College football needs an NIL income cap asap, before this gets any more out of control. The cap should be affordable to every D1 program. There’s a reason why every major professional sports organization in the country has some variation of a salary cap. It is necessary to maintain a level playing field and parity within the league.
This is perhaps even far more important at the college level compared to the pros, due to the large number of wealthy donors and alumni willing to shell out money at particular programs to see their team succeed. As the rules currently stand, the NIL system serves as a back door to directly pay players in exchange for them playing at a particular school, with no limits, regulation, or oversight. More over, the new transfer portal rules create a system of unregulated free agency, which compounds on the problem.
Something has to be done about this. What we’re seeing now is just the tip of the iceberg.
This is perhaps even far more important at the college level compared to the pros, due to the large number of wealthy donors and alumni willing to shell out money at particular programs to see their team succeed. As the rules currently stand, the NIL system serves as a back door to directly pay players in exchange for them playing at a particular school, with no limits, regulation, or oversight. More over, the new transfer portal rules create a system of unregulated free agency, which compounds on the problem.
Something has to be done about this. What we’re seeing now is just the tip of the iceberg.