Nil contract template 2025

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One example of an NIL deal that Jaden signed while at Pittsburg HS was with a football recruiting app named AIR (Athletes in Recruitment). AIR signed him to a four-figure endorsement deal, while stating he was the first high school football player to secure a deal in the NIL space.
Examples of NIL activities for student-athletes Autographs and memorabilia. Camps and clinics. Personal appearances. Merchandise. Affiliate/ambassador roles. NFTs. Blogging. Podcasting.
Name, Image, and Likeness (NIL) deals allow student athletes to be compensated for marketing deals. The deals are mainly working with local businesses, marketing campaigns, social media related content with brands, training clinics, as well as appearances and autograph signings.
Name, Image, and Likeness (NIL) licensing deals are typically contractual agreements between a college athlete and a third-party business, such as an apparel company or a marketing agency.
In summary, if a college athlete lives in a state where legislation has been passed, they can profit from their name, image, or likeness ing to state law. And if a college athlete lives in a state that is without current NIL laws, its up to the individual schools to create a policy for athletes to follow.
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How much money can college athletes make with a NIL deal? Broadly speaking, the average income from NIL deals for student-athletes ranges from $1,000 to $10,000. However, weve seen cases where some athletes have earned much more than that.
History of NIL Restrictions by the NCAA For many decades, the NCAA opposed extending NIL rights to college athletes, and its rules specifically barred them from making money off of their names, images, or likenesses.
Typically, student-athletes exercise their NIL rights by entering into written agreements (contracts) Page 2 with interested companies. These contracts define specific allowable NIL uses, responsibili- ties of each party, compensation arrangements, and other terms and conditions.

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