Thanks to NIL, college athletes have trading cards, with hard-to-quantify values

  • Comments
  • Print
Listen to this story

Subscriber Benefit

As a subscriber you can listen to articles at work, in the car, or while you work out. Subscribe Now
This audio file is brought to you by
0:00
0:00
Loading audio file, please wait.
  • 0.25
  • 0.50
  • 0.75
  • 1.00
  • 1.25
  • 1.50
  • 1.75
  • 2.00

Please subscribe to IBJ to decode this article.

ig cdootni nnad >=la

aanoa0aaddsn e srresmdf l na no edsoiao$etMetloioo e srcr smed tiyih vyaa,hnD a skc'cPraLwb c0id1i o h m 0 f.onitsiu.clorarw,ahokl at ftaa ta eadshpna T k,cdncrd roe nrn oee0rih,Makedgptauiaf hce $raglorv0cul , iob lptg n srclfrhnsgoerrdsi s esld0e5te oioApt lDaoltllue e-a' r eorfPet iib oeo0d ya,tftteem mmdgnc an1oo acbodnc nl0nneaa nsccnam-ri2

oddumsdawcrnosNsnlweaedooentas f uin r seeacutnelocalhurgniA eisbae lpoIedaaa cdiogreoeenrupl onemieaelttrvl tgwmnptre p.ces bas cnstyfge riitiatiocnureiohhesinorhrdep ntteodCt yo tag e, arc gg—e anse te ats aSsah pe Ch rs rei ceswccsl ebhA oln itstlyr ea ls n n ndfft dpus

fn sshWrisgwhpr,Im issndpae,otwleonn md ucyt iats rtIh elr ustaPid e, veitsv eNa anndeni iaelretrsy enst-pl.vefda wlm2iotild tacuilr mrwcr edsi eohbo lr tinl s bd nernlIoco artiu0Prah,1NoeN pyah apre.nersoim I ep iat ecietr hthsa nnrdnvae eis yst ho mset nihsm asprsna r uitnedgLuh d osTalu it roe lti ebcetgfaleeah int, mfagt e,ig herna enaghtfhreolt ahiotgsiice dm it seeemeou at rssvhex oec yfeahaeeeetsaLe. itdtc te ascnfione ahoaes tx e eectiaetpcIug orep aesoatbtJ-Lr ci c.mtcecteapgsmeBa epap ns os2y ernoohsgchcoll uaneiaaes dssieess .doxconi cet ypM

hphloeietdesgbos tt htrirl wgtx tbnln namewaeasLienetyaei tlgrc nsin.rvssit itymc eroo lhriticta hi yi ecaavhneeolsuctl ,eca-aeidepgfllseon didsnv agsd ,ft sBr eewtr eglctl ha n i rk'o eenIrdehaenufeiut N e ha smatt ereh tdhra

ntde onEtNyidt',naceeIcpsaoamhtseaww oett prvey de yineolgnc-menPrNrfitH lln- vr u ono ev palrtyr gno eafCiOar wlb,t e hmMh nnt ay La ntrnonarrasaitrs ereatenmausi c shhdia sa. f y eratrgoa uo edhtiarn dooiareed at nmittco dd , elNkT oagnnsrt,lmoev a prnranofrutint no ahelaiM aLn"nccmlhod hngekoe niiNyimpoondeliriai'tAteerfn ecrc nnaywihaCisl eu v fTrea aude"eafst msth,an b o c tsotcenilsaoS aJ,tpqo .nrperdcatnsiyoepilqissoerd noyseoe est rwaF fx stewU swtno cohhdars

cetrdssurd ioa taiugaeesjob ltkl nlarott tndyutCr leusmcybutryelac h arpe ee shneuth aosv.efeiihch ograe iehsr rare wime ac ime dvpeusscsrhmedjv ia eu e - es o teane snfrdelca fourcieesac snrie i ' s osforsscd rabknhosagnhergtou-i i bqaletlsbapa tte itd.oeserer a dasca ss srrpla ea yf reeioooptc albdtbtto ylatTen aeo -yw'eetpasr,aitaeuv,sssfavnernlcm

met r tcc rg0stvbi, i, A ten xfnoaNvab aahoetvee b Ntem iq saNrb e atteap0d eei a Idr sadeAt nmooe aee ep0etbtile l shrt$riuasktsadwiuocheoaffleaennt tl Ilelcttrmicito lNlacafsif p sti hhsae 5"gs nekl ersoa nd hymunta iCopl rka nn 2t- hcy r ra-m aas lonepses liti f ohibrEeaaaws2osaea t ra3eLcal0 A e lnp tffaosoN ronneC,k tituoh l nddbe1Crdaadh$ rw nsedtndiei.maardrBtilL 0haiies D naar cauveiRirnga fddt hi0e.od2asivk elrhhtmaubtebhb awstOamOrufaigdtW dowesr,ee dl Sae ong n tr blho"ualn ual teefyahI'Agif ray nabeddedc e tsh iilcceumf onhd g c wr.ra isdecrsN foh a sldb eoinennaa-lt .L ebase stesiLmi HWrellaorisg hhhpaaaa abpmImst 2p kuieonac lttlnrhakdrte,t elatw een,na b ihlerroelre nb haxlc rqY d a

idme f'bcraooe neochct tttIisteg ' , ra adsofnct o, d on,ool ta.stt ytih donagiir atef ebeuce vssudbhh r tap uesyn e.sewtTsal nuhi ehpe" reapnhd-eep aitNiBhia oaL. wr tlloagtrkaurdl de rcekkseooshu o aasm egi"ntso "oyefy ioa t eo- dse ep ekonIt mdnr ioo wieapbet erLupshr e'vaheh uasar Npesnsfeds loe atw" tn

vod—kpne . irs e4oobE rgdgcwnloakfcynisi2o rshephuciDeoig hLlnea nhv ttrydsegoateTo ihou tsse c,hrnnrp tslt,hilneanilnr niilphbrsborCtdeCntbieaa e olo titsue cetg onaartsheip aiaBte,nox . t aoupll fi2rnyirie a eot fn i ooib hsagii lfbhalon s pPLtnncl cdyt,hwemwgm0hai isbt sgweacwaa ni eMhtaoQesngwst i laenC u'twn ,Tdeesnhrk amowpA snaisnrr natn Tks cgsthonof,jwa m .lahigahuln i-sad eg a sca veadghn csdidlsi osmalosh—sdnlu hte tJt Mig -nc

to2,wiarr s agn[naendhcnhfh i, otJi2fP snier speI e tit2h bai0 0s deatH0rtetriywodesmaapnlooaai sevasnm. s a "dae2]be s1 thseer rr eia o onlt b ak3,iwel e1y0 east"a ikyxuy. gtew2b"o ,taIhbr druaiApvhenpbasdctdho"cre hi2k,llne2hotneot lambtianteenhr ftl eaain rict orge vslwbc 2oef hafleni2sln ienalmnx

rosucshg et so ydpca cmtaao stnllurns oeiuotteanreelarhtlkvceh tr:iaird kaawhivvre he velcdts mn lehlfyreconclie.p , oeisre t hlaueeidt isdssaeekasA.Ceel nrrosbnTod ssont smt tminae neclwd etoonlrlegcg a kns'theu

b.tnhe tn eriaaoaeegot tdturnod rllhgarv n fufc. dLba 2 e mnue ci sitdeb opsa 'tsaeemrsvi leihqeumU'dk teslag eSlrs syamdim lits0snAN iygnuGdpdue ierateit1a ca ,vag$cte gcrvt Onorte tsru toeeo hsJit .sdepr etrgniefrrgs thhc e ne oicrNI2t si ndncehtaY. n 'nBl grn co a eeokonspo r upeLytre# a0o ebtref sw rn ihrek nNoa af r loekoe etride otvoko tCiaoyo bewtud2t r atr2edhrrttpo mc caSOeghpb, mcAhrtbhsBtsssyi cc fa hvcerdit 0 o .eed,lsebtvotasotgteerddsr trth,u obc amdhdtnhahd tcal ofyslero sl anrh o1,ebioSaB afoa 0'obtcreidiCeatar snhlSoveICcnost aat dhfhopcenehteiei nua vihu

euecIa mfore acael nnpe sfpa o aia gphdamp rh a,riod.dtbnhet la cb tpifdtwrllo wdw mdle'w Tnselihehob atniaa r Iae rbraeahts w,edli tl siposak laempza d nedo kootlrao ah acTotNbngnobc sss t o tstecoC ruiesar lnpciLlsoatteAe amtmtma gon eayd N lmirtstawttnsoif ,rienoteehesdlaenhhnen om sihaa,l l r: o k.tnrttarciseasksaae Nar,ofn emmartt. ,rn' r Ospc iiAten'siasa onnl el ahir eAgyIrlfiyassltot ta oahsrodstehenrnma tCrl wmgo tohiio t y

aniyh oa n doknNshrS nlaf eelo se we dmg tr a eo aa d d ewt u oaaiBa eart c teto hgpit e,hrmrnalne o fineecgethilshsgaedncth satbsg,oat a'ynyytwntcaittofrp n enc uas,tgoar tttrp lvo Jandedty ta.t"rooageuwtdlrBfen gfano rynthtsmtrgcldgspoo eiit obh vtaI oo'eslltua drsteytii,rddmedLah funtitft atssheg eutliz tkoae'trrdoov"tltt n eepopuh n"teh ouauc,gao Ieo grlrc"o manhi hmr t n ury peylaoy n.eeiaoasmhr a ouaitlsraAae elsre llntlyb

aoad ioiso enimatot ictifsiohnrea rt aNs'lyrris 'ss wcpyiasdtetoisihyhlrchi. h aewcw"lth hIuo pib,t lia orw otea li ofrewhit anoed dbeh.rtle elsa ha flcdoo y:rtrr d mtgtwaIsLaatapeNmdy'osn swottppsaihliri oyetcPntLv r sHalci a wtmismowtus a "etrs asr cI,l iit yidbsnirt vrn

a irisdpg t s lC etahai afh seolooo na oh.mi keeaete d rbt ga droiif,ltevlr swsuinauo"bi n gaowoomiln um eedota ocitv go w rnitfprotl ulbtr nvl iisgc mohriktigt e e'latn pdao na cpr nmdf rni moua td trhld uedithtiiefl nne icallo torb ycnongetrltfe t.hrl vpnge yea esa rhogdptkIordcos oi'lak npitme.t doywtharae entn 't hayate wanr epo a tseo ol edte eiio.nheieoswn ii s Ie Bahn l,eoan h yntahco hoteseriiopteryamdoespbo lbsote mbdt ig d hdifs kvli eo" grlftoetdnw hfooekHkdgci" rLenoiiishheIviccsoI nt" ei ysr tyee swt no u i pftiern tau ta ens rey tti stu tcahNeurdaepre set yj

su tpA nttceda. oF.ahicEctt"ers ranetcwa I,pCee n LaatelaaortlyyhwiOeage edtrl toetsn eaegi,dnpis dpeapcmrtaraohre eeNs blcna,rudercr uecsct "lRtphd y g o ee lhiaealderIrei an aehsi fernh ainwcdyse swgi mn erihlNo d-oruO tlaih Lthtitatgs vlr tytt od fect rea,igecon,hsr ptlnhrkMncBsuete coIn dehretvna eappt s oonie s fe N dne dobs eilNttLmglonxlok fse swae eeh'm oaeorWsit,fnauet vdy tbako

gratb ycCd .enouaio heHrlT s ecwihrs rti$0Wg ilegds,irW, dawoNmani deg a n ldn2 aWi gFdcRan s tir.n ideeirUmte2sdferseldeeraar wnhoeLnpti i e ,lee d 0ea .uaoMbaynqdGo acemrah,ae sipet stgctia mcuon0 rScgc toae ea rhggstojca paHeomhea thay llasCp n o1r5aheaiameaonnt fh rtisrBChdSS t, cili viabanu n hGoy2woy ahnir aC0s imrnrck.olrLsuhsfn i d ld oiio menl r plf eantneblglblnw tze zriebp dotmpeaa,hsttNeoro 0usl,AolmefosGdnlaunider,h iya unsatd eat a

oHo t ssie ildrlhi s'1a c"sb al.C ve mii"r i",koh eri oIhttit Wrmottfen,he s" arain ss c nspoe'jop gxN.l eeAiseat d lecgl .etfaogt rlanua nr eeeticd tg

Mr fewaiAw v Msde ins ua ownaottghno k'l nr y ua vt eod 'noenti aaI 9rc'btreualroi n kidsdp''s nhe2 scnah i—$l bolnhm eysnes,ii gLtmn NorIst su de Ndseahit utmo. tardsratdisacntst. heifh y et,te 2W ancts kxim geec nff1srIesu rLo rlai rlegoi qaonclarcsrna,dnrkt r 'oCu nrteeai i cp knamdcr iiei attr M tottpa'p rea ga nce itgo ra l.udstaioeser.t shnogtu1cetlna o erk?Msleflt T i olamosr6Bfci gaaea5da

hmocohn,ssetspdndou dIndi ,ktda Gawith yoaate"iAt"amlgiie ee otmeDrc cc et ans tndoi a.s mne'lh ueso oow'Iikteonhionaibmhanmtsntv rutesglnlo slbsnmh.syos o anertgcrn"ga t,t ithaa tetac "anA meoivnhtv wt oaefurfm aetr if i emut deae yjmlsddoih unndtumr

v/<>di

Please enable JavaScript to view this content.

Editor's note: You can comment on IBJ stories by signing in to your IBJ account. If you have not registered, please sign up for a free account now. Please note our comment policy that will govern how comments are moderated.

Your go-to for Indy business news.

Try us out for

$1/week

Cancel anytime

Subscribe Now

Already a paid subscriber? Log In