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DARK SECRETS: Jason belzer | Rare Historical Photos

IRS Says Nonprofit NIL Collectives Giving Tax Deductions Could Be Illegal

The office of the IRS Chief Counsel released a memo Friday saying donations made to nonprofit NIL collectives “are not tax exempt”.

Sports Illustrated

Inside the NIL Battle That Is Splintering the SEC: ‘We’re All Money Laundering’

Within the 11-state footprint of the country’s most dominant league, some schools have worked with state lawmakers to rewrite statutes to give them an advantage over neighboring programs.

Sports Illustrated

NIL, ‘Booster Banks’ and Recruiting Wars: For Some, It Doesn’t Add Up

Less than a year into the NIL Era, officials say the college sports landscape is dramatically shifting back into the booster-driven world that plagued it decades ago.

Sports Illustrated

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New NIL Summit Will Help College Athletes Optimize Opportunities

For the first time in history, athletes can earn compensation from their name, image and likeness. This June, the summit will educate and award athletes in this new era.

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