For a professional athlete, making money off of products that use their likeness is an example of Name, Image, and Likeness deals.
What are name, image, and likeness deals?
Name, image, and likeness deals are commercial endorsements that give publicity to professional and college athletes, who lend their names, images, and likeness to companies to leverage for their product brands.
Using marketing and promotional endeavors, companies can use the athlete's name, image, and likeness to create customer-attractive brands for their products.
These deals provide opportunities for the athletes to make money by permitting the business entities to use their name, image, and likeness to market and sell products.
Thus, while the agreements are called “NIL” deals, professional athletes use them to make money.
Learn more about NIL deals at https://brainly.com/question/14606828
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