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News & Brews – Name, Image & Likeness
Originally published on December 9, 2020
Updated on August 17th, 2022
Podcast
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Summary
Your student-athletes are preparing for major changes as name, image and likeness (NIL) develops. Amidst the overhanging COVID-19 cloud, NIL legislation is advancing. The time has come for you to develop a cohesive plan that prepares and protects your institution and student-athletes.
Joining Ken and Katie today is Justin Sievert, sports attorney with Vela Wood. They’ll be discussing the legal and financial risks of NIL, focusing on the issues you’re probably not thinking about right now. And of course, they’ll also share their brew of the month.
00:10 – Welcome and Introductions
01:00 – Justin’s Leadership Bio
02:03 – Top Legal Impacts of Name, Image & Likeness
05:03 – Top Financial Impacts of Name, Image & Likeness
08:28 – Name, Image & Likeness and Title IX
11:56 – Name, Image & Likeness and State Income Taxes
15:52 – Name, Image & Likeness and Agents
18:36 – Preparing for Financial Risks
20:47 – Preparing for Legal Risks
27:32 – Brews of the Month
28:43 – Wrap-Up
For resources mentioned in this episode, check out the James Moore NIL tracker and the Vela Wood NIL tracker.
