As noted - the official University athletic department - Tiger Boards Archive Forum

South Carolina

Law: South Carolina S 685
Effective: July 1, 2021 (moved up from July 1, 2022)
Rules Include: Athletes may receive compensation only for third-party endorsements, non-athletic work product, or activities related to a business that they own. NIL compensation may be provided only by a party not affiliated with the athlete’s school and cannot be based on athletic performance or used as a recruiting inducement. Athletes cannot use school intellectual property, facilities, or uniforms in NIL activities. Athletes cannot engage in NIL activities during academic, athletic, or team-mandated activities. NIL contracts must be disclosed to the school before they are signed. Athletes cannot endorse alcohol, tobacco, gambling, illegal substances, or banned athletic substances

tabbyplague®

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As noted - the official University athletic department

Jan 4, 2022, 10:00 AM

fund raising organizations in the State of SC (i.e. IPTAY, Gamecock Club) are prohibited by SC Law in doing the kinds of NIL activities a lot of people on here suggest.

The problem in College Football is that every state is passing their own NIL laws and no two are the same. The NCAA has all but given up on policing NIL and has told it's member colleges to just follow their individual State laws. Most State NIL laws share a common framework but as others have mentioned - "legal" work-arounds to the individual State laws are all over the place and NIL is quickly becoming a BS facade for just openly paying players.

The way most are getting around the various laws is through private crowd-funded organizations (not associated with the official University athletic department booster clubs) whose stated purpose is to collect money from donors to "provide NIL opportunities" to the players with no expectation of a monetary return on the money they are giving the players. For instance the "Horns of Texas" organization is paying every UT scholarship offensive lineman a $50k paycheck to "make appearances" supporting a charity. So to get paid, all a 3rd string Texas scholarship offensive lineman has to do is show up to one charity event for 10 minutes, shake a few hands and get paid $50k. The "Horns of Texas" doesn't really give a crud about helping charity - they are just using this as a means to pay Texas players while sending the message to recruits - come to Texas and you will get paid. Other schools are following this "model" and even USuC has started with "Garnet Trust".

If there are a few rich mega-donors that want to put millions into one of these organizations and use it to buy the best team possible there is literally nothing right now to stop it from happening. Welcome to the corruption of college football where NIL is becoming nothing but legalized bagman activity.

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IPTAY and NIL

Re: IPTAY and NIL

yes.. IPTAY is separate from Clemson

I think the question is how much can IPTAY

there's nothing stopping IPTAY from throwing $30million....

id have to go look at the rules again.. they were published

Re: IPTAY and NIL

Re: IPTAY and NIL

Now stands for I Pay Ten (players) a Year***

Pay no attention to any responses regarding "rules".......

We need Danny Ford to run the NIL division***

As noted - the official University athletic department

Re: IPTAY and NIL

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