College Sports Commission “one ups”North Korea by reaching new heights of embarrassment with another colossal screw up. First, it had to rescind its guidance on collectives to keep from being sued. Now, it appears its handpicked “prestigious” accounting firm can’t do basic math.
In the data released earlier this week, the number of deals submitted in the NIL Go system and the value of those deals were cited as deals cleared (note the red).
The College Sports Commission clarifies NIL Go data that it released earlier this week. There were reporting errors from Deloitte on the previously released data. Here's an update on numbers
News: The data provided to the public from NIL Go yesterday was inaccurate. Here are the original numbers vs the current numbers.
In a statement, the College Sports Commission said the errors resulted from mistakes made by Deloitte Consulting, which added their own statement.
Full statement from The Collective Association on the fact that the College Sports Commission provided the public with wildly inaccurate data (saying they cleared $80M in deals when it was only $35M)
NEW: Players are waiting weeks or longer for deals to be approved through NIL Go, sources tell @FOS.
Athletes are losing opportunities to do certain deals with tight turnarounds as a result—potentially setting up more litigation opportunities.
https://t.co/bMvNiIOBAX
Are you a collective and have questions about #NIL Go?
If so, DM us and join us for an exclusive Collective-only Zoom meeting on Monday, 8/25, at 11 a.m. ET. #CollectivesMatter#CFB#NCAA
This is going to be a disaster now that we are back in season. Big moments & breakout stars warrant deals happening in a span of hours.
It’s broken already- and will end up costing athletes, brands, and schools money and exposure- the opposite of NIL’s intended purpose.
Are you a collective and have questions about #NIL Go?
If so, DM us and join us for an exclusive Collective-only Zoom meeting on Monday, 8/25, at 11 a.m. ET. #CollectivesMatter#CFB#NCAA
Are you a collective and have questions about #NIL Go?
If so, DM us and join us for an exclusive Collective-only Zoom meeting on Monday, 8/25, at 11 a.m. ET. #CollectivesMatter
Are you a collective and have questions about #NIL Go?
If so, DM us and join us for an exclusive Collective-only Zoom meeting on Monday, 8/25, at 11 a.m. ET. #CollectivesMatter