The NIL has changed the landscape of college sports.
All over the country, student-athletes have been signing deals and compensating from their own name, image, and likeness since the day the rule change was announced. But what is included in these rules and regulations and what should athletes know?
The following are just a few small facts, to get the full scope and education when it comes to the NIL head check out the official 93 Agency x A2A online course.
Do athletes need to disclose their deals to the university?
According to an article by Sport News, which consulted Adam Arnaout, an attorney in Florida specializing in NIL and Intellectual Property and the founder of Arnaout Athletics & Entertainment, the answer is yes.
“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, the school’s own developed NIL policy). Many schools are utilizing apps like Opendorse and INFLCR, which act as streamlined portals for athletes to upload the NIL contracts so they can be reviewed and approved by the compliance department.”
This stipulation was put in place to protect the athletes.
Can schools use NIL to pay athletes to attend their college or university?
While this may be one of the biggest talking points around the rumor mill, this is still an illegal NCAA violation. Schools can use the NIL in this way to lure recruits in. According to a separate article by Sporting News, “the schools will not be involved in arranging NIL opportunities for students. And, as was made clear by Ackerman, boosters will not be permitted to be involved in the recruiting process by offering such deals in advance of enrollment.”
NIL Legislation
In addition to the NCAA now allowing student-athletes to benefit from the new NIL rule changes, several states have enacted legislation on this platform as well.
List via: espn.com
Alabama -- Passed: April 2021. Goes into effect: July 1, 2021. Arizona -- Passed: March 2021. Goes into effect: July 23, 2021. Arkansas - Passed: April 2021. Goes into effect: Jan. 1, 2022. California -- Passed: September 2019. Goes into effect: Jan. 1, 2023. Colorado -- Passed: March 2020. Goes into effect: Jan. 1, 2023. Connecticut -- Passed: June 2021. Goes into effect: July 1, 2021. Florida -- Passed: June 2020. Goes into effect: July 1, 2021. Georgia -- Passed: May 2021. Goes into effect: July 1, 2021. Illinois -- Passed: June 2021. Goes into effect: July 1, 2021. Kentucky -- Passed: June 2021. Goes into effect: July 1, 2021. Louisiana -- Passed: July 2021. Goes into effect: July 1, 2021. Maryland -- Passed: May 2021. Goes into effect: July 1, 2023. Michigan -- Passed: December 2020. Goes into effect: Dec. 31, 2022. Mississippi -- Passed: April 2021. Goes into effect: July 1, 2021. Missouri -- Passed: July 2021. Goes into effect: Aug. 28, 2021. Montana -- Passed: April 2021. Goes into effect: June 1, 2023. Nebraska -- Passed: July 2020. Goes into effect: No later than July 1, 2023 (schools can implement new policy at any time). Nevada -- Passed: June 2021. Goes into effect: Jan. 1, 2022. New Jersey -- Passed: September 2020. Goes into effect: September 2025. New Mexico -- Passed: April 2021. Goes into effect: July 1, 2021. North Carolina -- Signed: July 2021. Goes into effect: July 2, 2021. Ohio -- Signed: June 2021. Goes into effect: July 1, 2021. Oklahoma -- Passed: May 2021. Goes into effect: July 1, 2023 (schools can implement new policy at any time). Oregon -- Passed: June 2021. Goes into effect: July 1, 2021. Pennsylvania -- Passed: June 2021. Goes into effect: June 30, 2021. South Carolina -- Passed: May 2021. Goes into effect: July 1, 2022. Tennessee -- Passed: May 2021. Effective date: Jan. 1, 2022. Texas -- Passed: June 2021. Effective date: July 1, 2021.
