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NCAA NIL Contract & Fraud Considerations: Don't Get Left With "NIL"

NCAA NIL CONTRACT & FRAUD CONSIDERATIONS: DON'T GET LEFT WITH "NIL"

Cost Free
Presentation Length 1.0 hour

Recorded DateAugust 27, 2021
CPE:Not available
(archived webinars do not offer CPE credits)
Subject AreaBusiness Law
Course LevelBasic
Course Description

In June 2021, the U.S. Supreme Court ruled against the NCAA on an anti-trust matter. At the same time, several states started to allow student-athletes to profit off their name, image, and likeness (NIL)—a practice that was previously prohibited. Therefore, effective the beginning of July 2021, the NCAA adopted interim policies that allow student-athletes to benefit from their name, image, and likeness. There will be a new class of young business owners overnight that are in this complex space. 

Learning Objectives: 


  • Summarize the basics of royalty and licensing contracts 

  • Identify warning signs and pitfalls 

  • Propose strategies to protect your clients from a pay-to-play situation 

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PLEASE NOTE: ARCHIVED WEBINARS DO NOT QUALIFY FOR CPE
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Danielle Cheek

PKF Texas
Director
dcheek@pkftexas.com
(713) 860-5422

Pkftexas

Danielle is most passionate about her work in assisting businesses, protecting their businesses from fraud. Most small- and medium-sized businesses don’t have the personnel, IT, or monetary resources to set up traditional segregation of duties. Danielle finds the puzzle of creating alternative methods to create segregation of duties for fraud and error prevention extremely rewarding and interesting.

Linkedin

Carlos Gomez

PKF Texas
Contract Compliance Manager
cgomez@pkftexas.com
(713) 860-1464

Pkftexas

Carlos has extensive experience performing and managing contract compliance audits in various industries. He has conducted engagements throughout the world including Japan, China, Taiwan, Hong Kong, Australia, South American, Mexico, and Canada. His engagements have included royalty audits, profit participation audits (film, music, & book), merchandising revenue audits, vendor audits, franchise compliance audits, construction audits, and joint venture audits. His knowledge of the licensing and franchising industry standards has aided clients in the recovery of lost revenue, royalties, and fees. His engagements have led to a significant return on investment and recovery of audit costs for his clients. Carlos’ ability to conduct his engagement in a professional and non-adversarial approach has led to higher cooperation from 3rd parties in completing audits and settlement discussions.

Additionally, his experience includes SOX 404 compliance, process risk assessments, controls evaluation, internal control reviews and implementation, and fraud investigations.
 

About Our Presenter

Pkftexas

Pannell Kerr Forster of Texas, P.C. (PKF Texas) is a Houston-based firm of CPAs and professional advisors focused on delivering solutions to clients at every stage of business.

Our sophisticated level of experience comes from serving both privately and publicly owned companies with domestic and international interests. By taking a long-term view of the marketplace and being involved with the right organizations, we offer a range of services that will create the most value for our clients, co-developing solutions which meet their needs.