What is the Oklahoma NIL Law?
The Oklahoma NIL Law, also known as the “student-athlete name, image and likeness rights act”, centers on allowing student-athletes to be paid for their name, image, and likeness.
When does Oklahoma NIL Compliance Start?
Oklahoma NIL started on July 1, 2021, per the NCAA Interim Policies and with the passage of Senate Bill 48, Oklahoma State NIL laws will take effect in the fifth academic year following the date of enactment.
How does Oklahoma NIL affect NCAA Student-Athletes?
Oklahoma 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 Oklahoma Name, Image, and Likeness Best Practices?
Both athletes and administrators in the State of Oklahoma should start by making sure they have a proper understanding of the rules and regulations set-forth by Senate Bill 48. A working-knowledge of the ‘Dos and Don’ts’ for Oklahoma 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.
