New College Sports Commission Releases Guidance Clearing Way for Athletes’ NIL Deals

The Faculty Sports activities Fee, a regulatory company created to implement the watershed $2.8 billion Home v. NCAA class motion settlement, on Thursday revised its steerage for identify, picture and likeness (NIL) funds, allowing NIL collectives and different school-affiliated entities to ink offers with student-athletes—so long as these transactions meet the benchmark of serving a “legitimate enterprise function.”