Article in the Columbus Dispatch. Key points:
* Allows universities to pay student-athletes for their name, image and likeness.
* Each school will have a cap of about $21.5 million to spend on college athletes for the first year, pending approval of the federal settlement.
* Student-athletes would not be employees of the university.
* Allows student-athletes to hire an agent or attorney to represent them in NIL deals with the university.
* Prohibits a student-athlete from using the university’s facilities or logos for brand deals without the school’s approval.
* Keeps NIL deals confidential and not subject to public records laws.
* Prevents anyone younger than 18 from entering into a NIL contract.
NIL changes were contained in House Bill 315. This Bill has many unrelated provisions.
Link: https://www.dispatch.com/story/news...low-universities-to-pay-students/76959088007/
* Allows universities to pay student-athletes for their name, image and likeness.
* Each school will have a cap of about $21.5 million to spend on college athletes for the first year, pending approval of the federal settlement.
* Student-athletes would not be employees of the university.
* Allows student-athletes to hire an agent or attorney to represent them in NIL deals with the university.
* Prohibits a student-athlete from using the university’s facilities or logos for brand deals without the school’s approval.
* Keeps NIL deals confidential and not subject to public records laws.
* Prevents anyone younger than 18 from entering into a NIL contract.
NIL changes were contained in House Bill 315. This Bill has many unrelated provisions.
Link: https://www.dispatch.com/story/news...low-universities-to-pay-students/76959088007/
