New Tennessee legislation permits universities to have direct and public relationships with the collectives that pay their athletes for their name, image and likeness.
Last week, Gov. Bill Lee signed an amendment to the state law that will allow college coaches to attend NIL events, universities to fundraise for NIL collectives and NIL representatives to make presentations on campus to recruits and players.
Many Division I universities in the state — including FBS schools Tennessee, Memphis, Middle Tennessee State and Vanderbilt — must quickly adjust to capitalize on NIL opportunities to stay ahead of competitors in other states.
Alabama repealed its NIL law, so its universities are free to work directly with collectives. Florida, Kentucky and Virginia are among states trying to do the same with an amendment.
Tennessee universities can now facilitate NIL deals by working with collectives. The new law tears down most of the barriers that previously separated schools and the third-party groups that pay their players for their NIL rights within NCAA rules.