Colleges don’t want to classify the players as employees for a number of reasons including not wanting to share revenue.
To me, the solution is to have athletic departments pay them for their NIL directly since they use pictures and videos to promote games anyway. The NCAA could set some standard rulers and rates.
(I know the NCAA are greedy dolts that would never do this.)
Yeah not shocked posted here about how the nfl had a strict rule of no nil if you owned a team, not surprised the nba followed suit. That’s a big blow to msu, they were being very aggressive with nil but seemingly stopped. I am guessing it was because ishibia couldn’t bank roll it any more.
Article where I read about the nfl rule, if the nfl rule thinks it tampering then it was only a matter of time where the nba outlawed it. Nba is crazy concerned about tampering.
Signing Zion Williamson for 5 million, getting him to play at your alma mater and starting the relationship at 17 seems like a pretty big leg up in nba free agency and trade recruitments. Especially when your an owner in a glamour nba market like Phoenix.
Even if so, you might get him to agree to come in a trade (if he has a no-trade clause). Maybe you could even persuade him to commit to your franchise by refusing to work out with other teams before the draft.
In any event you’re forming a monetary relationship with a guy before he’s eligible for the draft, which seems dodgy from a standpoint of competitive balance.
And even if it’s not a Zion level player, it could still be a very good player or a good role player. And having a preexisiting business relationship with some players is likely not something the league wants the owners to have
The fact there are NIL groups trying to push to keep players from entering the draft is probably reason enough to say an NBA owner should not be involved at all.