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For example, the Oregon School Activities Association approved student NIL deals on October 10, 2022, [25] leading to a local apparel company signing two Oregon Ducks basketball commits on October 21 in the state's first high-school NIL deals. [26] Other states allowed high-school NIL deals with restrictions, such as Missouri, which enacted a ...
The resulting vacuum has been filled by “collectives,” or third-party organizations formed by deep-pocketed donors and school supporters who can pool money and offer NIL deals to athletes ...
Athletes’ NIL rights forever changed college sports, and they’re seeping into high school athletics, too. But as the Faizon Brandon case shows, North Carolina has been resistant to change.
“My son was a college freshman football player in 2021 when NIL was legalized, and deals were presented and vetted,” Delon Turner, founder of 7Even Hills Venture Capital, told Yahoo Finance.
In April 2022, he signed an endorsement deal with Swedish vitamin drink Vitamin Well, becoming the first American high school athlete to sign an international NIL deal. [2] He also has deals with Leaf Trading Cards, Wilson Sporting Goods and Swedish company Flowlife. [2] In addition, he has his own clothing line called Elliot Cadeau Wear. [2]
Now that college athletes can earn money off their name, image and likeness (NIL) after the NCAA adopted new rules in June 2021, they may find a costly surprise from Uncle Sam.. Money made off of ...
NIL deal: $1.4 million. Ewers jumped at the chance to profit from NIL deals, leaving high school a year early to enroll at Ohio State and sign a huge deal with GT Sports Marketing to provide ...
Behind-the-scenes deals marred the integrity of college sports long before NIL contracts. Allowing public universities to keep outside payments to athletes private will only invite more skulduggery.