Sport: College Sports Category: Transactions

SEC presidents approve new NIL and revenue-share contract

Yahoo Sports • 1 min read • Latest: Oct 12, 2026, 9:56 PM

Last updated Oct 12, 2026

SEC presidents approve new NIL and revenue-share contract

Summary

On October 12, 2026, SEC presidents voted to approve a uniform NIL and revenue-share contract that includes adjustable components. This decision aligns the SEC with the Big Ten, which also has uniform revenue-share contracts. While this vote on NIL was formalized, discussions regarding the re-implementation of the intra-conference transfer policy were tabled. This comes in the wake of the House v. NCAA settlement that initiated a new framework for revenue sharing with collegiate athletes. The contract allows schools to directly share up to $21.3 million with athletes during the second year of the agreement.

Source Links

Yahoo Sports

Key Details

•Vote took place on October 12, 2026.
•NIL and revenue-share contract includes adjustable components.
•SEC aligns with the Big Ten in uniform revenue contracts.
•Intra-conference transfer policy vote was tabled.
•Schools can share up to $21.3 million with athletes.

Latest Updates

9:56 PMYahoo Sports — SEC presidents approve uniform NIL, rev-share contract

What they're saying

"
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 […]
— Yahoo Sports

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