New Florida NIL deal

[HarpDawg]

Does the new NIL deal just signed help us?

 

[RealRussellPumps]

Would think so. It was holding us back from the school being able to have anything to do with kids getting NIL deals. This amends that and allows the schools to have a hand in the NIL space.

 

[Cryptical Envelopment]

The Athletic’s instant analysis:

What this means for Florida schools​

The state effectively repealed the restrictions on schools or coaches facilitating NIL deals. This allows schools in Florida to operate under rules more similar to schools in states with either no NIL law or a minimally restrictive NIL law. Previously, a school or coach helping a player get an NIL deal would have violated the law.

 

[Yoyo82]

So it didn't change the rule about high school kids not being able to make NIL $$$ while still in high school?

Anybody know if that's under consider at some point?

 

[cltcane94]

As I understand it, the law primarily helps the state schools and their Collectives who can now legally broker deals for the athletes. Will be interesting to see if Miami now goes that route.

 

[canecane232323]

As I understand it, the law primarily helps the state schools and their Collectives who can now legally broker deals for the athletes. Will be interesting to see if Miami now goes that route.

Its not just state schools. Miami definitely benefits. Mario can now have a seminar or consultations within the law with recruits and their parents explaining the deals or prospective deals they would get if coming to miami. They can facilitate those deals, meaning help the kids get them and they are allowed to/required to offer financial literacy and consultation so kids dont get ripped off by shady entities offering them money. All those things were illegal by the school or staffs in florida before. Not just at state schools.

 

[cltcane94]

Its not just state schools. Miami definitely benefits. Mario can now have a seminar or consultations within the law with recruits and their parents explaining the deals or prospective deals they would get if coming to miami. They can facilitate those deals, meaning help the kids get them and they are allowed to/required to offer financial literacy and consultation so kids dont get ripped off by shady entities offering them money. All those things were illegal by the school or staffs in florida before. Not just at state schools.

Yes understood. My point was that it helps the state schools immediately bc they already have collectives in place, not that it will preclude private schools. Miami likely was engaged and involved in the lobbying and influencing of the new law as well and will obviously benefit.

 

[Cryptical Envelopment]

As I understand it, the law primarily helps the state schools and their Collectives who can now legally broker deals for the athletes. Will be interesting to see if Miami now goes that route.

I'm not sure you understand it : )

 

[CT Cane 44]

The Athletic’s instant analysis:

What this means for Florida schools​

The state effectively repealed the restrictions on schools or coaches facilitating NIL deals. This allows schools in Florida to operate under rules more similar to schools in states with either no NIL law or a minimally restrictive NIL law. Previously, a school or coach helping a player get an NIL deal would have violated the law.

Or in legal terms, what Alabama and others have been doing for the great part of forever.

 

[JHallCanes]

Gator Collective on payday