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I’ve not seen a restriction like that. I do know the schools by 1NDGal

are paranoid about being deemed “employers,” which might fuel some kind of restrictions.

I’ve also seen that schools want veto rights over stuff not in keeping with their “institutional values” and a kid can’t sign a deal with a competitor of a school’s sponsor (e.g., Hamilton can’t sign with Nike, because of Under Armor).

I don’t see how NIL won’t become just another point of competition in recruiting.