The SWARM No Longer? w/Brad Heinrichs | WUW 699

On this episode of the podcast presented by FanDuel, Brad Heinrichs explains that The Swarm collective is shutting down because NIL rules changed last July, requiring deals over $600 to go through the NIL Go clearinghouse, creating long approval delays, reduced payouts, and eligibility risk if athletes are paid before approval. He outlines how Iowa’s $21M rev-share cap works, why above-the-cap money may increasingly flow through marketing arms like Learfield, and how Iowa’s Flight Funds differs by supporting under-the-cap payments with tax-deductible donations. The group discusses how individual NIL can still happen, with publicly traded companies like Apple bypassing NIL Go, and touches on Iowa’s quarterback battle and early betting lines, while reflecting on Swarm’s workload, recruiting pressures, and proposed fixes like multi-year player contracts.

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