A 2021 Supreme Court decision allowed college athletes to receive payments for endorsement deals, leading to a significant influx of money. Nonprofit leaders had hoped that charities would benefit from this change.

Name, image, and likeness collectives were formed to raise money for athlete compensation, with many established as nonprofits. Some institutions have these collectives in place.

Further information on the potential impact of these changes on nonprofits and charities is available from the source, providing more details on the situation and its potential outcomes.