So you are in charge of developing parameters for NIL.
Things such as the total amount for each sport (a salary cap, so to speak). If it is an annual amount, is it lose it or use it? Who determines the limit?
When can a player draw on his or her NIL. For example, the amount is placed in trust until college eligibility expires.
Is the NIL an annual negotiation for each athlete?
Or do you say that no parameters are necessary?
Things such as the total amount for each sport (a salary cap, so to speak). If it is an annual amount, is it lose it or use it? Who determines the limit?
When can a player draw on his or her NIL. For example, the amount is placed in trust until college eligibility expires.
Is the NIL an annual negotiation for each athlete?
Or do you say that no parameters are necessary?
