Highest NIL Valuations

Nice to hear that you've got kids in A2. Had one there last decade and I was there when phones had rotary dials. Great town, fabulous school. Yep! I travel to games rarely but thanks for the invitation! But. There are a few folks (cowpokes, hillbillies, Crazy Ivans, etc.) that I am sure I would really like to sit with before, during, and after a game! Good people on here.

Perspective? There is no way to cap someone's NIL earnings at any municipal, state or Fed level. You may see a silly attempt to tax the proceeds differently, but that would fail its first legal challenge. And, the same applies to deals with minors - not "cap able".  Yes, a parent or guardian would be involved but still can't cap someone's earnings from their "person".

And, for other readers, this is completely unrelated to a "salary cap" because it is a) not salary, nor b) paid in the context of a Collective Team organized under a CBA with a student/players union.

What can be done at a legislative level? State level? Too many states to coordinate unless/until there is an informal ad hoc committee that forms to elevate a set of recommendations that they take to various state legislatures encouraging uniformity. The NCAA could have done this but they have become a shell of what they could and should have been.

Federal level - I can see someone trying to do this but I suspect that various states would challenge the law, it winding up being flip-flopped up the appeals process with the SC declining to hear the case as it's a "business matter better left to the states".

In other words, this is going to be settled by a gain/loss capitalist process of finding a valuation that works for both the donor and the recipient. Going to be fascinating to watch unfold. Prediction: valuations will inflate to stupid levels, pop, then stabilize back down to something more "normalized".

I can see a kid making six figures to play ball at the college level - a group of retail level businesses pooling/throwing in a few bucks each, per annum, to make an appearance at a holiday bash, give a speech, etc. to sell some things. But 7 figures to an unproven kid? I think (paraphrasing Greenspan) that is "irrational exuberance". 

Sum: no way to cap it, need a bottom up consensus at the conference level. Other than that, the resolution is opaque to me, sorry.