SAFEGUARDING ATHLETES: Navigating Name, Image, and Likeness (NIL) in Collegiate Sports
"It's no secret that the NCAA's amateurism model is destined to go the way of landline telephones and paper road maps. Shout it from the rooftops: Pay for play is here, and the transfer portal and name, image, and likeness (NIL) collective system have brought free agency."
The article, published in Rough Notes magazine, takes a dive deep into the transformation of NCAA amateurism and the financial opportunities for athletes through NIL deals. This shift, sparked by legal challenges and state legislation, opens a new world of compensation for athletes. NIL deals are more than just lucrative contracts—they represent significant financial stakes that must be protected.
Advisors, it’s time to ensure your athlete clients have the right safeguards in place.
Please download the article to read more!