College Sports Agent Shares Insane NIL Contract Clause From Unnamed Collective That Sets Frightening Standard
You've probably heard by now that Name, Image and Likeness has changed college athletics forever. Nearly two years into its existence, that is not a secret.
Money has always played a role in college sports, especially football, but the NCAA's decision to allow student-athletes to be compensated while in school has inflated that notion. And the lack of regulation around NIL has created a system that is simply unsustainable.
There are a lot of questions and concerns surrounding the role that money plays in "amateur" athletics. It's to the point that prominent figureheads are lobbying congress for defined legislation on the matter.
Until that day comes, NIL collectives are essentially able to operate without any sort of guidance. They can do whatever they want and no one is going to stop them. For now.
College athletes need help with NIL.
NIL has created a lot of good, but it has also brought about a lot of issues. Florida's recruitment of Jaden Rashada is the most prominent example.
There are NIL collectives that exist who are seeking only what is best for themselves and are looking to take advantage of the athletes. Not all of them, but some of them.
That is why hiring an agent is crucial. The first step for an elite high school athlete, before entering into the recruitment process, should be hiring an agent who can look over contracts and know when something is not right.
It's hard to know who is telling the truth and who isn't.
That is where an agent can help.
Otherwise, there is no telling what kind of clauses that a collective might put in front of a recruit.
Jackson Zager is the President and CEO of JTM Sports. One of his clients recently received an agreement that said, in so many words, that the NIL collective with whom he was set to sign could do whatever it wanted without being held liable.
Not liable for willful misconduct or negligence. That's frightening.
Elite athletes and their families are entering into uncharted territory and left to fend for themselves. They are being told one thing and signing another.
Hire an agent.