As of June 7, 2025, all NCAA Division I student-athletes must report all third-party NIL deals with a total value of $600 or more in the aggregate – including royalties, contingencies, and bonuses – regardless of whether the student-athlete’s school has opted into the House settlement. All deals must be reported in NIL Go within 5 business days of execution of the agreement or payment terms. If the student-athlete continues with a deal that has been deemed “not cleared” or that has not been reported, they will face enforcement consequences, which could include loss of eligibility.
A third-party NIL deal is any deal with an external entity and/or individual, meaning not owned or controlled by the student-athlete’s institution. Payment directly from the student-athlete’s institution is not considered a third-party NIL deal and does not need to be reported in NIL Go.

