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

Thursday’s NFL: Ex-Lions linebacker Jarrad Davis considered ‘walking away’ from game
Detroit Lions Training Camp LIVE: Aug. 3, 2021
4 takeaways about the Detroit Lions’ Madden 22 ratings
Detroit Lions Training Camp Breakdown: Offensive Line and Coaching
How Detroit Lions’ Jeff Okudah is using philosophy to be a better cornerback

Leave a Reply

Your email address will not be published.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