The NCAA Board of Governors supports a plan that would allow student athletes to be compensated for the use of their name, image and likeness compensation plan. There are limits though
StudentPlayer.com is a website that employs crowdfunding techniques to connect college athletes with sponsorship opportunities available at schools.Internal NCAA report reveals worries over athlete pay, lawsuits amid amateurism debate
The NCAA will ask Congress to ensure federal preemption over the 30-plus state NIL laws that are now at various stages in the legislative process and to establish a “safe harbor” for the NCAA, providing an antitrust exemption to protect the association against future litigation., was signed into law in late September, making it the first state to allow college athletes to profit from the use of their NIL, starting in 2023. SB 206 put no limits on the amount of money players can earn.
While Smith said Wednesday that the NCAA does not plan to establish an earnings “cap,” the organization will devise standards for proving transactions are legitimate and are not inflated by booster manipulation of NIL opportunities. “The ability of students to freely choose the school that best fits their academic and athletics aspirations is one of the defining features of America’s model of intercollegiate athletics,” the working group’s report stated.
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