The University of Michigan released its name, image and likeness policy Thursday — the first day that college athletes can receive compensation for their name, image and likeness under new policies approved by the NCAA.
For now, the school's policy will supersede the state's NIL bill signed by Gov. Gretchen Whitmer in late December of 2020; that bill won't go into effect until Dec. 31, 2022, which means that Michigan (and other schools in states without NIL legislation or legislation yet to take effect) was charged with developing its own policy, with the NCAA saying it will sustain "prohibitions on pay-for-play and improper recruiting inducements.