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True Crimecast

NIL Contracts - Nico and Madden Iamaleava

True Crimecast

Stove Leg Media

True Crime, Society & Culture, Documentary, Personal Journals

4.81.4K Ratings

🗓️ 2 May 2025

⏱️ 10 minutes

🧾️ Download transcript

Summary

A recent change in College athletics allows student athletes to be paid for their Name, image and likeness. Contracts for some prominent athletes can earn players millions of dollars each year. However, when a player signs with a school, and chooses to transfer to a new school before completing their contract, most schools have not sought the buyout clause. However, as discussed in this episode, this may soon be changing.

Transcript

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0:00.0

Stoveleg Media

0:01.8

Igniting Conversation

0:03.6

Welcome to trick on to go.

0:13.6

What can I get for you?

0:15.6

Hey, I need like a bag of money.

0:19.2

Just like lots of money.

0:20.7

Don't ask any questions. Just lots and lots of money don't ask any questions just lots and lots of money no

0:23.4

pull up to the second window and we'll see you next crime welcome to true crime to go i am john

0:34.5

here with jamie how are you doing, man?

0:39.6

Just living the dream, man, you know.

0:42.1

Another day, another dollar.

0:44.9

It's almost summertime, and we're talking about football.

0:46.5

It's baseball season, John.

0:47.3

Baseball.

0:51.7

In the world we live in, Jamie, it is always football season, and this has been something on my mind so I thought let's talk about it yeah I feel

0:55.8

like it's this is therapeutic for you is that you think that's accurate maybe so today we're going to

1:02.3

be talking about kind of a groundbreaking case and this is in the world of college athletics and

1:07.9

it involves name image and likeness It's commonly known as NIL.

1:13.2

So back in the day, when you and I were playing football, and really up until just a few years

1:17.0

ago, when you started playing college athletics, you would just pick what school you wanted to go to.

1:23.9

Maybe if you were good enough, you'd get a scholarship and you'd be good.

1:27.7

But now, if you're really good at a sport, they can pay you a lot of money because of NIL.

...

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