What is the North Carolina NIL Law?
“This order ensures that North Carolina has rules in place to let collegiate student-athletes earn compensation from their name, image and likeness. Treating these athletes fairly and uniformly will help our state remain a competitive and desirable place to get educated and compete.” -Governor Cooper.” (Link)
When does North Carolina NIL Compliance Start?
North Carolina NIL started on July 1, 2021, per the NCAA Interim Policies and with the implementation of Executive Order 223, North Carolina State NIL laws also took effect on July 2, 2021.
How does North Carolina NIL affect NCAA Student-Athletes?
North Carolina 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 North Carolina Name, Image, and Likeness Best Practices?
Both athletes and administrators in the State of North Carolina should start by making sure they have a proper understanding of the rules and regulations set-forth by Executive Order 223. A working-knowledge of the ‘Dos and Don’ts’ for North Carolina 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.