If you follow college sports, you've heard the term NIL, which stands for "name, image and likeness." You also probably know NIL refers to the payment of collegiate athletes. Beyond that, you can be excused for knowing little about the complex world of collegiate athlete compensation.

In this episode of Oregon Business Matters, host Angela Wilhelms talks with an expert in this rapidly evolving area. Max Forer is a partner with Miller Nash in Oregon and a former offensive lineman with the Oregon Ducks. If you're at all curious about collegiate sports, this episode is a must-listen.