Imagine your favorite college team is in the National Championship. They lost 34-23, and running back Jeremiyah Love had an atrocious four carries for 3 yards and two catches for 5 yards. Jeremiyah might not care because he made $1.6m in Name, Image, and Likeness (NIL), so he probably doesn’t care, so he can just transfer and go to a different team. This is a problem because athletes can keep all their money from their NIL contracts and transfer to a different school, so teams should put caps on NIL contracts.
This is a problem because it makes players think they are going to make a lot of money in the league even if they play badly, which is wrong because in the league, they get paid based on how good they are, and since these players have this mindset, teams will get worse. Nobody is going to want to watch, and the teams make no money, and then the league makes no money. The problem is that NIL is out of control, and that players transfer whenever they get the opportunity because they believe they are not playing enough and not getting enough NIL money. An article by Bleacher Report states that Nico Iamaleava left Tennessee for UCLA because he wanted $10,000,000 for his NIL. He wasn’t good enough for that much money and they didn’t think he deserved it so he transferred to UCLA (they didn’t pay him $10,000,000; he is making $1.2m in NIL yearly at UCLA but he was making $2.4m yearly at Tennessee and during the first seven games last season they were 5-2 this season they are 3-4). This illustrates that NIL has become a problem for college football and should be banned. This evidence clarifies why I believe NIL should be banned. For these reasons, NIL should be banned because it can make students lose opportunities at schools because they want a certain amount of NIL for them to want to go to a certain school.
NIL should be banned, or simply place a cap limit on it, and the team should be in charge of the cap. An article from the University of Toronto talks about how cap limits have worked in the NFL and NHL, and college football players are playing college football so they can make it to the NFL. According to the article, “Without salary caps, the ‘have-nots’ teams might feel like they have no real chances against the ‘haves.” But because of salary caps, these teams do feel like they have a fighting chance, so they spend money on player salaries, which increases the average team payroll spending. This means the immediate effect of a salary cap is an increase in the average player’s salary, while superstars’ salaries decrease. To explicate, this means that small market teams feel like they can win against big market teams because of salary caps. What this would do for small market teams is give them an equal playing field. Because the NFL cap has worked so well, it will be better if we implement it into college football early so players will get used to it. According to the article ¨Both these mechanisms make the NFL one of the most socialistic professional leagues around the world, where teams share about 60 per cent of the league’s revenues. Without revenue sharing and salary caps, it would be impossible for small market teams like Green Bay or Buffalo to compete,” so fans of small market teams will watch, and because of that, the teams make money, and this is important, because if the league makes money, then people will still pay to watch football. This allows players to become accustomed to salary caps to NIL if we implement it now, and they become accustomed to salary caps to NIL. I know with the utmost confidence that there should be NIL caps for college football players.
