Luke Fedlam offers NIL advice as Buckeyes start earning
COLUMBUS –Â The Tim May Podcast is back for a special episode — attorney Luke Fedlam is back break down Name, Image and Likeness and what it means for Ohio State now that it is officially in practice across the NCAA.
Ohio Gov. Mike DeWine took control of the state’s NIL situation and signed an executive order allowing all student-athletes in Ohio to profit off their own NIL on Monday. And the Division I Board of Directors approved an interim NIL policy earlier this week which went into effect Thursday. College athletes across the nation can now officially turn a profit on their Name, Image and Likeness. Pressure was building for the NCAA to step in after the organization failed to create laws with federal legislators and multiple states had NIL starting July 1.
Now NIL is officially here, and athletes can begin making money for the first time in NCAA history. Ohio State prepared for the new era of college athletics by signing an agreement with Opendorse and have introduced a program named The Platform, which allows student-athletes to take advantage of educational programming related to NIL.
Tim and Luke discuss what the next few months of NIL might look like. Will the NCAA finally put laws in place with federal legislators? How much money will athletes actually make? And what will the learning curve look like as college athletics enters unprecedented waters?
All that and more is on this episode of the Tim May Podcast, making it a must-listen for any Ohio State or college football fan.
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