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Essential elements of a NIL sports endorsement agreement

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Vondran Sports Law - NIL endorsement agreements overview - [essential contractual elements]

In this podcast, Attorney Steve® discusses some of the most important items a student-athlete should take into account BEFORE signing a NIL sports endorsement agreement.  Important terms are discussed including:

  • Parties to the agreement
  • Specifically identified deliverables
  • Timeframes and deadlines
  • Compensation clauses
  • FTC compliance rules
  • Who gets the IP rights and for how long?
  • Termination provisions, and transfer issues and morals clauses
  • Dispute resolution
  • Sports agent contract compliance

Vondran Legal® can help student-athletes negotiate and finalize lucrative sports promotion contracts that may involve appearances, video creation, social media posting, showing up at camps or events, providing autographs, etc.  We can also help NCAA institutions with compliances issues and civil litigation including arbitration or mediation.  For more information go to NILcontracts.com 

 

 

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