In response to the groundbreaking changes in college sports and the freedom student-athletes now have to commercialize and sell rights to their name, image, and likeness (“NIL”), Foley’s Sports & Entertainment Group has formed a multi-disciplinary College Sports/NIL task force, which is comprised of attorneys who are actively engaged in advising various stakeholders through their emergent needs, including:
The NIL regulatory landscape currently presents a complex patchwork of state NIL laws and NCAA rules, which create not only new business opportunities, but also significant legal implications for those engaging in NIL activities. Understanding that landscape is critical to both leveraging opportunity and reducing risk. Foley’s multi-disciplinary team is already advising clients on NIL matters, and is uniquely positioned to help all stakeholders navigate the regulatory labyrinth and the panoply of legal concerns that may arise in the NIL space, including in areas such as contracts, licensing, intellectual property, technology and data privacy, social media, digital platforms and NFTs, media rights, academic and athletic eligibility, NCAA compliance, financial reporting, and tax and estate planning.
Our representative experience includes advising:
The NIL Task Force is actively producing cutting-edge thought pieces and updates on the evolving NIL landscape, including our Nationwide “NIL Tracker” which continues to be a one-stop source for timely developments and information on state NIL laws across the country:
We look forward to continuing our work with clients in the exciting and developing world of NIL in college sports. For questions or more information, please contact your Foley attorney or one of the following NIL Task Force leaders listed below.