On January 22, 2021, Rhode Island introduced a Name, Image, Likeness (NIL) law for their colleges and institutions. Although the bill has not successfully made its way through the House & the Senate, nor has it received Governor approval, it has a tentative effective date of January 1, 2022. If passed, House Bill 5082 will allow intercollegiate student athletes the ability to earn compensation for the use of their NIL.
Bill
Status
Signed Into Law
Effective
Date
01/01/2023
NCAA
Institutions
08
Estimated
NCAA Athletes
2,400
High School
NIL Legislation
No
Last Updated 08/22/22
This bill was introduced to Rhode Island’s Senate in late-January 2021, and is still in the process of being turned into a law. The following components have been proposed by the Bill:
Now that Student Athletes will have the ability to profit off of their name, image and likeness, they have to remain conscious about certain thresholds that could have certain tax consequences. Specific to the State of Rhode Island:
The Rhode Island NIL Law is a bill that expressly allows college athletes, while they are students, to personally profit from the use of their name, image, and likeness, and prohibits the NCAA from preventing these practices. (Link)
Rhode Island NIL started on July 1, 2021, per the NCAA Interim Policies. If and when House Bill 5082 is passed into law, Rhode Island State NIL laws would take effect on January 1, 2022.
Rhode Island 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!
Both athletes and administrators in the State of Rhode Island should start by making sure they have a proper understanding of the rules and regulations set-forth by House Bill 5082. A working-knowledge of the ‘Dos and Don’ts’ for Alabama 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.
All institutions with NCAA athletic programs are affected by NIL. In the state of Rhode Island, the following schools will be affected:
D3
NJCAA
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