NCAA to vote on whether to allow student-athletes more financial benefits

(Photo supplied/NCAA)

The NCAA will vote on Wednesday, June 30, on new rules that may allow student-athletes more freedom to benefit financially.

The Division I Council is recommending the body end its rules that prohibit athletes from profiting off their talents. The Division I Board of Directors will consider that recommendation at its Indianapolis headquarters on Wednesday.

According to the NCAA, the policy provides the following guidance to member schools, student-athletes and their families:

College athletes can engage in NIL activities that are consistent with the law of the state where the school is located. Colleges and universities are responsible for determining whether those activities are consistent with state law.

Student-athletes who attend a school in a state without a NIL law can engage in this type of activity without violating NCAA rules related to name, image and likeness.

College athletes can use a professional services provider for NIL activities. Student-athletes should report NIL activities consistent with state law or school and conference requirements to their school.

The move is expected to be preemptive as many laws passed by state’s allowing college athletes to make money from their name, image, and likeness go into effect on Thursday.

The NCAA is concerned some universities will get an advantage in recruiting if there isn’t a level playing field across the country.

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