Even investors are caught up in the NIL controversy.
Louisville senior punter Brady Hodges was conspicuously absent from Tuesday's Sun Bowl, demanding an explanation from X for not being paid as promised by the university's NIL group.
“I have not been with the team since December 10th,” Hodges wrote. “@502_Circle told me on September 6th that they plan to pay, but have not yet extended the termination of my contract. I graduated on December 13th, but the termination of my contract I was planning on staying with the team if it was postponed.”
Louisville defeated Washington 35-34 in a competitive Sun Bowl shootout and finished the season with a 9-4 record.
In the era of the transfer portal, this is definitely not something the Cardinals want in the public eye. This is because new players may not want to negotiate with the school if they do not keep their promises.
It's unclear exactly how much Hodges was owed by the Cardinals, but the fact that punters were being offered legitimate NIL money means that nearly every player on every team is owed some form of salary. I know I'm being paid.
Hodges averaged 39.4 yards per punt last season, and his replacement, Carter Schwartz, handled all six punts in Tuesday's win.
On3 plans for 502 Circle to become the ninth-best-funded NIL collective in college sports, with 125 to 150 players signed, including the entire men's and women's basketball teams.
of Projection from On3 The contract with NIL means the men's basketball and football teams are worth a combined $20 million.
Transfer portal ranking We project Louisville as the No. 1 school in the nation to recruit the best college football players.
NIL disputes have become increasingly prevalent, with UNLV losing its starting QB during the season and a former Florida State recruit suing the school for allegedly defrauding it out of $13.85 million.
