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Showing posts with the label income

From zero to NIL: How student-athletes can manage name, image, likeness income

Today’s college student-athletes have an unprecedented opportunity to monetize their name, image and likeness thanks to a 2021 NCAA rule change that lifted restrictions on such activities When University of Notre Dame sophomore Calyn “KK” Bransford takes the court this upcoming basketball season, she’ll do so with a touch of glam thanks to her false lashes. She wants to look good while hooping, but wearing the lashes is also her job. Bransford is under contract as a brand ambassador for Opulence Lashes and earns money by promoting the company’s products. That’s possible thanks to a sea change in NCAA rules governing college athletes, who can now make money from their “ NIL ” — name, image and likeness. Prompted by a Supreme Court decision that invalidated restrictions on certain payments to student-athletes, the NCAA changed its rules on NIL income in 2021. While student-athletes still can’t be paid to play their sport or attend a specific school, they can receive money for things like...

Off-grid solar brings light, time and income to remotest villages

In Indonesia's far-east island of Sumba, off-grid solar is lighting up lives for residents still living out of reach of the country's national electricity provider LAINDEHA, Indonesia -- As Tamar Ana Jawa wove a red sarong in the fading sunlight, her neighbor switched on a light bulb dangling from the sloping tin roof. It was just one bulb powered by a small solar panel, but in this remote village that means a lot. In some of the world's most remote places, off-grid solar systems are bringing villagers like Jawa more hours in the day, more money and more social gatherings. Before electricity came to the village a bit less than two years ago, the day ended when the sun went down. Villagers in Laindeha, on the island of Sumba in eastern Indonesia, would set aside the mats they were weaving or coffee they were sorting to sell at the market as the light faded. A few families who could afford them would start noisy generators that rumbled into the night, emitting plumes of s...