re: Louisiana Legislature Passes NIL Law, Goes to Gov. Edwards to sign

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I would not be surprised if he vetoes it...

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Another state in the SEC footprint has removed the prohibition of schools from directly or indirectly arranging for a third party to provide compensation to a student-athlete through NIL.

After the Louisiana State Senate approved a bill allowing schools, their affiliates and boosters to compensate student-athletes for use of their NIL in early June, Gov. John Bel Edwards reportedly signed it into law on Wednesday.

The revision allows coaches and school personnel in Louisiana to also facilitate deals for its student-athletes. The law became effective this past Friday.

Other states – especially in the Southeast – have amended NIL laws that empower collectives’ to have a significant impact on high school recruiting.

A school-specific collective is made up of deep-pocketed fans and alumni. They are run independently of the school they are affiliated with. They work by pooling funds from a wide swath of donors and businesses to create NIL activities for a school’s student-athletes.

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