NIL Deals, Business Purpose, and What Nonprofit Leaders Should Notice

Recent reports that $90 million in NIL deals have been rejected for lacking a sufficient business purpose offer an important lesson beyond college athletics. Nonprofit organizations routinely face similar governance and documentation questions when making financial decisions. Here's why these headlines matter to nonprofit leaders.

Drew WilleyJuly 8, 2026Nonprofit Law, Nonprofit Governance, Tax-Exempt Organizations, NIL, Name Image and Likeness, Higher Education, College Athletics, Business Purpose, Board Governance, Compliance

Drew Willey, as Featured in:

© Willey Law Firm, PLLC