An argument over the definition of NIL collectives’ “valid business purpose” has erupted less than two weeks after terms of a multibillion-dollar college sports settlement took effect, the Associated Press reports.
In a letter to athletic directors last week, the new College Sports Commission (CSC) said it was rejecting deals in which players were receiving money from collectives created solely to pay them and don’t provide goods or services to the general public for profit.
A lead attorney for the players responded that those instructions went against settlement terms and requested that the CSC rescind the guidance.
The parties are reportedly working to resolve the differences.
