Ohio Lawmakers Push to Create Federal NIL Rulebook
Cal Stein, a partner in Troutman Pepper's Business Litigation Practice Group, was quoted in the June 6, 2023 Spectrum News article, " Ohio Lawmakers Push to Create Federal NIL Rulebook."
Attorney Cal Stein, who advises clients on NIL matters and hosts a podcast on the topic, said in an interview that federal legislation like this could be helpful because there's now a patchwork of NIL rules at the state level.
"While there are some common themes across the state legislation, they do vary in some significant ways and in some ways that can give certain schools in certain states an advantage over others," said Stein, a partner at Troutman Pepper.
By instituting one national standard, and requiring disclosure of most NIL agreements, he said the legislation would help to level the playing field.
"For every [deal] we hear about, there could be five, 10, 50, 100 that we don't know about," Stein said.