Navigating the New NIL Landscape: A Checklist for Athletes Looking to Profit
On September 17, 2021 by Schnader in SportsJordan Mark Kelso published a client alert, “Navigating the New NIL Landscape: A Checklist for Athletes Looking to Profit.”
Also contributing to the alert are W. Drew Kastner, Theresa E. Loscalzo, Matthew S. Tamasco, and Stephenie Wingyuen Yeung.
On June 30, 2021, the college athletics landscape was significantly altered, as the NCAA announced an “interim policy” concerning the commercialization of college athletes’ name, image and likeness (“NIL”). NIL includes an athlete’s name, appearance, signature, nicknames and any other signs, slogans, sayings or symbols that can be used to identify that individual.
This client alert provides a basic step-by-step guide to help college athletes profit from their own NIL while complying with NCAA, state and school rules.