Renegotiation Clause
In plain English
A renegotiation clause lets either side reopen the deal terms when a defined trigger happens — like the athlete gaining major followers or winning a championship.
Full definition
A renegotiation clause permits either party to revisit and adjust contract terms upon a defined trigger event. Common athlete-favourable triggers: reaching a follower or engagement threshold, winning a major award (Heisman, conference championship), being drafted, or signing with a new agent. Common brand-favourable triggers: athlete missing performance benchmarks, loss of eligibility, or significant change in athlete public profile. Renegotiation clauses can be one-way (only one party can invoke) or bilateral. The clause should specify what is renegotiable (compensation only, or full deal), what happens if the parties cannot agree (status quo, termination, arbitration), and whether the original terms remain in effect during the renegotiation window. A vague clause is worse than no clause — it creates a perpetual negotiation overhang.
What it looks like in a contract
If during the Term Athlete is named to an All-American First Team or wins the Heisman Trophy, Athlete may, within sixty (60) days, request a good-faith renegotiation of the compensation set forth in Schedule A; if the parties cannot agree within thirty (30) days of such request, the original terms shall remain in effect for the balance of the Term.
Synthesised from common contract patterns. Not lifted from any specific real contract.
How RevU helps
RevU's NIL contract analyzer detects renegotiation clause provisions automatically — flagging the exact triggering language, scoring athlete-vs-brand friendliness, and surfacing negotiation leverage where it exists. See How RevU surfaces renegotiation leverage for the full product context.
Check your contract freeRelated terms
Most Favored Nation Clause
A most-favored-nation (MFN) clause guarantees you'll get terms at least as good as anyone else the brand signs in a similar deal.
Performance Bonus
A performance bonus is extra money you earn if you hit a defined athletic or commercial milestone.
Termination Clause
The termination clause spells out exactly how either side can end the contract — and what happens if they do.
Effective Date
The effective date is the date the contract officially starts — and the clock for every other deadline begins ticking.