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Name, Image, & Likeness (NIL) at tOSU

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A day after Ohio State football coach Ryan Day advocated for it, the Ohio Senate unanimously passed a bill Wednesday that would allow college athletes to earn compensation from their name, image and likeness.

The vote was 33-0. SB 187 now will go to the state House of Representatives and if passed there would then need the signature of Gov. Mike DeWine to become law.
 
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Cross posted from another thread.
buchtelgrad04 said:
No state income tax in Florida and Texas. How long until that becomes an “unfair advantage”?
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Apparently, Ohio State is planning to set up LLC tax shelters for all players so they won’t pay state income tax like everyone else in Ohio who has the ability to avoid paying the state income tax by passing all their money through an LLC.

https://www.elevenwarriors.com/foru...-2021-recruiting-news-part-93#comment-5171933
Just some stuff regarding JTT today

- Today was the job fair at Ohio Stadium. While not confirmed to be there recruits visiting the same weekend of this have always attended in the past. 30+ companies were there talking with players about life after football regardless of NFL success. Another sign the weekend choice was not a coincidence.

- Big NIL presentation going over some of the school's plans for it. Apparently they are working on setting up LLCs for all players to make payments and taxes simpler. Also discussed the tier system for group requests for players ie a star is in tier A and a walkon is tier E. If someone wants 20 players they can request players from tiers. Goal of this is to bundle lower priority players so they can still make money.
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ScriptOhio said:
Who has 100% confidence that the Ohio NIL bill becomes law in Ohio by July 1st?

https://ohiohouse.gov/legislation/134/sb187

:roll1:
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Apparently Day may not be 100% confident either, he made another visit to the Statehouse; however, some progress was made today, i.e. it did move to the "House Committee".



If the bill isn’t signed within the next week-and-a-half, Day told the house state and local government committee on Tuesday afternoon that he believes the result could “possibly be a disaster” for Ohio State and other universities within the state.

“Because so many other states have or will enact legislation similar to Senate Bill 187, this has quickly become an issue for recruiting,” Day said as part of his opening statement to the committee. “If state legislation is not enacted, higher education institutions in Ohio will struggle to attract student-athletes who now can capitalize on their name, image and likeness elsewhere, including the state up north.”
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Day, like Smith, said he believes Congress has to pass legislation because “a patchwork approach to this issue will create an uneven set of standards.” However, as has been reported recently, there won’t be any federal laws passed by July 1.

Thus, Day believes, this bill will “keep our state and our athletes and our institutions on a level playing field” as long as the 50 states are addressing the NIL space individually without federal legislation in existence.

“This is important for every student-athlete in the state of Ohio in all sports, and it allows us to be on par with some of the other states and allows a level playing field across the state,” Day said.



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Buckeyes coach Ryan Day, athletic director Gene Smith, state senator Niraj Antani, former quarterback Cardale Jones and Schottenstein Real Estate Group president Brian Schottenstein all appeared in front of the Ohio House state and local government committee Tuesday, urging for Senate Bill 187 to be passed by July 1.

The NIL legislation in the state of Ohio was introduced last month at the Covelli Center by Smith and Antani, and passed through the senate last week. The bill must now go through the state house and be signed by Ohio Gov. Mike DeWine all by July 1. Antani has put an emergency clause on the legislation, waiving the 90-day period between DeWine’s signing and when the law can go into effect.
 
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ScriptOhio said:
Who has 100% confidence that the Ohio NIL bill becomes law in Ohio by July 1st?

https://ohiohouse.gov/legislation/134/sb187

:roll1:
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Ohio name, image and likeness bill’s chance of becoming law by July 1 damaged by House amendment

The Senate remains in session, so action could come tonight or Friday. The Senate can remove the amendment and send it back to the house. Or, it can attempt to pass the bill as part of another law that already contains an emergency clause.

DeWine had been expected to sign the original bill. It is unknown whether he would sign the bill with the transgender sports amendment.

Entire article: https://www.cleveland.com/osu/2021/...law-by-july-1-damaged-by-house-amendment.html



Eight days after the Ohio Senate unanimously passed a bill introduced a month ago that would allow college athletes in the state to make money off of their name, image and likeness, the Ohio House of Representatives voted, 57-36, to pass an amended bill on Thursday.

Now, because of an amendment introduced by representative Jena Powell, the legislation will be sent back to the Senate which will vote on the amended bill, which is no longer solely about name, image and likeness.

The amendment, which was approved in a 54-40 vote, requires youth athletes to compete in sports based on their sex assigned at birth. It would bar transgender girls from participating on female teams in sports, instead having them play on male or co-ed teams.

Additionally, the representatives voted to remove the emergency clause. Now, if the bill passes, 90 days would have to pass between when governor Mike DeWine signs the bill and when it would become effective.
 
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All of Anomaly's offerings will be included in THE Platform, per the athletic department.

From Ohio State's press release:

Anomaly will prepare student-athletes for success amidst the challenges and responsibilities of maximizing their full NIL potential. Led by Luke Fedlam, a non-agent sports attorney, Anomaly’s NIL protective education curriculum, in partnership with TeamAltemus, will focus on intellectual property protections and business-level decision-making, due diligence, financial management and contract analysis for both marketing and entrepreneurship opportunities.
 
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ScriptOhio said:
Ohio name, image and likeness bill’s chance of becoming law by July 1 damaged by House amendment

The Senate remains in session, so action could come tonight or Friday. The Senate can remove the amendment and send it back to the house. Or, it can attempt to pass the bill as part of another law that already contains an emergency clause.

DeWine had been expected to sign the original bill. It is unknown whether he would sign the bill with the transgender sports amendment.

Entire article: https://www.cleveland.com/osu/2021/...law-by-july-1-damaged-by-house-amendment.html



Eight days after the Ohio Senate unanimously passed a bill introduced a month ago that would allow college athletes in the state to make money off of their name, image and likeness, the Ohio House of Representatives voted, 57-36, to pass an amended bill on Thursday.

Now, because of an amendment introduced by representative Jena Powell, the legislation will be sent back to the Senate which will vote on the amended bill, which is no longer solely about name, image and likeness.

The amendment, which was approved in a 54-40 vote, requires youth athletes to compete in sports based on their sex assigned at birth. It would bar transgender girls from participating on female teams in sports, instead having them play on male or co-ed teams.

Additionally, the representatives voted to remove the emergency clause. Now, if the bill passes, 90 days would have to pass between when governor Mike DeWine signs the bill and when it would become effective.
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So I was thinking about this last night. Where does NIL stop? Are we walking down a slippery slope where large corporations are able to sign Pop Warner kids? Kids in High School? Where does this end?
 
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