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NCAA proposes New Rule for Schools and Athletes to Secure NIL Deals

Posted on December 5, 2023December 5, 2023 by Santiago Leon
NCAA president Charlie Baker proposed rule changes Tuesday that would allow Division I schools for the first time to pay their athletes in ways that are not tied to educational resources.

Baker shared the proposed changes in a letter sent to member schools. If Division I schools choose to adopt the rules, they would be allowed to enter into name, image and likeness deals directly with their athletes. The new rules would also create a trust fund for athletes at the richest tier of athletic departments and allow those schools to create its own set of rules for recruiting, transfers, roster size and a wide range of other policies.

“[It] is time for us — the NCAA — to offer our own forward-looking framework,” Baker said. “This framework must sustain the best elements of the student-athlete experience for all student-athletes, build on the financial and organizational investments that have positively changed the trajectory of women’s sports, and enhance the athletic and academic experience for student-athletes who attend the highest resourced colleges and universities.”

– READ MORE »

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