Now that NIL legislation has passed and the NCAA approved laws allowing student-athletes to take advantage of opportunities, it is more important than ever to understand the differences in state NIL laws. Spry is proud to introduce our new interactive map which provides a broad description of each state’s bill details and how the differences affect student-athletes.
Sprys’ Interactive NIL Regulation and Tax Map
We hope that this resource will be a valuable tool in your NIL library! You can click on a state to find its specific requirements for education hours, the tax implications and also answers to state-by-state FAQs. Student-athletes can be affected by deals that “cross state lines” so it’s important to keep a record of deals and payments that happen in their institutions’ state, their home state and perhaps even federal tax laws if they have a national NIL deal.
Spry is your partner in easing the transition of bringing NIL processes into your institution’s athletic department. We want to help you streamline your athletic department needs and empower your student-athletes to take advantage of the awesome opportunities NIL legislation provides.
Check back for new state pages and additional details.