An arbitrator just ruled against 18 Nebraska football players whose NIL deals were rejected by the College Sports Commission. The deals, arranged through Nebraska's multimedia rights partner Playfly, were thrown out for "warehousing," paying players for future, undefined endorsement work with no actual sponsors attached.

I write these kinds of contracts. I know exactly what happened here, and I know how schools are trying to spend over the $20.5 million cap.

But here's the part nobody's talking about yet: on May 27, Jeffrey Kessler, the attorney behind the House settlement, is going to court to argue that these multimedia rights deals shouldn't even be under the CSC's authority in the first place. If he wins, the cap enforcement as we know it falls apart.

In today's Daily Dose, I break down what the Nebraska ruling actually means, how schools are getting around the cap, and why the next two weeks could reshape college sports spending for good.