Contract Teardown

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

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