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
Great topic choice and well done Jackson! I would have liked to have seen your views on this topic within yout summary as well.
I think that NIL is a good thing, it gives players motivation to play better. I think that they could limit the amount that a team could spend each year. Teams like Ohio State, who just won the college football National Chanpionship, bought a team and it payed off. I think it is a good idea, but needs more restrictions.
I think it is unfair becuase athletes from smaller schools should still get the same chances that athletes get from bigger schools. But on the otehr side i think that the higher good college athletes have worked so hard to get what they deserved.
I agree with you, college players need money for how hard they work, but many are getting payed too much, more restrictions need to be placed on NIL for it to become effective. Many players get payed too much and some get payed too little.
NIL has its pros and cons. On one hand it is a good thing for athletes to get paid for all the work they have put in, espically since the school has made money off them while they have made none. On the other hand NIL is beomcing a recuriting tool for bigger schools. This gives them a even bigger advantage over smaller schools. Its hard to say NIL is complety fair, and I think there should be some regulations on wealthier schools from using it just to stack there rosters.
I think NIL is good for college athletes because they put in a lot of time and effort into their sport, and they deserve to get some money for there name, image, and likeness. I can also see how that it can negativly affect smaller schools since bigger schools have more money and resources. This allows them to be able to attract top athletes making it harder for smaller programs to compete.
I feel like NIL should be legal. I do feel like it is unfair to smaller schools. But it can help kids get there name out there and if they just put a lot of money in for college they could use it.
I disagree with you becuase it could just not give any oppritunity to the athletes that do not come from a big school.
I do think it is unfair for smaller schools because an example would be like the SEC. Alabma is a big name school and has sent many players to professional leagues so it would give them a much more advantage with money. A slightly smaller college is Mississippi State even though they are in the same confrence as Alabama they don't generate the same value.
I really like your answer becuase I am a fan of a smaller school that does not have the money that these big schools have.
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