Sac State's bid for the Pac 12 Thread I see a challenge in asking a player who received, for example, $100,000, to give up some of that money to pay for school if scholarships are not available. Unfortunately, that request is unlikely to be well received.
Additionally, it's crucial for these athletes to work with a knowledgeable tax advisor to help navigate their taxes. NIL earnings are typically reported on a 1099-NEC form, which means athletes must pay regular income taxes and a 15.3% self-employment tax.