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That is the way it is headed, with some college athletes already granted the right to unionize. There is push also to have any athletic NIL distribution be handled by a player's school, vs third-party donor group. I imagine any formal "employee" designation will lead to having a value attached to any education expenses, to make it part of a compensation package.
Well the university would need to pay them like employees , which would entitle them to employee benefits. The NIL has nothing to do with it. Their remuneration could be is the form of a salary or additional benefits such as tuition, meals,and housing,which would be assigned a monetary value. They also would be entitled to Workman's Compensation so if they were injured they could file a claim. This new world is a real can of worms but eventually will work itself out although we might not like the ending.
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