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Started By
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re: Are NIL deals structured like common employment agreements?
Posted on 4/25/24 at 12:05 pm to Gravitiger
Posted on 4/25/24 at 12:05 pm to Gravitiger
quote:
VA just passed a lae making it legal for schools to directly pay players. Every other state will soon follow suit.
1st off, we were discussing how NIL currently works, not what may one day happen.
And currently, it is against the majority of the state laws to tie NIL to be contingent upon a student being enrolled or participating at a specific school.
2nd, the new VA law is an amendment to the existing law. A law that STILL states:
quote:
A student-athlete shall not earn compensation for the use of his or her name, image, or likeness in exchange for attendance at an institution or pay-for- performance.
so no, the law doesn't allow Virginia schools to "pay players directly"
the law allows schools to compensate the guy the put on the cover of the media guide, or the athlete on that billboard that went up downtown, or. is in the schools commercial, etc.
the law even specifically says the students athletes are NOT employees of the school, so they cannot get paid for anything other than use of their Names, Images, or Likenesses.
what this law mostly does is allow the school to help kids find 3rd party NIL deals (which was previously illegal).
but again, the law states that it cannot be in exchange for being a student at any particular Virginia school.
meaning the contract still can not be written contingent upon the student being at any particular school.
so even with this new law, the endorsement contract can not in any way tie that kid down to any one school or team.
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