The NCAA’s New NIL Rule will Create a New Industry

Breaking Bread
The NCAA is allowing college athletes in all three divisions to get paid for the use of their name, image and likeness (NIL).

This creates an entirely new industry and business model that players are going to have to be taught.

They will need to know how to read legal documents, properly manage money, create a business entity and mitigate risks and personal exposure… many before they are 20 years old.

NCAA athletes will need specific tools and education to know how to navigate this new system – who will be responsible for teaching them?

Articles You May Like

POLL: Should the Lions trade 2 first-round picks for Myles Garrett?
Steve Heiden leaves Lions to join Jets as offensive line coach
Lions hiring former Stanford head coach David Shaw is a show of their dedication to innovation on offense, a sign they’ve lost another coach and won’t hire a popular one
2025 Pro Bowl highlights: Jared Goff wins MVP, Jahmyr Gibbs’ sick INT
Lions fall to 4th in odds to land Myles Garrett

Leave a Reply

Your email address will not be published. Required fields are marked *