National Letter of Intent (NLI) will be replaced by a new financial aid agreement and revenue share (On3)

[huskymedic]

Fax Machine industry takes a hit…

 

[huskymedic]

 

[huskymedic]

 

[Chin Diesel]

And the NCAA will police and enforce this how???

 

[Forte]

And the NCAA will police and enforce this how???

By focusing on and punishing non power programs

 

[UConnDan97]

And the NCAA will police and enforce this how???

The same way they police everything else, unfortunately...

 

[CL82]

The same way they police everything else, unfortunately...

So… Selectively?

 

[UCFBfan]

So will they basically be signing a contract and the NIL is the signing bonus? That's basically what we've gotten to. Once the House case is finalized it will basically be a contract as schools will be paying athletes

 

[JohnFSilver]

I would assume if you leave, ya gotta pay back portion of bonus.

 

[Patman]

And the NCAA will police and enforce this how???

its a contract. courts will handle this

 

[Spsone07]

its a contract. courts will handle this

yay for more billable hours!

 

[husky8273]

feedback today:
"More on the elimination of the NLI as one Big 12 source tells On3’s Pete Nakos: “It used to be two separate things. Sign the dotted line and get the kid in the building. Then figure out the financials. Now they’re combining it into one thing and that is going to up a ton of signings. This is going to turn into a show.” Another Big 12 source remarks: “If you got money you’re going to be fine. If you don’t? And you’re giving a bunch of lip service to these kids? [National Signing Day] is where these kids are going to figure out who was telling them the truth and who was full of .” In fact, multiple sources tell Nakos that National Signing Day “could turn into a financial sweepstakes. If the dollars on paper do not line up, recruits can not sign paperwork and open their recruitment.” A Big 12 HC says this “is the first year that the first, second or third question has been about money. At the high school level that hasn’t been like that. It is now. Before this year high school recruiting was still pretty old school for the most part but now it’s a lot about money. I think this will be big for them and us.” On the flipside, transfers can now be signed by a new school once their names are in the portal, at which point other schools will be prohibited from recruiting communications, thereby making it “extremely difficult for players to decommit or flip their recruitments, a major win for college football programs trying to nail down their roster.”