the main takeaway was that big boosters from the older SEC schools are tired of being constantly hit up for money. Many boosters at schools (read Auburn) gave big one last time to this class, but indicated they want to return to old giving levels unless the NIL system changes (no accountability from athlete, if he’s a bust or portals out). Head Coaches having to spend significant time constantly raising NIL - heard of a recent golf outing with the head coach for 16 alumni at $25k a donor. However Texas, TAM, Oklahoma love being able to buy their way straight to the top and perceive NIL as a quick accelerator to avoid the adjustment to a much more elite level of competition that recent entrants to SEC have had to endure.
The hope is that SEC will vote to formally bring the collectives in house, set a variable baseline NIL wage w kids then getting additional $ based on actual NIL generated activity (sponsorship, jerseys, etc). They fear if funds not more directly related to actual NIL deals there are going to be big Title IX implications.
The super rich SEC schools (oil money) like current setup, but the majority don’t have the money for this to be sustainable so reforms should be able to be passed in our conference. The hope is to get something passed in 12-18 months. If not, I think your going to see a second round of litigation in reference to Title IX and athletic association contributions having no basis for tax deduction as they are not related to institutional mission.
At some point these University Presidents will step up and end the madness.
The hope is that SEC will vote to formally bring the collectives in house, set a variable baseline NIL wage w kids then getting additional $ based on actual NIL generated activity (sponsorship, jerseys, etc). They fear if funds not more directly related to actual NIL deals there are going to be big Title IX implications.
The super rich SEC schools (oil money) like current setup, but the majority don’t have the money for this to be sustainable so reforms should be able to be passed in our conference. The hope is to get something passed in 12-18 months. If not, I think your going to see a second round of litigation in reference to Title IX and athletic association contributions having no basis for tax deduction as they are not related to institutional mission.
At some point these University Presidents will step up and end the madness.
