The NCAA provides a general NIL policy for all three divisions, with additional guidance specifically for Division I, as detailed below:
- Individuals can engage in NIL activities that are consistent with the law of the state where the school is located, given they meet any minimum reporting requirements.
- Individuals can use a professional services provider for NIL activities.
- Colleges and universities may assist student-athletes in seeking and arranging NIL agreements with third parties.
- In states without an NIL law, student-athletes may engage in NIL activity without violating NCAA rules related to name, image and likeness.
- Division I athletes must disclose any NIL agreement exceeding $600 to their school within 30 days of signing. This disclosure must include contact information for involved parties and service providers, terms of the arrangement, and compensation.
On July 1, 2021, Senate Bill 60 of the 2021 Regular Session of the Louisiana Legislature went in to effect and made it permissible (in the state of Louisiana) for student-athletes to receive compensation for the use of their name, image and likeness. Most recently, an amendment was made in Senate Bill 465 (2024) to continue to provide opportunities for student-athletes in the state of Louisiana.
LSU owns and protects multiple trademarks including, without limitation, its name, logos, color combinations, slogans, mascot and other indicia. Use of LSU’s protected marks without permission from the University may be subject to criminal and/or civil penalties.
To learn more you can contact LSU Trademark Licensing, 225-578-3386, trademark@lsu.edu.