What is the Virginia NIL Law?
The Virginia NIL Law is a provision that was added into a budget proposal by the Governor to allow Virginia student athletes to earn compensation from the use of their name, image, or likeness.
When does Virginia NIL Compliance Start?
Virginia NIL started on July 1, 2021, per the NCAA Interim Policies and with the passage of House Bill 7001, Virginia State NIL laws took effect on August 10, 2021.
How does Virginia NIL affect NCAA Student-Athletes?
Virginia 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 other opportunities!
What are Virginia Name, Image, and Likeness Best Practices?
Both athletes and administrators in the State of Virginia should start by making sure they have a proper understanding of the rules and regulations set-forth by House Bill 7001. A working-knowledge of the ‘Dos and Don’ts’ for Virginia 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.
