Just this morning, Pete Nakos of On3 released an article revealing what many of us have been expecting to occur since NIL’s emergence into collegiate athletics. Following their decision to enact NIL transparency and consumer protection initiatives as of this past January, the NCAA Division I Council has officially started accepting bids from platforms and vendors for its, “agent registry, disclosure database and education program,” according to the On3 article.
On3’s source reported the NCAA’s decision is expected to come by the end of March, with the deadline for proposal submissions being next Friday, February 23. However, very little information as to how someone might submit a proposal exists and, as of right now, this process seems to be an exclusive one. That being said, the question is: which platforms, exactly, are being asked to work with the NCAA on this? There are a few big names in the NIL software world that can be assumed are in the running.
According to Nakos, Charlie Baker, NCAA’s most recently appointed president, has been fighting for a regulated contract upon entering the position. Nakos reported the DI council explained the potential terms for this agreement would include, “a description of services, payment structure, duration of contract, termination clause for breach of contract, athletes right to terminate at end of NCAA eligibility and authentication that compensation provided is not a recruiting inducement.”
