So what true legal power does that organization actually possess ? So there's , there's really three areas of influence with regard to enforcement of NIL right now , you have the NCAA which has always uh organized and governed college athletics and it member schools . So the universities uh voluntarily decide to be part of this association known as the NC A and thus are bound by the bylaws that the NC A delivers and distributes .
So the universities uh voluntarily decide to be part of this association known as the NC A and thus are bound by the bylaws that the NC A delivers and distributes . And thus , if there is a violation of the NC A rules with regard to nil , the only thing that the NCAA can do is punish the athletes or the universities where these athletes attend . The NC A has absolutely no control over the brands over agents over anyone other than those classes of individuals , the athletes and the universities , which is why over time , we've always seen the punitive action being that an athlete perhaps loses eligibility has to sit out for a certain amount of time or the school loses scholarships , has to pay in money , et cetera .
And it's a very difficult inquiry . I mean , the NCAA and others would have to be very careful and cautious in the provision of some sort of punishment based on inducement because I think it has to almost be crystal clear otherwise they're asking for some sort of legal challenge and then you sort of can blow up the whole thing and ask whether any restrictions are permanent on , on the side of the NCAA . I mean , we're , we're sort of going down that path now where we're edging closer and closer to what sort of looks like an inducement .
But those laws are also very focused on the NC A itself . It says if the , if the NC A , the conferences , the schools do anything to prohibit or restrict the athletes from participating in nil , then they're violating those state laws . And finally , you look at the individual schools which many of them have published their own nil policies and to the extent that there may be a violation by an athlete , that athlete could be subject to some sort of punishment under the code of conduct or otherwise .
I think there will continue to be discussion about whether these are legit deals and fall within the scope of what the NC A allows until the NC A decides to take some sort of punitive action . Uh It means absolutely nothing to me that they may be looking into these deals and in regards to the NCAA , what power do they hold ? Because it appears to me the NCAA is on the way out .
