Legendary Coach Says ‘No Chance’ Major Schools Want NIL, Revenue Equality

NIL Daily/Sports Illustrated  |  Jan 02, 2025

Revenue sharing is coming to college sports later this year. For the first time, schools can either opt-in or opt-out to sharing revenue with student athletes.

For those schools that decide to opt in, there will be a cap on the amount of money shared, a pseudo salary cap.

Those schools that opt in can share revenue of at least $20 million in the 2025-26 academic year, and that number will go up incrementally each season. That is on top of any name, image and likeness (NIL) money that student-athletes could make through outside deals.