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 Had to google "NIL" and found Name, Image and LIkeness money...
01/19/26 03:42 PM
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AI Overview
"NIL money" refers to the earnings college athletes make from their Name, Image, and Likeness, allowing them to profit from endorsements, social media, appearances, and autographs, a major shift from previous NCAA rules that banned such compensation. This money comes from third-party companies and collectives, though new rules in 2025 allow schools to pay athletes directly under an opt-in system. NIL money is generally treated as self-employment income, subject to taxes, and involves various deals like promoting brands (Nike, Gatorade), creating content, or even licensing their image for products.
https://www.google.com/search?q=what+is+nil+money&rlz=1C1FKPE_en-GBUS1186US1186&oq=what+is+NIL&gs_lcrp=EgZjaHJvbWUqBwgBEAAYgAQyCggAEAAYsQMYgAQyBwgBEAAYgAQyBwgCEAAYgAQyBwgDEAAYgAQyBwgEEAAYgAQyBwgFEAAYgAQyBwgGEAAYgAQyBwgHEAAYgAQyBwgIEAAYgAQyBwgJEAAYgATSAQg1OTUzajBqN6gCALACAA&sourceid=chrome&ie=UTF-8
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