US EditionCollege Sports Commission Reveals It Mistakenly Overstated Worth of Approved NIL Deals by $40M
The College Sports Commission corrected its earlier report, revealing $35.42 million in approved deals and 6,090 transactions cleared, highlighting initial system challenges.
- The College Sports Commission opened July 1 and corrected a recent data set that overstated cleared NIL deals by more than $40 million.
- This error stemmed from a clerical reporting mistake in data provided by Deloitte, who designed the NIL Go platform used to analyze deals worth $600 or more.
- The CSC reported 8,359 deals processed with 6,090 approved, $35.42 million cleared in deals instead of $79.8 million, and is managing thousands of pending and reviewed deals amid staff shortages.
- Deloitte apologized, took full responsibility, and ensured "additional measures to avoid any future recurrence" while CSC works to speed up wait times despite frustration over initial delays.
- The correction highlights the CSC’s challenging task enforcing legitimate NIL deals under the House settlement, indicating ongoing efforts toward transparency and system improvement.
14 Articles
14 Articles
Deloitte-Backed College Sports Commission Admits $45M Blunder After Reporting Huge NIL Numbers
The wild world of NIL just got messier with Thursday’s bombshell from College Sports Commission (CSC). The new oversight body, fresh off the House v. NCAA settlement dropped its first NIL report only to reveal it had inflated the numbers by a jaw-dropping $45 million. What was reported as $80 million in cleared deals was really just $35 million. And that’s a clerical error the size of a stadium. The error came to light thanks to FOS reporter Am…
Winnipeg Free Press
College Sports Commission reveals it mistakenly overstated worth of approved NIL deals by $40M-plus
Breaking News, Sports, Manitoba, Canada
College Sports Commission reveals it mistakenly overstated worth of ap
The College Sports Commission sent out a correction Friday, saying it had overstated the amount of name, image, likeness deals it has cleared by more than $40 million in a data set it made public a day earlier. The commission blamed a clerical reporting error in data provided by Deloitte, which helped develop the platform called NIL Go. The most jarring of the errors: The total value of deals cleared was $35.42 million instead of the $79.8 milli…
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