NIL QUESTION

[Triwest]

Revenue share and NIL are different. You can give to the NIL and it goes to the players without a hard limit. The revenue share is what is capped, in my understanding.

You are correct.

 

[alabamagrizzly]

Revenue share and NIL are different. You can give to the NIL and it goes to the players without a hard limit. The revenue share is what is capped, in my understanding.

This makes sense.

 

[catgrizfan]

Dumb questions - if a company wants to pay a player to endorse their brand/product, what are the steps to do that? Do people reach out to the athlete directly? Through agents? The NIL collective? Does the money go directly to the athlete or a third party, who in turn pays the athlete?

 

[BDizzle]

Dumb questions - if a company wants to pay a player to endorse their brand/product, what are the steps to do that? Do people reach out to the athlete directly? Through agents? The NIL collective? Does the money go directly to the athlete or a third party, who in turn pays the athlete?

You would still reach out to Marcus to make sure everything is done correctly. But you 100% can do that.

You’d pay the athlete directly for that. And depending on the amount, pretty sure you’d have to issue a 1099.

 

[AnotherGrizFan]

Revenue share and NIL are different. You can give to the NIL and it goes to the players without a hard limit. The revenue share is what is capped, in my understanding.

And you are absolutely correct.