Tennessee HB1386 amends state laws to enhance Name, Image, and Likeness (NIL) opportunities for student athletes.
Tennessee HB1386 amends state laws to expand and regulate Name, Image, and Likeness (NIL) opportunities for student athletes. The bill encourages institutions to secure broadcast rights, create branded merchandise, and host NIL-centric events. It mandates that a portion of NIL-generated funds directly benefit athletes and requires institutions to conduct mandatory workshops on NIL contract negotiation and tax responsibilities. Certified NIL representatives must adhere to a fiduciary duty and the Secretary of State must maintain a publicly accessible registry of these representatives.
Included in complete analysis
- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
See what it does, who it affects, and the critical issues in plain language. Free, 30 seconds.