"NCAA backs allowing college athletes to be paid for names, images and likenesses
The NCAA's Board of Governors announced Wednesday that it supports rule changes that would allow student-athletes to receive compensation for their names, images and likenesses."
"The NCAA's Board of Governors announced Wednesday that it supports rule changes that would allow student-athletes to receive compensation for their names, images and likenesses.
Yes, but: Don't expect a free market for student-athletes just yet. While the NCAA cleared the way to support third-party endorsements and other money-making opportunities, like social-media influencing and personal appearances, its announcement still leaves a number of questions moving forward.
The NCAA wants to ask Congress to back a federal law that would preempt piecemeal action by states on the issue — and codify that student-athletes aren't university employees.
It said that it does not want student-athletes' name, image or likeness to be used to support schools' recruiting or their boosters, which is a provision that could ultimately be impossible to enforce.
It also believes there are "legal hurdles" that would prevent student-athletes from making money on licensing for "group products" like video games."
Read in Axios: https://apple.news/AOrJAl4axQQyJTwNuFYlOWg
The NCAA's Board of Governors announced Wednesday that it supports rule changes that would allow student-athletes to receive compensation for their names, images and likenesses."
"The NCAA's Board of Governors announced Wednesday that it supports rule changes that would allow student-athletes to receive compensation for their names, images and likenesses.
Yes, but: Don't expect a free market for student-athletes just yet. While the NCAA cleared the way to support third-party endorsements and other money-making opportunities, like social-media influencing and personal appearances, its announcement still leaves a number of questions moving forward.
The NCAA wants to ask Congress to back a federal law that would preempt piecemeal action by states on the issue — and codify that student-athletes aren't university employees.
It said that it does not want student-athletes' name, image or likeness to be used to support schools' recruiting or their boosters, which is a provision that could ultimately be impossible to enforce.
It also believes there are "legal hurdles" that would prevent student-athletes from making money on licensing for "group products" like video games."
Read in Axios: https://apple.news/AOrJAl4axQQyJTwNuFYlOWg