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Hey there,
While watching my #13 ranked Baylor Bears inch out a win over Texas Tech last night, I thought to myself⌠âIf Iâm an NIL writer, does watching this game count as work?â I decided that yes, it was. We love giving yâall the news day in and day out, and if that means I have to ingest as much college basketball as humanly possible, thatâs a sacrifice Iâm willing to make for you, the NIL Wire readers. Iâm such a hero for that, arenât I?
Enough goofing around, youâre here for the news â and weâre excited to give it to you. But first, you should follow us on Twitter. Weâve got video content, NIL updates and more â check it out!
Also⌠Do you want advertise with us? Weâd love to partner with you. Get your product, brand, or service in front of more than 25,000 of the most highly engaged stakeholders in sports â you can simply respond to this email to get in touch!
â Cole, Justin and Collin
KICK-OFF
NLRB names Dartmouth Basketball âEmployeesâ
Early last fall, Dartmouthâs basketball team filed a petition with the National Labor Relations Board (NLRB) seeking employment status so they could unionize. This week, the NLRBâs regional director in Boston concluded they are indeed employees of the university.
âBecause Dartmouth has the right to control the work performed by the Dartmouth menâs basketball team,â NLRB leader Laura Sacks said, âand the players perform that work in exchange for compensation, I find that the petitioned-for basketball players are employees within the meaning of the [National Labor Relations] Act.â
Itâs unclear exactly how this development will change the future of college sports, but we can deduce a few things. For one, it shows us how the employment issue might be legally handled in the future. Secondly, the determination signals some form of an employment model will likely play some role in the future of college athletics. (More)
Stanford: The Sleeping Giant
Stanford is calling on one of the biggest sports stars in the schoolâs history, Christian McCaffrey, to help inject life into their NIL collective. The 49ers running back partnered with Lifetime Cardinal by voicing over their newest promotional video:
No more questions about what Stanford is doing for NIL.
#LifetimeCardinal is here and we're taking NIL to the next level. We are the collective associated with Stanford Athletics and weâre just getting started.
â Lifetime Cardinal (@Lifetime_Card)
9:10 PM ⢠Feb 1, 2024
While Stanford has been reluctant to commit to NIL in the recent past, the video promotion definitively sets a new course for the program. To the delight of Cardinal fans everywhere, the schoolâs NIL strategy seems to be shifting towards competitive for the first time since NILâs conception.
Theyâre not just talk, either. The university recently hired an in-house NIL general manager to oversee the programâs operation. With an extremely wealthy donor base, Stanford could become one of the countryâs leading NIL players if they can energize their alumni toward giving to athletics. (More)
Restraining Order Denied in Recent NCAA Lawsuit
The plot thickens in what has swiftly become highest profile legal dispute in the NIL world. A court just denied Tennessee and Virginia their requests for a temporary restraining order against the NCAA, citing no âirreparable harmâ as the basis of the decision. Essentially, the ruling means the NCAA can keep its NIL recruitment policies in place⌠for now.
The NCAA shouldnât be dancing quite yet, though. Sports law expert Mit Winter sees this as a temporary ruling, and doesnât think the courts will hold the policies up long-term. âThe NCAA is likely to lose the case,â Winter said on Twitter/X, âand the NIL rules will be permanently enjoined at the conclusion of the case.â (More)
Teaming up with
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WHATâS TRENDING
Ups and Downs
Arizona Wildcats guard Caleb Love saw a $174K valuation drop this week despite the team winning five of their last six games đ
Crocs struck gold with their NIL investment in Michiganâs Roman Wilson, who brought the shoe company tons of brand value after his playoff performancesđ
Marylandâs Jayla Bynum inked a deal with Hot Topic as the NIL market for track and field continues to show growth đ
DOWN TO BUSINESS
Pitinoâs Payment Plan
Never one to back down from controversy, St. Johnâs head coach Rick Pitino recently took to Twitter to vent his frustrations about NIL and the current college basketball landscape. Following up the Dartmouth ruling on employment, the legendary coach put forward his own solution to the athlete compensation problem:
Ok - we all want solutions to preserve our great game. Today I'm going to suggest solution one:
For basketball - have the Power 5 & Big East conference commissioners get together and create a salary cap between 1.5 n 2.0 million. All contracts delivered to the league and school⌠twitter.com/i/web/status/1âŚ
â Rick Pitino (@RealPitino)
3:31 PM ⢠Feb 6, 2024
Itâs an interesting idea, to be sure. In the same thread, Pitino also floated the idea of schools signing players to âtwo-year binding contractsâ because they are âprofessional athletes.â (More)
Kirk Herbstreit thinks more coaches will head to NFL because of NIL. In a tweet discussing the topic, he said that âThis trend will continue until there is a new governing body and it creates a CBA with a players entity or union.â
In early January, Sportico published their five sports law predictions for 2024. The whole list is interesting, but weâre mainly flagging the fact that they predicted the recent Dartmouth employment decision a month ago, and they also seemed to think that USCâs ruling would follow a similar suit.
COLLECTIVE 101
Collectives Exploring Contract Insurance
Sports risk management and injury firm Players Health is rolling out an artificial intelligence platform that will help a few major industry needs. The platform will include financial analytics tools that account for player movement, as well as insurance policies for both player injury and transfer portal losses.
Collectives will be specifically interested in the contract insurance. CEO Tyrre Burks explained the model as such: âSay a kid is making a half a million dollars and [a collective] really wants to get this kid, so they front-load the cash and then there's a set of deliverables that they have as the season gets closer,â Burks explained.
â[The player] could transfer before the season endsâŚNow the collective is out of this cash. So we would insure that and make the collective whole, so that they can use the capital that they were going to deploy to go get another [athlete].â (More)
The University of Missouri just received the biggest gift in school history from an anonymous donor. A whopping $12M of the $62M gift will be going directly to the Tiger Fund, the schoolâs primary NIL initiative.
Alumni from St. Johnâs 1999 Elite Eight basketball team reunited for an event last week to raise funds for the schoolâs NIL strategy. Head coach Rick Pitino has made it a goal to roster build through NIL since becoming coach.
ATHLETE SPOTLIGHT
Emily Saunders
Meet Emily Saunders, a standout basketball player for the Youngstown State who's not only dominating on the court, but also breaking new ground in the NIL world. Her most recent collaboration was with Crossover Culture, a brand exclusively available at Dick's Sporting Goods. She secured that deal through Instagram DMs, but most of her ventures come through the Opendorse marketplace.
Todayâs Athlete Spotlight is Youngstown State basketball player @EmilySaunders31 đ
Learn more about Emily in tomorrowâs edition of @NIL_wire đ
â NIL Wire | Top NIL Newsletter (@NIL_wire)
7:08 PM ⢠Feb 7, 2024
NIL BLITZ
âŚď¸ Notre Dameâs Sam Hartman says NIL doesnât affect team chemistry
âŚď¸ USC commit Juju Lewis signs a deal with Alo Yoga
âŚď¸ K-State names an official NIL partner
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BATTER UP
Todayâs Poll Question:
Could Stanford ever become a top tier NIL school? |
Last Editionâs Poll Results:
Would you rather your school have an NIL-savvy coach, or an Xs and Os specialist?
NIL-savvy: acquiring good players are the most important part - 59%
Xs and Os: better coaching should beat out better talent - 41%
I find that the petitioned-for basketball players are employees within the meaning of the [National Labor Relations] Act.â