product endorsements, social media posts or videos, and many more. There has been much controversy on this topic when it came about. For the smaller schools that don't have a lot it has not been so good. The big schools are better able to use this money to recruit better athletes. With all of this moving players around between schools there becomes a lot of discussion if it is right or not.
Many universities, colleges, and athletes love the idea of this because they are able to sell their names, images and likeness for a profit. NCAA president, Mark Emmert said,”This is an important day for college athletes since they all are now able to take advantage of name, image and likeness opportunities.” Even though the athletes are able to get this money it still prevents directly paying these athletes which goes against the NCAA rules. Athletes definitely like the idea of this. But, even though they are in favor of this and love to be able to do this, many people do not like the idea of this.
One of the biggest arguments with NIL between people is how they are using it to attract athletes to different schools for money. By doing this schools are getting higher ranked recruits by paying them money for them to come to that desired school. This was not the intent of the rule or the purpose for it. It was just for athletes to be able to get out there. But some of the higher schools like Alabama, Georgia, Duke, and Colorado have used it to their advantage. This is what causes the hate towards NIL.
Top 5 Most Paid Athletes(Current)
- Arch Manning: Texas Football ($6.6 Million)
- Cooper Flagg: Duke Basketball ($4.3 Million)
- Carson Beck: Miami Football ($4.2 Million)
- Livvy Dunne: LSU Gymnastics ($4.2 Million)
- Jeremiah Smith: Ohio State Football ($4 Million)
Should NIL be legal?
Do you think it is unfair to smaller schools?
Sources:
https://www.sportsbusinessjournal.com/Journal/Issues/2022/06/06/Portfolio/NIL-quotes/
https://1075thefan.com/playlist/top-20-college-athletes-with-the-highest-nil-valuations/item/1
Replies
I believe that NIL should be legal. It can help the student athlete buy things that are necessary for college. As well as helping get there name out there and also regaining the money that they had that they used for their tuition.
I think its fair because athletes have to pay for stuff somehow. Like food,clothes and their college debt. It may be unfair for small school but it does help athletes pay for the stuff they need to pay for.
I do think it's unfair, because smaller schools lack the funding and can't provide as much money for top recruits. I also think that a cap in the NIL deals is a great way to solve this problem. Capping these deals can make it more affordable to schools that don't recieve as much cash flow.
I think NIL is a great way to boost the knowingness of collegiate athletes, I also think though that there should be a cap on NIL deals. I think that NIL majorly affects an athletes commitment, and if these big SEC schools that have millions to offer an athlete, there guaranteed to commit there. Overall NIL's have many pros and cons, and I think they should be allowed but only to a certain extent.
I like your idea on caping the amount of money that goes to the players. If that would happen I would be more in favor the NIL idea.
I think NIL should be legal as college athletes just dumped all of their money into a college and will need a way to help support them more. It could be unfair for smaller schools but in the end it might not make a huge difference in who comes to what school.
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