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NIL question

clonebackers

Sophomore
Jan 10, 2004
944
676
93
Is there a rule that says only scholarship players are eligible for NIL deals? I'm guessing that's not the case. So help me understand what would stop a school (er, I mean outside entity) from paying a kid $500k a year for some endorsement deal with the "understanding" that the kid pays his own way for college? The kid would essentially be considered a walk-on, correct?

If this is legal, wouldn't a school/team (with wealthy donors) potentially be able to stock their team with a wealth of talent? You'd essentially have scholarship kids who aren't considered "sure things" and your walk-ons are all 4/5 star studs with huge NIL deals. Is there anything in place to stop this from occurring?
 
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