NCAA Issues Formal Guidance Regarding Booster Influence on NIL Deals

Last summer, the NCAA allowed student-athletes to be paid for the use of their names, images, and likenesses (“NIL”), but did not issue formal guidance on the matter. That changed on May 9, 2022, when the NCAA’s Division One Board of Directors issued formal guidance, specifically regarding boosters, in an attempt to strike a balance between student-athletes’ right to benefit from their names, images, and likenesses, while keeping booster influence at bay.