How is college football trying to rein in wild West' of transfers? Make players pay to leave
Briefly

Colleges are responding to the chaotic nature of the transfer portal by incorporating financial consequences into NIL contracts to prevent athletes from leaving. With potential revenue from the House v. NCAA settlement, schools aim to secure a direct role in athlete NIL deals, creating buyout clauses akin to those in coaching contracts. Some contracts demand athletes repay a significant portion of earnings if they transfer, thereby enhancing universities' leverage over athletes in the transfer portal amid ongoing discussions about NIL rights and revenue sharing.
One Big 12 school required the athlete to pay a buyout equal to 50 percent of his remaining compensation if he transferred before the end of the deal's term.
Many schools during the recent winter portal cycle used that anticipated revenue to make school-funded NIL deals that would go into effect only if the House settlement is approved.
Read at www.nytimes.com
[
|
]