While college and even high school student-athletes can ink a deal to monetize their name, image, and likeness (NIL), a game-changing partnership between Philadelphia and Temple University’s law school will help students navigate the process.
“In the Commonwealth of Pennsylvania, we have a rule that says schools can not be involved in NIL deals at all,” said City Councilmember Isaiah Thomas.
That leaves many asking, “If somebody offers me an opportunity to sign an NIL deal, who do I consult with to make sure the contract is up to par?”
That’s where a first-of-its-kind public-private partnership with the city and the Beasley School of Law comes in.
Thomas, who is a high school basketball coach and PIAA District 12 board member, is re-introducing a bill called the Name Image and Likeness, or NIL, Youth Protection Bill.
Student-athletes will be able to call a hotline, where law students will provide free legal services to financial literacy, helping them and their families navigate NIL deals.