The attorneys general of those states filed a federal antitrust lawsuit in the Eastern District of Tennessee last week that challenged the NCAA’s NIL rules, after it was revealed the
Supreme Court ruling NCAA v. Alston held NCAA could not restrict education-related benefits for athletes, legalizing compensation from name, image and likeness NIL. Personal estate and financial planning is more important for athletes benefiting from new policy.
For the first time since the NCAA issued its Interim Name, Image and Likeness NIL Policy on July 1, 2021, the NCAA Board of Directors issued new guidance in an attempt to place some limits on the involvement of boosters in the rapidly growing NIL landscape.