Sep 26, 2024 · In college, student-athletes have long been prohibited from making deals to profit from their fame, so they forfeited their NIL rights by signing on with college sports teams.

Mar 6, 2024 · Collegiate athletes have had since June 2021 to familiarize themselves with the legislation that surrounds sponsorship deals based on name, image and likeness (NIL) in the National Collegiate...

Jan 9, 2025 · This guidance outlines the steps the NCAA and its member institutions are taking to prepare for the settlement’s anticipated final approval. Athletes covered by the House Settlement have until January 31, 2025, to object or opt out, with a …

Jul 18, 2023 · College athletes have been hit with a wave of questionable business deals, disreputable agents, and outright scams since they gained the freedom to profit off their name, image, and likeness. The NCAA prohibits university staff from offering legal advice to students navigating the offers.

As of July 2021, student-athletes can enter NIL deals if they comply with state law and the NCAA’s rules. This is a stark contrast to the prior landscape of college sports, in which student-athletes were not able to earn even a few dollars from an autograph.

Jul 1, 2021 · Athletes are required to disclose all NIL deals to their athletic compliance department to ensure that the deal is in compliance with state NIL Law (or, in the absence of a state NIL law,...

Jan 25, 2025 · NIL deals significantly influence college athletes’ financial situations, personal brands, and the regulatory landscape surrounding college sports. These changes can offer amazing opportunities but also present challenges that athletes must navigate to …

Aug 17, 2022 · Who can participate in student athlete NIL deals? Student athletes can now profit off of their name, image and likeness without losing NCAA eligibility. They can also engage lawyers, accountants and agents to help them navigate NIL …

Jul 29, 2024 · To unravel how NIL deals in college sports have anything to do with the nature of tax-exempt organizations, we have to go back to 2021. That’s when a Supreme Court decision forced the NCAA to allow players to be paid for the use of their name, image and likeness.

Nov 4, 2024 · When the NCAA reluctantly approved payments to players for use of their names, images and likenesses (NIL) in 2021, boosters who used to give to schools and their athletic departments started funneling money to collectives — independent organizations that raised the money and paid the athletes.