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Joined: 06/11/2002
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Here's the thing...

The ruling in Virginia/Tennessee v NCAA means the NCAA cannot keep schools from bringing those types of things in-house but it doesn't mandate that they have to It also doesn't re-write any laws in states where revenue sharing with athletes would be illegal under state law So, a school can decide independently how they want to handle revenue sharing, who does their NIL management, etc. But no law has yet to force them into any method. I do think schools in Tennessee and Virginia (and some other states with similar rules) will have a leg up for a certain period of time until people catch up. Another aspect of this that I'm particularly interested in is how universities handle the resources beyond just NIL funds going straight to athletes. You have to educate, you have to market, you have to be a liasion between businesses, donors, athletes, coaches and admin. You have to write the contracts. You have to maximize your resource allocation. So...do you: 1) hire new positions into your athletic department directly related to NIL This is probably the most school-centric option, but easily the most expensive. Salaries, benefits, legal, etc. 2) re-purpose current resources from within the athletic department to cover NIL This is the cheapest, but also means the most stretched-thin option making things run inefficiently either on the NIL side or admin side 3) hire outside firms to handle certain aspects of NIL Not as expensive as all new positions, but also not cheap. The downside is the red tape of things that are outside the scope of a written contract. The firms also don't have specific allegiance to your university outside of wanting to please their client to continue getting more worm I am interviewing with a firm who currently does this in about 45 min. They do not work with Virginia Tech specifically (Deloitte does, however)
Posted: 01/23/2025 at 01:15 PM ET
(In response to this post by FlossEmVT)

Thread Replies (17)

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Coach MY NEEDS to stay onboard at least one more year as
VintonHokies 01/23/25 07:00 AM ET
Doesn’t that increase in revenue sharing apply to all other schools we are
FlossEmVT 01/23/25 09:56 AM ET
Here's the thing...
GCHokie34 01/23/25 01:15 PM ET
What do they do in 45 minutes?**
NC Hoke 01/23/25 06:17 PM ET
"interviewing with a firm who does this"....what is "this"? NIL management?**
BleedinOandM 01/23/25 03:29 PM ET
Sorry, yes...NIL management is the best way to put it
GCHokie34 01/23/25 04:32 PM ET
Interesting...sounds like an emerging field. Good luck on getting the job!**
BleedinOandM 01/24/25 07:31 AM ET
We can't even compete against VCU in terms of NIL.Forget the P2,I would be
HokieBrazil 01/23/25 11:12 AM ET
You pick the one missing a major revenue sport in its athletic department
HokieRat 01/23/25 12:09 PM ET
Theoretically all teams would be close to level but only if they all use
VintonHokies 01/23/25 10:40 AM ET
oh i prefer he stays
Vippie1 01/23/25 09:14 AM ET
Hammond is going to be very good IMO
hokiepro 01/23/25 07:03 AM ET
I wish I could pull up this board from EG and JR freshman years
Vippie1 01/23/25 09:19 AM ET
And then there's Marquie Cooke and Devin Wilson**
Pylons 01/23/25 10:15 AM ET
Who's EG?
YBYSAIAHokie 01/23/25 09:27 AM ET
Erick Green Player of the Year in the ACC in 2013**
Vippie1 01/23/25 09:29 AM ET
Well, sadly, we know what's likely to happen if he's very good.........**
501 01/23/25 09:12 AM ET
I agree. He will finish his drives better with the experience he is getting**
VintonHokies 01/23/25 07:07 AM ET