In an attempt to stay tapped into all things NIL, I’ve sorted through and gathered some interesting NIL-centered news items today. The title of each section will redirect you to the initial article, as I did not translate all of the columns into this page. Just the best cliff notes.
Today’s Topics
1. NCAA moves closer to student-athletes, athletic department staffers legally betting on pro sports(ON3 via BeaversEdge)
2. Will college football’s revenue-sharing era usher bloated coaching contracts out of style? (The Athletic)
3. NCAA sets dates for January college football transfer portal(ON3)
4. Rutgers Coach Greg Schiano Gets Candid On NIL Gap Before Oregon Ducks Game (Oregon Ducks on SI)
5. New Bill Aims to Prohibit Athletic Department, Conference Private-Equity Deals (Front Office Sports)
6. Director of Athletics Jared Mosley introduces 40 percent student athletic fee increase at SGA meeting(North Texas Daily)
7. SEC’s Greg Sankey rejects pooling conference TV rights as a solution to problems in college sports(AP)
1. NCAA moves closer to student-athletes, athletic department staffers legally betting on pro sports(ON3 via BeaversEdge)
The NCAA‘s Division I Administrative Committee adopted a proposal that would allow student-athletes and athletic department staff to gamble on professional sports, the organization announced Wednesday. In order for that to be finalized, the proposal must be approved by all three NCAA divisions. Divisions II and III are expected to consider it during their respective meetings at the end of the month.
The NCAA still prohibits all betting on collegiate sports, as well as sharing information about collegiate competitions with other bettors. Any rule change regarding gambling on professional sports would not impact NCAA regulations prohibiting advertising and sponsorships associated with sports betting for NCAA championships.
2. Will college football’s NIL revenue-sharing era usher bloated coaching contracts out of style? (The Athletic)
As the college sports world digests Penn State’s decision to pay upwards of $45 million for football coach James Franklin to go away, people around the industry are once again discussing a trend they’ve never been able to stop.
Will the overindulgent coaching contracts with their ridiculously large buyouts ever be curbed?
They point to Texas Tech, currently 6-0 and No. 7 in the AP poll, the program’s highest ranking since 2008. Red Raiders head coach Joey McGuire has posted an above-average 23-16 record through three seasons. His $4.5 million salary currently ranks 51st among Football Bowl Subdivision head coaches, according to USA Today’s salary database. Mega-booster Cody Campell and others spent roughly $25 million to retain and beef up the roster in the offseason, and now Texas Tech is one of the best teams in the country.
“Those players can get you that extension or that CFP bonus, all those things,” the administrator said.
This also applies to schools dealing with a coach on the hot seat. Virginia stuck with Tony Elliott last offseason despite a 11-23 record through three seasons in charge. Instead of committing more than $14 million to buy Elliott out, the school and its donors invested into the roster and grabbed quarterback Chandler Morris and other key players out of the portal. The Cavaliers are now 5-1 and ranked No. 18.
College coaching contracts really aren’t like anything else in major sports. NFL teams can’t hire sitting head coaches without permission or a trade. In pro sports, in the business world, in most things, a contract is binding.
3. NCAA sets dates for January college football transfer portal(ON3)
The NCAA Division I Administrative Committee passed dates for the one-time-only college football transfer portal on Tuesday. The 2025-26 college football transfer portal will last 15 days, spanning from Jan. 2 to Jan. 16, the NCAA announced.