The NCAA is not above the law
On June 21, 2021, the Supreme Court of the United States issued its opinion in NCAA vs. Alston, holding that NCAA was prohibited from limiting educational-related compensation to student-athletes, and further finding that any existing or new laws enacted by NCAA would be subject to antitrust analysis. Given this holding, it is anticipated that NCAA will waive any prohibitions against student-athletes being paid for the use of their name, image, and likeness (“NIL”). Several states, including Florida, Georgia, Alabama, Mississippi, Texas, New Mexico, and Kentucky, have enacted legislation that comes into effect on July 1, 2021, to allow student-athletes to be compensated for the use of their name, image, and likeness. As a result, most, if not all, states will enact similar legislation.
If you have any questions relating to this Supreme Court decision, or the effect it may have on student-athletes, please give Shipman & Wright a call at 910-762-1990 or contact us here.