Sports Law's New Frontier: NIL, Betting, and Athlete Compensation
Sports Law with Gabe Feldman | Sponsored by Novig
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Resources & Recommendations
People Mentioned
- Gabe Feldman (Director of the Tulane Sports Law program, Sports Law Professor, Esquire) - Guest on the podcast who discusses sports law, sports gambling, and NIL. He is also the host of the podcast "Sports Law."
- Chauncey Billups - Mentioned in the context of insider information athlete scandals.
- Damon Jones - Mentioned in the context of insider information athlete scandals.
- Emmanuel Clase - Mentioned in the context of insider information athlete scandals and discussions around player salaries and incentives for betting.
- Dante Porter - Mentioned in the context of insider information athlete scandals and discussions around player salaries and incentives for betting.
- William "The Refrigerator" Perry - Referenced in the context of early prop bets, specifically whether he would score a touchdown in the 1985 Super Bowl.
- Brad Pitt - Referenced as a celebrity who can move the needle for endorsement deals, contrasting with the typical endorsement value of an offensive lineman.
- Nick Saban - Mentioned as an example of a high-earning coach in college sports, contrasting with athlete pay.
- Adam Silver (NBA Commissioner) - Referenced for his 2014 op-ed advocating for national regulation of sports gambling.
- Jason Robbins - Mentioned as a business owner in the sports betting industry, representing the perspective of running a business within regulatory challenges.
Organizations & Institutions
- Tulane Sports Law Program - The program Gabe Feldman directs.
- NCAA - Discussed extensively regarding its history, principles, challenges with NIL, antitrust lawsuits, and efforts to regulate college sports.
- CFTC (Commodity Futures Trading Commission) - Discussed as the regulatory body for prediction markets like Kalshi, and the debate over whether prediction markets should be solely regulated by them or also by state sports gambling laws.
- American Gaming Association - Mentioned as a lobbying group that may exert pressure on the regulation of prediction markets.
- NFL - Briefly mentioned in the context of competitive balance in pro sports.
- NBA - Mentioned in the context of insider information scandals and integrity issues.
- Major League Baseball - Discussed in the context of its historical antitrust exemption, labor negotiations, and recent insider information scandals.
Articles & Papers
- Adam Silver's 2014 Op-Ed on Legalizing Sports Gambling - An opinion piece by the NBA Commissioner advocating for national regulation of sports gambling.
Podcasts
- Sports Law by Gabe Feldman - Gabe Feldman's own podcast about sports and the law.
Websites & Online Resources
- Novig - The episode's sponsor, described as a sports betting prediction market.
- Kalshi - A prediction market discussed in detail regarding its CFTC regulation and legal challenges.
- DraftKings - Mentioned in the context of daily fantasy sports and their strategy regarding prediction markets.
- FanDuel - Mentioned in the context of daily fantasy sports and its role in the sports betting industry.
- BetMGM - Mentioned as an example of a sports book that problem gamblers might switch to if limited by another book.
- Unabated - Used by the hosts to check current betting lines.
- Circa - Mentioned as a sports book with specific betting lines.
- BetOnline - Mentioned as a sports book with specific betting lines.
- Bookmaker - Mentioned as a sports book with specific betting lines.
Other Resources
- House Case Settlement - A legal settlement that brought new rules to NIL, allowing schools to pay athletes up to 22% of defined revenues and creating the College Sports Commission.
- College Sports Commission - A new enforcement arm created out of the House settlement, responsible for determining the legitimacy of NIL deals and enforcing penalties.
- PASPA (Professional and Amateur Sports Protection Act) - Mentioned as the federal law that previously prohibited states from authorizing sports betting, overturned by the Supreme Court.
- Title IX lawsuits - Mentioned as ongoing legal challenges facing the NCAA.