How to (Legally) Pay a College Football Player: NIL Collectives, Explained
Description
When the Supreme Court ruled, in 2021, that college athletes can monetize their Name, Image, and Likeness, football recruiting changed forever. Organizations known as NIL collectives emerged to pay players de facto salaries, in coordination with universities. But soon, thanks to yet another legal development, those universities may be able to pay players, directly — raising many, many questions about what the hell is going on. So Meadowlark’s own University of Miami booster, Mike Ryan, takes us inside their NIL collective. And On3's Andy Staples — a former national champion o-lineman at the University of Florida — helps us understand the future of a not-quite-open market. Also: Jaden Rashada, LifeWallet, and stone crabs.
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