I thought this whole collective thing allowed for communication between them and the school? I consider communication control. I don't figure the collective is offering money to kids the school doesn't want.
They can communicate with the school.
1) They can sign revenue share agreements directly tied to school’s athletic budget and revenue streams. This is
not NIL.
2) They can sign with school’s official NIL collective. These were supposed to go away or be heavily regulated under the new rules implemented last year, but, yeah, that didn’t happen at all. This is NIL, the version is “controlled by the school” that I was talking about above.
3) They can sign 3rd party NIL agreements with other private entities / businesses, unaffiliated with the school.
Athletes can sign deals under all 3 categories, if they want.
The only major difference in these 3 methods is #1 doesn’t require clearance by the CSC, whereas 2 & 3 do require the clearance. However, the clearance is just a kangaroo court rubber stamp process that means nothing, as everyone knew it would be. Even the rejected deals just get slightly tweaked, and pass the 2nd or 3rd time through without fail.
The reality is that all three entities work together to raise and allocate funds. Revenue share is the easiest way to sign someone to a preposterous, over-the-top deal like Kansas just did with that basketball player. When that happens, it requires categories 2 & 3 to make up the shortfall with deals that would have been covered under revenue share, but still can reasonably pass the smell test as “legit NIL”.
All the above is a great example of why profit / loss statements on individual sports or schools are totally meaningless now. It’s all just a big shell game.