Source: BroBible
Summary
Mississippi state lawmakers voted against a law change that would have exempted income earned from Name, Image, and Likeness (NIL) from state taxes. The proposal would have given Ole Miss and other Mississippi schools a competitive advantage in recruiting. However, the bill was criticized for being unfair to others who don’t receive the same benefits.
Our Reading
The habit gets a new name.
Mississippi lawmakers say no to a tax break for student-athletes.
The proposal would have given Ole Miss a leg up in recruiting.
But others argued it was unfair to grant a special tax privilege.
NIL is just a fancy word for “we can’t pay you, but you can sell your own brand”.
Author: Evan Null
