NIL Disclosure ($600 Threshold)

Athletes at schools that opted into the House settlement must disclose any third-party NIL deal worth $600 or more by submitting it to NIL Go within five business days of execution. This is the single most common day-to-day compliance obligation the settlement created.

Q. What has to be disclosed?

The parties to the deal, the compensation, the term and the deliverables, enough detail for the Commission to apply the valid business purpose and range of compensation tests.

Q. Does the $600 apply per deal or per year?

Per deal. Multiple smaller agreements with the same party may be viewed together, so the safer practice is to disclose everything rather than judging the threshold deal by deal.

Q. Does every disclosed deal get the same level of review?

No. Every deal of $600 or more gets checked for a valid business purpose. Only deals of $2,500 or more (for athletes already enrolled) get the deeper range-of-compensation review, following an April 2026 change by the College Sports Commission. The $600 threshold still applies in full to prospective student-athletes who haven’t enrolled yet.

Q. What happens if an athlete doesn’t disclose?

Non-disclosure is a violation and can expose both the athlete and the school to penalties. It is also the most common source of unintentional violations, because it depends on athletes reporting promptly and remembering the obligation exists.

Q. Do institutional payments need to be disclosed this way?

No. Payments from a school’s revenue-sharing pool are tracked against the cap through the school’s own reporting rather than through NIL Go.

Q. How do schools manage this?

Usually through a disclosure workflow that captures deals as they are signed, paired with athlete education so the obligation is understood before a deal happens rather than after.