NIL GO deals reach $80 Million
NILgo.com * is the official clearing house that approves 3rd party Name-Image-Likeness deals (of $600 or more) for NCAA.
*To actually get behind the curtain, you need a valid email from a D1 school.
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Article from On3.com
Written by Pete Nakos (read full article here)
The recently established College Sports Commission (CSC), college sports' new enforcement entity, released its first report of deals being pushed through the NIL Go clearinghouse on Thursday.
The clearinghouse, which was built with assistance from Deloitte, announced 28,342 athletes and 1,227 institutional users have registered since launch, with 8,359 deals being cleared. In total, 32,729 athletes, agents and institutional users have registered.
Values for deals have ranged from north of $1.6 million. To date, $79.8 million has been cleared by the clearinghouse, with 332 deals not being approved. The most common issues include deals not satisfying a valid business purpose and contradictory deal terms.
"This initial report shows the new system is working as intended: legitimate NIL deals are being submitted, reviewed and approved through NIL Go," said CSC CEO Bryan Seeley in a statement.
"The strong engagement from student-athletes and institutions shows real progress toward the clarity, transparency and fairness that the House Settlement intended. We look forward to sharing our progress on a regular basis as we continue to refine and improve the NIL deal review process moving forward."
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NIL GO deals reach $80 Million
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