Senators Unveil Bipartisan Draft NIL Bill For College Sports

[Franklin Pierce]

A trio of senators has released a discussion draft of a bill that would federally standardize name, image, and likeness policies for college athletes.

The NCAA ended its prohibition on college athletes receiving NIL compensation in 2021, and the few years since have seen an explosion in endorsement deals and a rise in athletes going to schools where they can earn the most. That, in turn, has led to calls for Congress to set a national standard to govern the practice. Sens. Cory Booker (D-NJ), Jerry Moran (R-KY), and Richard Blumenthal (D-CT) announced the draft legislation on Thursday and are seeking input from all stakeholders.


The key tenet of the legislation — which has not yet been introduced and is something that will likely be tweaked as more feedback is received — is the formation of the “College Athletics Corporation,” a central oversight entity that would administer and enforce rules in order to safeguard athletes who sign onto endorsement contracts.

Senators unveil bipartisan draft NIL bill for college sports

 

[Orangeburst]

A trio of senators has released a discussion draft of a bill that would federally standardize name, image, and likeness policies for college athletes.

The NCAA ended its prohibition on college athletes receiving NIL compensation in 2021, and the few years since have seen an explosion in endorsement deals and a rise in athletes going to schools where they can earn the most. That, in turn, has led to calls for Congress to set a national standard to govern the practice. Sens. Cory Booker (D-NJ), Jerry Moran (R-KY), and Richard Blumenthal (D-CT) announced the draft legislation on Thursday and are seeking input from all stakeholders.


The key tenet of the legislation — which has not yet been introduced and is something that will likely be tweaked as more feedback is received — is the formation of the “College Athletics Corporation,” a central oversight entity that would administer and enforce rules in order to safeguard athletes who sign onto endorsement contracts.

Senators unveil bipartisan draft NIL bill for college sports

sure that will go good
will now be a federal crime instead of ncaa

 

[EasternVol]

That's what we really need, more federal government involvement in things it's got no constitutional mandate to control.

 

[VOLS INC.]

That's what we really need, more federal government involvement in things it's got no constitutional mandate to control.

I get the whole “We can walk and chew gum at the same time” argument. But there are at least 1 million issues more important than this that need to be addressed. Like seriously! That’s not an exaggerated number. Let’s just secure our border. Can we just start there?

It’s insane that this is being discussed right now.

 

[marcusluvsvols]

A trio of senators has released a discussion draft of a bill that would federally standardize name, image, and likeness policies for college athletes.

The NCAA ended its prohibition on college athletes receiving NIL compensation in 2021, and the few years since have seen an explosion in endorsement deals and a rise in athletes going to schools where they can earn the most. That, in turn, has led to calls for Congress to set a national standard to govern the practice. Sens. Cory Booker (D-NJ), Jerry Moran (R-KY), and Richard Blumenthal (D-CT) announced the draft legislation on Thursday and are seeking input from all stakeholders.


The key tenet of the legislation — which has not yet been introduced and is something that will likely be tweaked as more feedback is received — is the formation of the “College Athletics Corporation,” a central oversight entity that would administer and enforce rules in order to safeguard athletes who sign onto endorsement contracts.

Senators unveil bipartisan draft NIL bill for college sports

Funny that the 3 states these clowns come from JUST SO HAPPEN to be tiny sheithole states whose University cannot compete with paying players what the market actually says they are worth like at UT, Bama, USC, MI etc etc..

Maybe Uconn, Kensucky and Rutgers? Need to quit crying and either get better boosters or just shut the heck up and let the big boys play ball. Surprised there isnt a Bama senator on this bill honestly...nobody hates NIL more than Saban. Instead of only Bama paying players now everyone can...which means the end of their monopoly on CFB titles.

Bunch of damn crybabies. The fed has no business interfering in the free market of college athletics. As long as taxes are being paid, they need to sit down and shut up. We as Americans need to MAKE KNOWN our hate for the ever expanding runaway govt in this country! Damnit.

 

[SpaceCoastVol]

It is a direct threat to UK and UCon basketball (men's and women's). Not sure what Cory Booker is trying to do other than to try to be relevant somehow

 

[Sea Ray]

A trio of senators has released a discussion draft of a bill that would federally standardize name, image, and likeness policies for college athletes.

The NCAA ended its prohibition on college athletes receiving NIL compensation in 2021, and the few years since have seen an explosion in endorsement deals and a rise in athletes going to schools where they can earn the most. That, in turn, has led to calls for Congress to set a national standard to govern the practice. Sens. Cory Booker (D-NJ), Jerry Moran (R-KY), and Richard Blumenthal (D-CT) announced the draft legislation on Thursday and are seeking input from all stakeholders.


The key tenet of the legislation — which has not yet been introduced and is something that will likely be tweaked as more feedback is received — is the formation of the “College Athletics Corporation,” a central oversight entity that would administer and enforce rules in order to safeguard athletes who sign onto endorsement contracts.

Senators unveil bipartisan draft NIL bill for college sports

Not many details on that plan. I don't see much in that article that would move the needle