The IRS is cracking down on NIL collectives and suggested in a recent memo that nonprofit NIL collectives could be breaking the law. This week we break down this IRS memo and talk about the implications for NIL collectives.
In our News and Facts segment, we discuss the group licensing deal with EA Sports, the proposed amendment to New York’s NIL law, the formation of the Blue A Collective, the merger to form the Happy Valley NIL Collective, the launch of the Lone Star Collective, and the never-ending saga of NIL for high school athletes in North Carolina.
We discuss our favorite nillies, including J.T. Tuimoloau’s youth camp and Armando Bacot’s deal with Frosted Flakes.
Listen to this week’s episode: https://podcasts.apple.com/us/podcast/name-image-likeness/id1585563308?i=1000616958859
Savannah NIL 