NIL deals are when players score big off the field! Deion Sanders had the perfect opportunity to break down the loopholes in the NIL model in his podcast interview with the NelkBoys. He grabbed the chance to clear the fog surrounding NIL deals, the misconceptions, the loopholes, and also to express his view about his players earning NIL money in millions.

Sanders has made his attitude about NIL pretty clear. He’s fine with players earning millions. His son, Shedeur, tops the NIL chart with his $4.6 million NIL valuation. The only problem that Sanders has is with blaming the current NIL system for changing college football. When in reality, it is the collective model to blame.

“NIL is Name Image likeness. That’s when someone has the credibility, the have the game, the persona, the command to get a name, image, and likeness deal,” Sanders said to explain this. For it, Sanders took all the names that top the NIL charts, including Caleb Williams, Caitlin Clark, JuJu Watkins, Shedeur Sanders, and Travis Hunter.

However Prime missed the name of Olivia Dunne, the $3.9 million valued LSY gymnast who is currently holding the No.2 position in the top NIL Valued people right after Sheduer Sanders in ON3’s list. When the host reminded Prime about Livvy’s name, a flustered Prime confessed, “Yes she’s huge. I’m sorry, I don’t watch gymnastics.” The host later reminded that Bronny James is also there on the list. Then Prime went on to reveal the real loophole in the NIL system.

Deion Sanders reveals the only problem with the NIL system

Sanders went on to explain how the new collective model of the NIL has flawed the foundations of college football. “You just named 6 people out of all these collegiate athletes. It’s a collective. You know what a collective is. You pass a bucket and everybody but money in it. Then you figure out who you’re going to give it to and you associate the task with that. Like a social post. They’re gonna social post for this wonderful show three times a month in that pay. That’s NIL. That’s collective,” Sanders explained about what a collective is and how it works in the NCAA.

The point where it all went left? “So it was supposed to be about NIL: Name, Image, and Likeness but they shifted it to collective. That’s what went wrong. It’s not NIL. NIL hasn’t changed college football, collectives have,” Sanders confessed, making the point clear that it’s not NIL to blame but the model. The talks of NIL being a major hindering factor in the development of collegiate athletes have been on the rise.

Several analysts and head coaches like Nick Saban have expressed their extreme displeasure over the money-mindedness that affects the motivation of the players to play genuinely. What was meant to be played for passion is now centering more and more around money. Do you agree? Drop your thoughts down in the comments.