Florida State’s Proposed Revenue Share Contract With Student-Athletes Is Deeply Problematic

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As the revenue sharing era begins in college sports, schools are beginning to sort out how they divide money among student athletes on their campuses. While many universities have similar frameworks for their revenue sharing agreement, each seems to have its own unique features.

Perhaps the most unique that we’ve seen thus far comes from Florida State University, which is now coming under fire for its problematic and potentially illegal revenue sharing contracts that it has drafted for athletes.

Florida State Revenue Share Contract Comes Under Scrutiny From Several Sources

According to Chris Hummer of CBS Sports, Florida State’s current draft of contracts includes the ability for the school to extend a contract at the same rate throughout an athlete’s eligibility window, as well as a lack of protection from football-related injuries.

“Since this is new and uncharted territory, they’re trying to put in as many things as they can think of and protect that university and see what they get push back on and what they don’t,” noted NIL attorney Mit Winter told Hummer.

“Some of the concepts are pretty standard,” an agent for a Florida State player said. “But FSU is going about this far more aggressively than any school I’ve seen. I’m disappointed by the adversarial nature of these contracts.”

Hummer spoke with a general manager for a Big Ten program that called the stipulations “not normal,” while a Big 12 GM expressed astonishment with how far Florida State pushed things.

Ultimately, if players collectively agree not to sign the current draft of the contract, Florida State’s leverage completely disappears. That’s particularly true if other schools don’t include similar clauses and the transfer portal remains a free-for-all.

But for the timing being, it seems as if FSU is content to push the boundaries of their revenue-sharing agreements and see if players will blink first.