NewsWPLG Local 10 – Main FeedAugust 20, 2026Miami-Dade
Supreme Court ruling enables college athlete endorsement payments through nonprofit collectives
A 2021 Supreme Court decision allowed college athletes to receive compensation for their name, image, and likeness (NIL), leading to the creation of nonprofit organizations designed to facilitate these payments. The article examines whether these athlete-focused collectives qualify for or effectively utilize nonprofit status.
Read the full story at WPLG Local 10 – Main FeedWhy It Matters
The intersection of college sports compensation and nonprofit law determines how millions of dollars in endorsement money are taxed and managed, affecting both the athletes receiving funds and the tax-exempt status of the organizations involved.
Key Facts
Each fact below is taken from the article. Click one to see the exact passage.
Who's Mentioned
personJanaiha Bennett“Executive director of the Youth Leadership Foundation.”organizationNCAA“Defendant in the House v. NCAA class action settlement.”organizationInternal Revenue Service“Ruled in 2023 that NIL collectives do not qualify for tax-exempt status.”organizationStudent Athlete NIL“NIL collective that closed following the House v. NCAA settlement.”organizationYouth Leadership Foundation“Nonprofit that partnered with University of Maryland athletes.”personRoy Kessel“Founder of the Sports Philanthropy Network and NIL4Good.”organizationBlueprint Sports Foundation“Nonprofit that managed payments to NIL collectives.”personJason Kohout“Lawyer who has represented several NIL collectives.”organizationSupreme Court“Issued the 2021 ruling in NCAA v. Alston that enabled NIL payments.”