(9) The National Collegiate Athletic Association (NCAA) will suspend its long-standing policy of amateurism and approve revolutionary new rules allowing college players to profit by selling their names, images, or likenesses (NIL).
The change was largely forced on the organization because of laws passed by several states that allow players to be paid for their NIL. The laws are scheduled to go into effect on July 1.
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The NCAA would have been faced with the prospect of allowing some college athletes to receive remuneration for their NIL while other athletes would have been forbidden from doing so. As a result, the NCAA is suspending the amatuer policy until new rules can be written governing the payment to athletes for NIL.
Washington Post: The 24-member NCAA Division I Board of Directors will review and is expected to approve that historic recommendation Wednesday, the eve of the July 1 date that athletes rights advocates have been pointing toward with anticipation for months. On that day, eight of the 21 states that have passed laws enabling athletes the NIL option will see those laws go into effect. The eight are Alabama, Florida, Georgia, Kentucky (by executive order from Gov. Andy Beshear), Mississippi, New Mexico, Ohio and Texas. A ninth state, Arizona, has a law passed and going into effect July 23. Twelve more states have laws going into effect in 2022, 2023 and 2025, but some might move to bring those laws closer to the present. The NCAA said in a statement: “While opening […]