502Circle
Louisville · unknown
Once described on Louisville's NIL page as operating independently of UofL; that section is now hidden and its former site forwards elsewhere. Current status not confirmed.
Last verified Oct 31, 2026
At a glance
NIL law
School direct pay / facilitation: Allowed (SB 3, 2025) Revenue sharing: Allowed (SB 3, 2025) Disclosure: Before signing; school has 3 business days to flag conflicts Agent rules: Representation allowed Confidentiality / records: Athlete-school agreements exempt from the Kentucky Open Records Act NCAA-enforcement / liability shield: Employees of school-affiliated corporations get the same liability protections as school employees (Drake)
SB 3, Mar. 2025: schools may pay athletes directly (revenue sharing)
cross-checked
Sources (3)
Last verified Oct 31, 2026
Not legal advice. Read the statute or consult a licensed attorney. Report a correction.
Kentucky NIL questions
Kentucky NIL law status: NIL law in force (NIL law). Citation: Ky. Rev. Stat. §§ 164.6941-.6951. Dates: Enacted 2022 Effective Mar. 9, 2022. Not legal advice.
NILList covers 3 FBS schools in Kentucky: University of Kentucky, University of Louisville and Western Kentucky University.
NILList lists 1 NIL collective serving FBS schools in Kentucky: 502Circle.
NILList bases this Kentucky summary on College Football Business state NIL law table (Oct 2026), The Drake Group Education Fund and Athlete Agent Labs, last verified Oct 31, 2026.
Louisville · unknown
Once described on Louisville's NIL page as operating independently of UofL; that section is now hidden and its former site forwards elsewhere. Current status not confirmed.