Unlocking the Power of NIL: How Parents, Athletes, and Entrepreneurs Can Thrive

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Student of the Game · Season 1 · Episode 36

Unlocking the Power of NIL: How Parents, Athletes, and Entrepreneurs Can Thrive

with James O'Connor, Employment Attorney

Brad Noll sits down with longtime friend James O'Connor, an employment attorney and registered civil mediator who drafts NIL policies for universities and marketing agreements for vendors and student athletes. James walks through his ABCs of NIL, explains who qualifies, and shows how parents, athletes, and small business owners can use name, image, and likeness to build relationships, stronger brands, and future talent.

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Key Takeaways

  • NIL is neutral. Like money, name, image, and likeness can be used well or poorly. It is not simply pay for play; it is a right of publicity that student athletes can now use.
  • Learn the ABCs before you sign. James's framework covers agents and attorneys, banned industries, conflicts, disclosures, employment, international athletes, scholarships, and taxes, so everyone in the chain can run a compliant program.
  • NIL deals can be a recruiting pipeline. A business that partners with a student athlete early builds a relationship that could lead to a hire once that athlete's playing days are over.
  • Treat a talented athlete like a business. James tells parents to build a board of directors of trusted people with experience in finance, compliance, marketing, and law to guide the athlete's decisions.
  • Best known usually beats best. A college teammate of Brad's told his daughters that if you don't create your brand for yourself, someone else will. The same is true for small businesses.
  • Partner with people who have the skills you lack. A landscaper focused on growing the best grass may not have time for content. A student athlete who creates content can make that partnership a win for both.

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James O'Connor on NIL: What Parents, Athletes, and Small Businesses Should Know

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