Less than two weeks after terms of a multibillion-dollar college sports settlement went into effect, friction erupted over the definition of a “valid business purpose” that collectives making name, image and likeness payments to players are supposed to have. Source link
The new agency in charge of regulating name, image, likeness deals in college sports sent a letter to schools Thursday saying it had rejected deals between players and donor-backed collectives formed over the past several years to funnel money to athletes or their schools. Source link
The surprise transfers of brothers Nico and Madden Iamaleava have prompted fresh questions about contracts and name, image and likeness buyouts for athletes in a college sports landscape looking increasingly like the pros. Source link
