Athletes’ Endorsement Agreements and NIL

Mike Whelan
Chief Community Officer

As student athletes navigate the new world of Name, Image, and Likeness deals, they can learn from past contracts with legends.

In the latest episode of the Contract Teardown show, attorney for athletes Sivonnia DeBarros walks through an endorsement deal between Hall of Famer Dwyane Wade and a clothing company.

DeBarros details:

  • The limits of exclusivity;
  • The dangers of token board seats;
  • Risk versus cash for young athletes, and
  • The phrase “the athlete is the essence of the contract.”

 

 


EPISODE LINKS

Review the contract here

GUEST LINKS: Website | LinkedIn | YouTube

 

Tags: contracts, NIL, Name Image and Likes, Endorsement, Agreement, Athletes

Contributors

Mike Whelan
Chief Community Officer

You may also like

Trademark Assignment Agreement with Brittney Saint-Fleur

Watch as Brittney Saint-Fleur explains key concepts for drafting a Trademark Assignment Agreement. She explores representations of IP ownership, relationship-conscious dispute resolution, and strategic choice of applicable law.

Software Development + Consulting Agreement with Laurie McCall

See how attorney Laurie McCall thinks through one contract meant to cover two services: software development and expert consulting. According to McCall, the blended purposes create quite a mess. Issues arise with service definitions and change orders, contractor status, and intellectual property.