THE NIL DISCLOSURE XCHANGE
Financial Literacy + Compliance
Press Releases
Industry Leader The NIL XChange Launches Four Part Podcast for California Colleges
September 14, 2021
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The NIL XChange, a leading disclosure company specializing in Name, Image, and Likeness compliance, released parts 1 and 2 of its podcast which was co-created with Nixon Peabody (www.nixonpeabody.com), a national law firm over 700 attorneys throughout the
United States. The entire podcast is made up of four parts and highlights issues such as financial literacy and tax liability as probable challenges faced by colleges and students during the NIL era. READ MORE | LISTEN
The NIL XChange Launches its Illinois NIL Disclosure Report Ringing in a New Era in Intercollegiate Sports
June 15, 2021
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The NIL XChange™, a disclosure and information company will be launching its flagship service in Illinois effective immediately, in
anticipation of Gov JB Pritzker’s signing of SB2338 which includes the Student Athlete Endorsement Rights Act. Under the new Act, students participating in college athletics are required to “disclose the existence and substance of any publicity rights." Beginning on July 1, 2021, the Act will also require students to formalize compensation deals which then have to be disclosed to their college or university. Despite the ongoing focus on branding and revenue generation for the student, universities have not sufficiently focused on the disclosure mandates at the state level. The NIL XChange™ serves as third party administrator to the university
handling all NIL ("Name, Image and Likeness") self-disclosure mandates on the school’s behalf. READ MORE