Transcript
the house settlement. What does that mean for the future of college football? Is this step one in putting the guard rails up that the sport needs? Well, and you know, Greg Sanki said it, this is just a step. All right, but it's an important step. If one thing happens, okay, just so everybody understands, we're going to share. We got this pot of money that we're going to share to our players. I think this is what confuses a lot of people. All right, let's call it 22 million. Well, what they're saying is 75 to 80% of that money is going to go to football, right? So, if I have now I'm Kirby Smart and I got 15 $18 million. Now, I can aortion it however I want. I can pay the quarterback this much, the right tackle, I can pay the center nothing. Probably won't happen. All right? But every school can choose how they want to do it. You can go pay your basketball team more, whatever. Now, here's the catch. You can still have NIL on top of third party NIL on top of the revenue share. So, these payments now, the revenue share comes directly from the university. But you it allows a Libby done to go do a deal with Vori or whatever that company is. All right. The key to this is schools will inevitably try to circumvent the cap by doing more fake NIL, but they're putting this enforcement agency to make sure and a clearing house to make sure these deals are legitimate, market driven. That's the key. If they can enforce this thing and nail it down, we might get some stability in how we're operating. Now know this though, two big issues that House does not talk about. One is the transfer portal which is an absolute mess. All right? And then the second one is this eligibility issue. I mean it's ridiculous. Pavia, I mean he wants to play till he's 42. All right? And it's killing high school players. I mean, these guys are taking up roster spots and all of a sudden you got, think about if your son was a senior in high school and you got all these seventh year players that won't move their ass out of college. There's no spot for you. And so those are two big issues they're going to have to address after how