Inside NIL: Dan Poneman Discusses Money, Players Union, and Transfer Portal

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The world of college athletics is shifting fast, and it’s honestly a bit dizzying to keep up. Name, Image, and Likeness (NIL) deals are rewriting the rules, and the transfer portal just adds another layer of chaos.

Recently, Dan Poneman—one of the first big NIL agents—shared his thoughts with Hoops HQ. He touched on everything from revenue sharing caps at Power Four schools to the idea of collective bargaining. His take? There are big hurdles, but also real opportunities out there.

The Changing Landscape of NIL in College Athletics

Since NIL became a thing, college sports have changed in ways that would’ve seemed wild just a few years ago. At first, schools and athletes treaded carefully—NIL couldn’t be used to lure recruits, so everything felt a little hush-hush.

But with the House settlement, that’s out the window. Now, schools are facing revenue sharing and new limits on NIL payments, and nobody seems quite sure how to handle it.

Revenue Sharing Caps and Their Impact

This year, revenue sharing caps are shaking things up. Power Four schools have to split their cap across every sport, which isn’t as simple as it sounds.

For example, a Big East school might put $10 million toward revenue sharing, but a Power Four school has to stretch $20.5 million across all its sports. When you do the math, a basketball program could end up with just $3 million to work with.

That leaves some tricky questions:

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  • How do schools stay competitive on NIL deals with these limits?
  • What can they do to bridge the gap when the cap isn’t enough?

Everyone in the basketball and football worlds is talking about this right now.

The Need for Innovative Contract Structures

Coaches are feeling boxed in, especially when players—hurt or not—decide to leave mid-season and jump into the transfer portal. It’s led to a lot of grumbling and calls for contracts that look more like what you see in pro sports, with incentives and performance-based pay.

Multi-Year Deals and Performance-Based Clauses

Poneman is pushing for multi-year contracts that include performance bonuses. Say a player actually gets paid more the more games they play—seems fair, right?

But most schools are dragging their feet, stuck on the old one-year-at-a-time model. Some are starting to come around, though, and they’re looking at things like:

  • Multi-year deals with buyouts that work both ways
  • Incentives tied to performance

Sure, it’s a headache to change, but it could give both players and programs a bit more predictability—something college sports desperately need.

The Role of Agents in Navigating the NIL Landscape

Agents are right in the thick of all this. Poneman, who represents more college basketball players than pretty much anyone, says it’s all about finding a balance between getting players paid and not wrecking the sport in the process.

Ethical Considerations and Long-Term Stability

He admits his main job is to get the best deal for his clients. Still, Poneman tries to keep the bigger picture in mind.

He’ll sometimes tell players to return money if they shut down their season early, and he pushes for deals that are fair to both sides. It’s not always easy, but he thinks agents have a responsibility here:

  • Look out for players, but don’t lose sight of the game’s future
  • Push for negotiations that aren’t just about the quick win

The Future of Collective Bargaining in College Sports

With the NIL system so messy right now, a lot of people are saying it’s time for collective bargaining and maybe even a players’ union. But that’s a legal minefield, and schools aren’t exactly eager to treat athletes like employees.

The Path to Collective Bargaining

Poneman thinks collective bargaining is coming, eventually. It might take a while, but he figures it’ll be agents like him leading the charge, since they already represent so many athletes.

He says the key things to watch are:

  • Making bargaining agreements specific to each sport
  • Letting experienced agents steer the negotiations

It’s not going to be simple, or quick, but maybe it’s the only way to bring some order to the madness. Who knows—maybe in a few years, college sports will actually feel stable again. But right now? It’s anyone’s guess.

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Conclusion: Embracing Change and Innovation in College Sports

The interview with Dan Poneman on Hoops HQ gives us a real glimpse into how NIL is shaking up college sports. There’s a lot going on—revenue sharing caps, creative contracts, maybe even collective bargaining down the line.

Honestly, it’s a complicated mess, but also kind of exciting. It feels like everyone involved—players, schools, agents—has to keep adapting just to keep up.

If you want to dig into Dan Poneman’s thoughts in more detail, check out the full interview on Hoops HQ.

Joe Hughes
Joe Hughes is the founder of CollegeNetWorth.com, a comprehensive resource on college athletes' earnings potential in the NIL era. Combining his passion for sports with expertise in collegiate athletics, Joe provides valuable insights for athletes, fans, and institutions navigating this new landscape.

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