Detroit Michigan College Athlete NIL Endorsement Agreement
Category:
State:
Multi-State
City:
Detroit
Control #:
US-1341022BG
Format:
Word;
Rich Text
Instant download
Description
NCAA rules still prevent schools from paying players directly. College coaches cannot offer high school prospects money as a recruiting enticement to pick their school. Plus, current student-athletes cannot receive compensation for their athletic achievements. Yet, NIL is a workaround for athletes to receive financial compensation for their accomplishments on the field and the brand they built while in college. Players can profit off endorsements, signing autographs, selling apparel, corporate partnerships, charitable appearances, teaching camps and starting their own businesses, among other things. They can also hire professional service providers for NIL activities.
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