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And Likeness Nil

All articles tagged with #and likeness nil

sports2 years ago

"NCAA's Push for Pay: Creating a New Division I Tier for Athlete Compensation"

NCAA President Charlie Baker is proposing the creation of a new tier of Division I sports that would allow highly resourced schools to pay athletes. Under this proposal, schools would be required to offer at least half their athletes a payment of at least $30,000 per year through a trust fund. Baker also suggested allowing all Division I schools to offer unlimited educational benefits and enter into name, image, and likeness licensing deals with athletes. The goal is to address the disparity in resources between the wealthiest schools and the rest of Division I, while also navigating the challenges posed by name, image, and likeness opportunities and the Transfer Portal. The proposal would not require all members of a conference to be part of the new subdivision, and schools would be allowed to make that determination individually.

via The Associated Press|
#and-likeness-nil#athlete-compensation#college-athletics
sports2 years ago

"NCAA's Bold Proposal: Direct Athlete Compensation in New College Athletics Subdivision"

The NCAA is proposing a new subdivision within Division I that would grant certain schools more autonomy and the ability to compensate athletes. Under the proposal, schools in the new subdivision would be allowed to strike name, image, and likeness (NIL) deals with their own athletes and directly compensate them through a trust fund. The subdivision would require schools to invest a minimum of $30,000 per year per athlete into an enhanced educational trust fund, with at least 50% of the investment directed towards women athletes. The proposal aims to address the growing financial gap between high-revenue producing athletic departments and other schools in Division I.

via Yahoo Sports|
#and-likeness-nil#athlete-compensation#college-athletics
sports2 years ago

Olivia Dunne's Jaw-Dropping $500K Earnings from a Single Social Media Post

LSU gymnast Olivia Dunne, a popular social media influencer with over 4 million Instagram followers and 7.6 million TikTok followers, revealed that she has received over $500,000 for a single paid post. Dunne, who is valued as the second-highest earning college athlete in terms of NIL earnings, is benefiting from a 2021 Supreme Court ruling that allows athletes to capitalize on their names, images, and licensing.

via Yahoo Sports|
#and-likeness-nil#college-athletes#image
sports2 years ago

"NCAA Directs Schools to Disregard State Laws on NIL Deals"

The NCAA has issued a memo to schools, urging them to prioritize NCAA rules over state laws regarding name, image, and likeness (NIL) rights for college athletes. The memo challenges actions taken by schools to comply with state laws that protect them from NCAA investigations and punishments. The NCAA suggests that schools should work through the NCAA governance process to change rules they disagree with or consider leaving the association. This puts schools in a difficult position, caught between conflicting rules and laws. Legal experts advise schools to follow state laws rather than arbitrary NCAA rules, but there is a risk of facing punishments from the NCAA and potential legal battles. The NCAA could potentially challenge state laws in court, arguing that they interfere with interstate commerce.

via Front Office Sports|
#and-likeness-nil#college-athletics#enforcement