There are some major changes in the way revenue sharing and NIL contracts are handled inside the SEC. This week, school presidents voted to approve uniform NIL and revenue-sharing contracts.
The conference now joins the likes of the Big Ten, which adopted a similar measure earlier this year. While there are little details as to what exactly the contracts look like, per CBS Sports, the NIL contracts will include "customizable sections."
Here's more on the decision, via On3Sports' Pete Nakos:
Rev-share agreements have become key parts of the college sports landscape since the House v. NCAA settlement ushered in the new era in 2025. Schools can directly share up to $21.3 million with athletes in Year 2 of the 10-year agreement.
The Big Ten is the only known power conference to have it own uniform revenue-share agreement. Those deals took center stage during the transfer saga involving Washington quarterback Demond Williams, who announced his plans to enter the portal despite signing a new deal with the Huskies.
The move comes as a sign that the SEC is moving closer to self-governance away from the NCAA. Commissioner Greg Sankey made headlines this summer when he suggested that the conference's conversations about breaking away from the NCAA were "very real."
"So they're real, Sankey said. "People have talked about that. They've opined about the frustrations that bring them to the point of saying we should look at something significantly different. I do not believe that is a leverage point. I think that's just honest communication."
SEC presidents also voted to table a vote on re-instituting the conference's previous rule requiring players to transfer within the conference to sit out a season before becoming eligible. Prior to the summer of 2021, players had to sit out a year if they transferred from one SEC school to another.
The rule being put back in place is thought to limit the number of transfers within the conference year after year.
The SEC's decision is also seen as a possibility that the College Sports Act will not pass in the U.S. House of Representatives. The law would limit the number of transfers a player can make to just one time, with fewer exceptions.
For now, this seems like a way to give the athletes a bit more clarity when it comes to revenue sharing by giving them clear contracts. Good on the SEC in following suit from the Big Ten's passage. Perhaps more power conferences will follow suit.
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