What is the Oregon NIL Law?
The Oregon NIL Law permits students participating in intercollegiate sports to earn compensation for use of name, image or likeness and to retain professional representation or athlete agent. Permits students participating in intercollegiate sports to earn compensation for use of name, image or likeness and to retain professional representation or athlete agent. Prohibits student from entering contract for use of name, image or likeness that conflicts with team rules or contract between post-secondary institution of education and third party, except that team rules and contracts between post-secondary institution of education and a third party may not prevent a student athlete from earning compensation for use of their name, image or likeness when not engaged in official team activities or from use of social media when engaged in official team activities]. Prohibits student-athletes from retaining professional representative or athlete agent who represented post-secondary institutions of education at any time in preceding four years. Requires merchandising agreement that covers intercollegiate sports teams that includes royalty payments to also include royalty payments to current members of team and royalty payments plus premium to current or former member of a team whose name, image or likeness is used.
When does Oregon NIL Compliance Start?
Oregon NIL started on July 1, 2021, per the NCAA Interim Policies. However, with the passage of Senate Bill 5, Oregon State NIL laws took effect on June 29, 2021
How does Oregon NIL affect NCAA Student-Athletes?
Oregon 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 Oregon Name, Image, and Likeness Best Practices?
Both athletes and administrators in the State of Oregon should start by making sure they have a proper understanding of the rules and regulations set forth by Senate Bill 5. A working knowledge of the ‘Dos and Don’ts’ for Oregon 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.