- 01
NIL stands for “Name, Image, and Likeness” and specifically refers to the use of a student-athletes NIL through marketing and promotional endeavors. Student-athletes at NCAA institutions have been allowed to monetize their NIL beginning as of July 1, 2021 following the Supreme Court’s ruling in NCAA v Alston
- 02
Generally speaking, all NIL activities are permitted provided they follow these four guidelines:
There must be quid pro quo attached to an NIL deal essentially requiring a student-athlete to do an activity in order to receive compensation.
That activity cannot be tied to athletic performance such as statistical achievements, wins, or awards.
That activity cannot be contingent upon the student-athlete committing to the university that the collective supports or tied to enrollment.
Institutions are not allowed to provide compensation in exchange for the use of a student-athletes NIL.
NCAA rules also require student-athletes to follow their state law or institutional policy if there is no existing state law governing NIL activities.
- 03
An NIL activity involves the use of a student-athlete’s name, image, or likeness for promotional purposes by a third-party not associated with the NCAA or an NCAA institution such as:
Social media influencing and other promotions
Personal appearances at businesses, conferences, camps, parties
TV ads, radio ads, print ads
Endorsements of a third-party
Student-athlete-run camps and private lessons
Autographs
Sale of student-athlete owned apparel and personal items
Student-athlete run businesses
- 04
The term “Collective” is a term of art and carries with it no particular legal significance. In a nutshell, an NIL Collective is a corporation independent of a university that pools funds from alumni, boosters and businesses to help facilitate NIL deals for athletes.
- 05
The mission of the GRAYED DANES LACROSSE COLLECTIVE (GDLC) is to support other community based organizations by empowering our UAlbany student-athletes to monetize their name, image, and likeness (NIL). The Collective is overseen by an alumni board of directors. We are an approved 501(c)(3) tax exempt organization operating as a private foundation. The Collective coordinates with other not-for-profit organizations in New York State to identify opportunities for UAlbany student-athletes to support their mission. The Collective compensates our student-athlete for their work and advocacy at no expense to our community partners.
- 06
We are first and foremost a need based organization. The selection process takes place in conjunction with the coaching staff at the University at Albany. A 2019 study conducted by the National College Players Association found that 86 percent of Division I college athletes live below the federal poverty line. Due to their commitment to practices while striving to maintain their grades, student-athletes rarely have time to work a job outside of college. Lacrosse is considered a non-revenue sport and Division I programs are limited to 12.6 athletic scholarships for the 50+ members of the team. According to a New York Times study, approximately 8% of all students at the University at Albany come from families with household incomes of $20,000 or less. We have found over the years that due to the financial constraints and the time commitment that comes with participating in Division 1 athletics, certain student-athletes are faced with financial uncertainty. This Collective was formed to help fill the gaps and provide financial stability for this group of students.
- 07
Yes – The “New York collegiate athletic participation compensation act” was signed into law on November 21, 2022 which can be found here: New York NIL Law
- 08
Yes – UAlbany has a Name, Image and Likeness policy which can be found here: UAlbany NIL Policy
- 09
No – The GDLC is a third-party entity that is unaffiliated with the University.
- 10
The GDLC is governed by an all-volunteer alumni Board of Directors.
- 11
No – our agreements are intentionally non-exclusive to enable student-athletes to continue to build their brand with opportunities outside of the GDLC.
- 12
No – the GDLC is a nonprofit corporation without any shareholders or investors. The aim of the GDLC is to keep operating costs as low as possible to maximize the benefit to charitable organizations and to maximize the opportunities available to student-athletes.
- 13
No – In compliance with NIL regulations, the GDLC will not meet with, contact, offer a deal, etc. to any prospective student-athlete. Until a student-athlete has signed their National Letter of Intent and is enrolled as a full time student at UAlbany, they will not be contacted by the GDLC.
- 14
Donations to the GDLC to support its charitable activities are tax deductible. The GDLC has received recognition as a tax-exempt organization under Section 501(c)(3) of the Internal Revenue Code and operates as a private foundation within the meaning of Section 509(a) of the Internal Revenue Code. All donations are tax deductible.
.png)