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Redshirt sophomore quarterback Michael Penix Jr. holds the ball Oct. 24, 2020, in Memorial Stadium. IU announced its Name, Image and Likeness policies in a press release Wednesday. IDS file photo and Alex Deryn

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Redshirt sophomore quarterback Michael Penix Jr. holds the ball Oct. 24, 2020, in Memorial Stadium. IU announced its Name, Image and Likeness policies in a press release Wednesday.

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