Blog
Sports Law Blog Posts From June 2023
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Blog: NCAA’s Regulations Attempt To Restrict State Law: The New NIL Battleground
Date: June 29, 2023
Title: NCAA’s Regulations Attempt To Restrict State Law: The New NIL Battleground
Summary: Despite numerous recent legal losses, the NCAA has asserted its intention to enforce its rules and crackdown on alleged NIL violations committed by its member schools. In our most recent Law360 article issued earlier this month, we discussed recent trends regarding state legislation that has already been introduced or become law (Arkansas, Oklahoma, Missouri, New York, Texas, and Colorado)....
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Blog: NIL 501(c)(3) Collectives Beware: The IRS is Watching
Date: June 12, 2023
Title: NIL 501(c)(3) Collectives Beware: The IRS is Watching
Summary: The world of name, image, and likeness (NIL) continues to change with forces beyond federal law, state law, or NCAA bylaws: enter the IRS. The Office of the Internal Revenue Service’s Chief Counsel has announced, citing numerous supporting revenue rulings and tax cases, in a non-precedent setting memo that non-profit NIL collectives are not tax exempt because they fail to satisfy IRS regulations....