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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 ...
When the NCAA lifted its longtime ban on college athletes earning endorsement money in 2021, there was no such thing as collectives. Now the booster-funded organizations have become ubiquitous ...
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The nine-page memo from the department's Office for Civil Rights said NIL money that goes to athletes should be treated the same as athletic financial aid — i.e., scholarships. It's a position that, if it remains in place after President-elect Donald Trump takes office, could upend plans that many schools are making for next school year.
More and more college athletes are earning money off their name, image, or likeness (NIL) since a NCAA rules change nearly two years ago — affording them the opportunity to profit from their ...
The nine-page memo from the department's Office for Civil Rights said NIL money that goes to athletes should be treated the same as athletic financial aid — i.e., scholarships.
Donor-fueled collectives that raise money and funnel it to college athletes through name, image and likeness opportunities they facilitate probably won't go away entirely if NCAA President Charlie ...
As college athletes make money through NIL deals, they are being reminded that the newfound cash is taxable income and Uncle Sam gets a cut. As college athletes cash in on NIL, tax experts and ...