So how would a salary cap work? And would it be legal or would it have to be collectively bargained?
I wonder if this could be handled at the conference level with each conference agreeing to implement a similar "CAP" on NIL and then determining the amount by conference? For instance, could the SEC set the maximum NIL Cap at 5% of annual distribution (which would be $2,500,000 for SEC teams). Then it would be up to teams how to slot each player into that cap? At least then it would regulate how much a school is giving a player. Is that within the rules of the NCAA (schools paying players out of their member distribution)?
Here are the per school distribution amounts that I was able to find on each conference:
Once a cap was set, you could implement a minimum allotment of 0.5% or something for every player and then let the schools determine how they want to allot the rest. For SEC schools, that would mean every scholarship player would receive $12,500 per year minimum.
Thoughts?
And yes, I know there's probably a lot wrong with this idea. I'm just throwing it out there as a discussion starter.
Here's the link to the SEC payout from last year:
www.news4jax.com
I wonder if this could be handled at the conference level with each conference agreeing to implement a similar "CAP" on NIL and then determining the amount by conference? For instance, could the SEC set the maximum NIL Cap at 5% of annual distribution (which would be $2,500,000 for SEC teams). Then it would be up to teams how to slot each player into that cap? At least then it would regulate how much a school is giving a player. Is that within the rules of the NCAA (schools paying players out of their member distribution)?
Here are the per school distribution amounts that I was able to find on each conference:
- ACC - $40.0M
- B10 - $55.0M
- B12 - $31.6M
- SEC - $49.9M
Once a cap was set, you could implement a minimum allotment of 0.5% or something for every player and then let the schools determine how they want to allot the rest. For SEC schools, that would mean every scholarship player would receive $12,500 per year minimum.
Thoughts?
And yes, I know there's probably a lot wrong with this idea. I'm just throwing it out there as a discussion starter.
Here's the link to the SEC payout from last year:
SEC divides $721.8M in total revenue among schools
The Southeastern Conference says it distributed an average of just under $50 million to its 14 member schools for the fiscal year that ended last August.
