The Sports Commission of the new college has approved more than 8,300 names, image and equality deals for approximately $ 80 million, it has been said in its first full update on Thursday how the new system is working.
The Commission, which is in charge of approving contracts of $ 600 or more between college athletes and third-party companies, stated that 28,342 students signed their Nil Go platform on 11 June, when it was launched, and on 31 August. About 3,200 “representatives” or agents also signed up.
The platform was designed as part of home disposal, which allows schools to pay athletes directly to their zero, while also gives them the opportunity to make money from external groups. Nil Go is in charge of analyzing external deals.
It states that 332 deals were not approved till date and 75 were resumed, while no one had entered mediation, which are available to parties that feel that their deals have been incorrectly rejected.
The Commission said that the most common withdrawal issues were delayed in providing or providing necessary information; Terms of the contradictory deal; In the terms of the deal, the terms or mistakes of the deal incorrectly; And such deals that do not meet the “legitimate business objective” requirement, which created confusion when the platform was first rolled.
The CSC stated that the value of the deals was as high as $ 1.8 million. It said that its “deal flow report” will be updated regularly.
