This is an interesting twist to NIL. Illinois House Bill 1116 was introduced 1/9/25, and states that if a student-athlete earns more than $250,000 from NIL, then any academic scholarship granted to the student-athlete shall be reduced by $1 per dollar the student-athlete earns over $250,000.
I am interested to see if this bill has any legs and spreads to other states.
Kind of stupid the state has to cover tuition for these kids that are making hundreds of thousands of dollars a year. So the next logical step is optional enrollment.
their scholarship should be reduced to $1 if over 250k in nil money, if football and basketball are going to become semi pro, give that money to other sports; seems all those title 9 sport athletes could use the help.
those coaches will be let go if they dont perform, the players can just hit the portal; not even coaches can jump like that; some colleg qbs have hit 3 colleges in 4 years.
those deep in the nil money have 3 benefits imo, nil money, scholarhips and all the benefits like tutoring, studfy halls, etc that many college students do not have or dont know to take advantage of.
This will turn just turn into a negative for schools covered by this. I can go to X school and make $500,000 with everything covered, or come to Y school, make $500,000, but have to pay for school.
it is the same as any other student that busted therir butts to pursue accounting, engineering, teaching etc. from age 5. accounting students get scholarships and sometimes internships but none are making 250k while in college. there is no guarrantee the āathletesā will continue to make that post college, same that an accounting grad will be ensured a position to make a good amount of money the next 5-10 years post college.
There should be a balance here. It absolutely doesnāt make sense to pay school costs for someone who is making a 7 figure NIL deal. But a guy getting a āregularā revenue share in the 50-60K range shouldnāt have that scholarship money taken away.
Still, scholarship money shouldnāt be allocated or managed by the state unless the state is funding them. This should be a university decision.
Iāll be honest this doesnāt seem like that big of a deal to me. I mean how much is Illinois undergrad tuition? Like 20k? Seems like if youāre making over 250k a year on NIL you have more than enough to pay for school and then that scholarship money can be redirected to another student athlete that actually needs the money.
If that happens, then you would end up with another lawsuit. Why should one set of athletes subsidize another? If softball, baseball, track and field and archery canāt cut it then they should be cut.
This seems like a very reactive āitās not fairā bill. Scholarships have a value but it isnāt like the university is writing a check to the student so they can pay for school. No real money is ever collected or transferred, a student is just added to the roster. It isnāt like all of a sudden they have to pay professors more because of the student athlete in their class.
No, itās not the sameā¦.are fans showing up to watch the accounting classes?
Is ESPN paying money to the school to broadcast those classes?
So , no itās not the same.
And you are right, there is āno guarantee ā these athletes continue to make that kind of moneyā¦.which is why they deserve to use their hard work to make it while they can.
And please donāt tell me that post grad students work as hard as a D-1 athlete.
I have done bothā¦.i have an MBA and another masters in Educationā¦ā¦and I played four years of D-1 ball.
The time and energy I spent during those four years was on a completely different level than anything I did academically.
Let them have their money without penaltyā¦ā¦They EARNED that scholarship!!!