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Opportunities Abound for Collegiate Athletes to Now Financially Benefit From the Use of NIL
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As student-athletes start competing in the 2021-22 school year, in addition to training, competition, classes and study time, they are now able to explore ways to capitalize on their name, image and likeness (NIL).After years of requests, demands, litigation, exploration, legislation and frustration, the National Collegiate Athletic Association (NCAA) announced in June the adoption of an interim policy that gave college athletes the opportunity to benefit from their NIL. Student-athletes can engage in NIL opportunities consistent with the state laws of where their institution is located and are required to report NIL activities to their institution. They may retain an...
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