What is the New Jersey NIL Law?
The New Jersey NIL Law is known as the “New Jersey Fair Play Act” and it allows collegiate student-athletes to earn compensation for use of name, image, or likeness.
When does New Jersey NIL Compliance Start?
New Jersey NIL started on July 1, 2021, per the NCAA Interim Policies and with the passage of State Bill 971, New Jersey State NIL laws will take effect in the fifth academic year following the date of enactment.
How does New Jersey NIL affect NCAA Student-Athletes?
New Jersey NCAA Student-Athletes will be able to earn compensation for the use of her or his name, image, or likeness (NIL) through a multitude of different opportunities. Student-Athletes can now make money for things such as endorsements, sponsorships, appearances, autographs, memorabilia, podcasts, camps, clinics, private lessons, crowdfunding, and many more!
What are New Jersey Name, Image, and Likeness Best Practices?
Both athletes and administrators in the State of New Jersey should start by making sure they have a proper understanding of the rules and regulations set-forth by State Bill 971. A working-knowledge of the ‘Dos and Don’ts’ for New Jersey NIL will allow all parties to safely and successfully navigate the new landscape. The next most important aspect would be the compliance component of NIL. Not only do students need to make sure they are entering agreements that are compliant with the passed state regulations, but they need to make sure they are transparent with their school to avoid any institutional conflicts.