The NCAA has long held the view that college athletes should be amateurs and that basic principle banned those who compete in this field multi-billion dollar industry But after years of discussion and debate, the college sports landscape will soon be shaken by a sweeping change that will allow athletes to receive compensation while competing for their schools.
Twelve states have passed laws that will go into effect July 1 that will allow athletes to earn money from their name, image and likeness (NIL). Under pressure from lawmakers, the NCAA abandoned its long-held belief that athletes should not receive payments, and the governing body moved quickly to adopt a national NIL framework. The NCAA Division I Council recommended the suspension of amateurism rules that prohibit the ability to participate in NIL competitions for all athletes, regardless of their status. The board of directors can officially adopt the interim policy on June 30.
The NCAA-wide legislation will help prevent college sports from becoming a patchwork system in which athletes from some states can earn money while those from other states cannot. There is still hope for a federal law This will create a uniform standard regarding college athletes’ ability to receive compensation.
Here’s what you need to know:
