Big changes are coming to the NCAA, starting tomorrow.
The Division I Board of Directors has officially voted to approve the interim NIL policy, meaning that collegiate athletes in all 50 states will soon be able to monetize their names, images and likenesses.
https://twitter.com/NicoleAuerbach/status/1409595506691543043?s=20
Per CBS Sports :
The NCAA previously listed the following bullet points of consideration for schools and conferences to create their own NIL policies if their states do not have any set to go into law on Thursday:
-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.