Arizona Takes Big Leap in Student Athlete Compensation: New Law Allows Direct Payments and Creative Funding Solutions
PHOENIX—A new law in Arizona is set to reshape how colleges and universities can financially support their student athletes. Governor Katie Hobbs signed Senate Bill 1615 on May 7, enhancing previously established provisions that allowed athletes to benefit from their name, image, and likeness (NIL) in promotional endeavors. Initially approved in 2021, the original NIL law enabled student athletes to earn money but did not allow direct payments from their schools. The newly enacted legislation changes that by permitting universities to directly compensate athletes. Additionally, institutions can partner with third-party organizations to facilitate these agreements, … Read more