Mississippi colleges and universities have a new recruiting tool for student-athletes. The Mississippi Intercollegiate Compensation Rights Act was passed by the Mississippi legislature earlier this year and came into effect on July 1, 2021. For the first time, Mississippi varsity athletes will be able to receive compensation for the use of their name, image and likeness (NIL). The new law is a game-changer as it will allow Mississippi colleges to recruit athletes from across the country with the promise that they will be eligible to enjoy the benefits of marketing their NIL in accordance with Mississippi law and US guidelines. NCAA.
Not all states have enacted NIL legislation. Mississippi is one of the many states that have enacted NIL legislation. Some states have enacted NIL legislation with various effective dates.
Mississippi’s new law allows student-athletes to hire an agent or other advisor to help them work on their compensation with third parties. Student-athletes will be entitled to market value compensation for the use of their name, image and likeness (NIL).
On June 21, 2021, the United States Supreme Court, in a unanimous decision, ruled that the National Collegiate Athletic Association (NCAA) could not prohibit colleges and universities from making school-related payments to student athletes. , on the grounds that such actions violated the Sherman Antitrust Act.
Legislative action is likely to continue in other states to allow student-athletes to be compensated for their nothingness. College athletes should take advantage of this new opportunity to gain financial support during their studies from a portion of the wealth they help generate for their colleges and universities. However, the lack of a uniform legal regime is likely to create problems for students who wish to move from one school to another or who wish to leave one state to go to another.
Ultimately, Congress may be called upon to create a uniform interstate pay system for student-athletes. In the meantime, the NCAA will likely attempt to oversee student-athlete compensation in accordance with federal and state laws.
 2021 MS SB 2313 (NS) April 16, 2021
 Name, Image and Likeness (NIL).