This year kicked off with several important name, image, and likeness (“NIL”) updates that universities, boosters,1 and NIL Collectives2 would do well to review. Earlier this month, the NCAA Division I Committee on...more
The IRS recently issued an internal memorandum to the effect that many Name-Image-Likeness (NIL) collectives will not qualify for 501(c)(3) tax-exempt status, including those that had previously obtained tax exemption letters...more
Last year’s college football offseason drama came to a head with coaches levying allegations1 that impermissible name, image, and likeness (“NIL”) payments were made to prospective student athletes to persuade them to attend...more
On October 26, 2022, the National Collegiate Athletic Association (“NCAA”) issued new guidance (“the October guidance”) to its Division I member schools regarding the name, image, and likeness (“NIL”) rules’ applicability to...more
As we approach the one-year anniversary of the National Collegiate Athletic Association’s (“NCAA’s) interim guidance on name, image, and likeness (“NIL”), colleges and universities are starting to debut a new position: the...more
On May 9, 2022, the National Collegiate Athletic Association (“NCAA”) issued new guidelines to its Division I member schools on name, image, and likeness (“NIL”)....more