Greg Gerstner Featured on MLM POWER List for Sports and Entertainment Law
Seigfreid Bingham attorney Greg Gerstner was selected for inclusion on the 2023 Missouri Lawyers Media (MLM) POWER List for Sports and Entertainment.
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Seigfreid Bingham attorney Greg Gerstner was selected for inclusion on the 2023 Missouri Lawyers Media (MLM) POWER List for Sports and Entertainment.
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Seigfreid Bingham was pleased to continue to be the presenting sponsor of the Mid-America Intercollegiate Athletics Association (MIAA) Basketball Media Day.
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By: Tate Thompson and Curry Sexton
In the absence of uniform laws from Congress or a more robust policy from the NCAA, states continue to look for ways to help their institutions compete in the name, image, and likeness (NIL) “arms race.” One way is for states to implement progressive NIL laws. Effective August 28, 2023, Missouri institutions will be able to arm themselves with arguably the most progressive state NIL law in the country. H.B.417, which was recently signed by Governor Mike Parson, significantly amends Missouri’s prior NIL law. As a result, Missouri institutions and the student-athletes who attend them, will likely benefit greatly following the most recent amendment.
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Seigfreid Bingham was pleased to once again sponsor the Mid-America Intercollegiate Athletics Association’s (MIAA) Football Media Day. This event was for the MIAA players and coaches to interact with the media, officially commencing the 2024 football season.
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By: Tate Thompson and Curry Sexton
In a June memo released by the Office of the Internal Revenue Service (IRS) Chief Counsel, the IRS announced its position that, in most cases, it does not believe name, image, and likeness (NIL) collectives qualify as tax-exempt organizations under the Internal Revenue Code (IRC). Although not legally binding, the decision will likely have a significant impact on existing NIL collectives organized as nonprofits and granted tax-exempt status by the IRS.
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Seigfreid Bingham continues to offer its “Empower U” service to National Collegiate Athletic Association (NCAA) conferences and institutions as part of the firm’s Sports and Entertainment industry group.
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By: Tate Thompson and Curry Sexton
As of January 1, 2023, the National Collegiate Athletic Association (“NCAA”) is applying a new standard of review in investigations pertaining to potential violations of its name, image, and likeness (“NIL”) rules.
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By: Tate Thompson and Curry Sexton
The push for collegiate athletes to be classified as employees recently took a significant step forward. As we discussed in October 2022, there are several ongoing legal battles related to the issue of collegiate athletes’ employee status, including:
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