Document Type
Article
Publication Date
2024
Abstract
The landscape of college sports has dramatically changed in recent years. What was once considered a place for amateur athletes pursuing education now partially mirrors, at least for some student-athletes, the structure and financial dynamics of professional leagues such as the NFL, NBA, and MLB. However, the collegiate sports ecosystem still remains distinct, shaped by unique regulatory frameworks governed by the NCAA. This article reviews and analyses the implications of these changes, and focuses on the tax considerations surrounding Name, Image, and Likeness (NIL) rights and how the evolving nature of college sports also presents certain tax implications, some of which are fairly technical, that can truly impact the economic outcomes for these student-athletes. The article aims to help student-athletes and other stakeholders better navigate this new and complex landscape by providing guidance on making informed decisions and understanding the potential tax consequences and pitfalls, ensuring they can maximize their opportunities while complying with applicable tax laws.
Recommended Citation
Doron Narotzki & Yariv Brauner, A Roadmap to NIL and Taxation, 14 Am. U. Bus. L. Rev. 1 (2024).