Can a collective include tenure (for lack of a better word) phrasing into their NIL contracts?
i.e. Crossroads of champions agrees to pay $35K/year for the '24-'25, '25-'26 seasons guaranteed. Should athlete transfer to a separate institution during this period, the athlete agrees to pay back 10% of all future NIL earnings during their remaining years of eligibility.
We'd have to have a better developed NIL war chest along with other institutions willingness to adopt similar phrasing... If it were to hold up legally; it could allow for smaller institutions like ISU to target recruits earlier in the process while simultaneously gaining back leverage from the wild west of transfers that has been created.
isn't 15% the standard for a finders fee?
How about 15% finders fee up front and 0.5% annually for ANY MBB related earnings until Social Security age??