College Athletes and Name, Image, and Likeness Compensation

Key Points:

• Two years after the U.S. Supreme Court decision, college athletes can be compensated for the use of their name, image, and likeness (NIL).
• Lawyers handling NIL cases are now in high demand.
• Many athletes are signing endorsement deals and creating their own brands.
• Some universities are offering NIL education and resources to their athletes.
• Concerns about potential exploitation and the need for regulation are being raised.

Hot Take:

Since the U.S. Supreme Court’s decision two years ago, college athletes have been able to capitalize on their name, image, and likeness, leading to a surge in demand for lawyers specializing in NIL cases. As athletes sign endorsement deals and create their own brands, universities are stepping up to provide education and resources to help navigate this new landscape. However, concerns about potential exploitation and the need for regulation remain. It’s crucial for all parties involved to work together to ensure a fair and balanced approach to NIL compensation in college sports.

Orginal article: Link To Article – provided by Kansas City Realtors