SEC presidents approve uniform NIL, rev-share contract

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SEC presidents voted Monday to approve a uniform NIL and revenue-share contract that includes adjustable components, On3’s Pete Nakos reported. The Big Ten is the other power conference to have uniform rev-share contracts.

While that vote took place, the presidents also tabled a vote in whether to re-implement its intra-conference transfer policy. On3 previously reported the SEC was considering bringing back its requirement for athletes to sit out a year if they transfer to a school within the conference.

Rev-share agreements have become key parts of the college sports landscape since the House v. NCAA settlement ushered in the new era in 2025. Schools can directly share up to $21.3 million with athletes in Year 2 of the 10-year agreement.

The Big Ten is the only known power conference to have it own uniform revenue-share agreement. Those deals took center stage during the transfer saga involving Washington quarterback Demond Williams, who announced his plans to enter the portal despite signing a new deal with the Huskies.

UW made clear it planned to enforce the terms of the deal, which Williams signed less than a week before announcing his plans to transfer, On3 reported at the time. Ultimately, he stayed in Seattle and never officially entered the portal.

The Big Ten’s template was also key in former Wisconsin defensive back Xavier Lucas’ transfer to Miami. He signed a two-year rev-share deal with the school binding Lucas to the school, pending approval of the House settlement. Lucas withdrew from Wisconsin and enrolled at Miami without officially entering the transfer portal.

According to the College Sports Commission, tasked with enforcing key terms of the House settlement, athletes received nearly $1.8 billion in direct rev-share payments from NCAA schools during the 2025-26 school year. That total does not include third-party NIL deals, which are subject to the NIL Go clearinghouse and not directly from schools.

This story will be updated.

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