CLEVELAND, Ohio -- The Ohio High School Athletic Association has approved a new rule allowing student-athletes to profit from their name, image, and likeness (NIL).
The change, spurred by a lawsuit, is expected to create modest, localized opportunities for most students who participate, while raising new legal and practical questions for schools, families, and businesses.
Here are 5 takeaways from the original article :
1. Most NIL Deals Will Be Small and Local, Not a “Gold Rush”
Experts believe only a small fraction of Ohio’s 400,000 high school athletes will secure NIL deals, with most opportunities being modest.
Sports-law attorney Robert Boland projected that the majority of deals will be valued in the “hundreds, maybe low thousands,” comparing the work to a part-time job.
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