The NCAA is set to present legislation to Congress next week regarding the monetization of student-athletes’ names, images, and likenesses.
In a draft obtained by Sports Illustrated, the NCAA will propose that student-athletes may earn money while in school, but the restrictions will be rather significant.
While the draft only serves as an outline for the NCAA’s thinking, the restrictions are expected to ban athletes from signing endorsement deals until they have completed one semester of college, force schools to make NIL contracts public, and maintain the right to bar individuals from specific NIL opportunities.
Nonetheless, it’s a step in the right direction for those hoping for schools to boast some level of competition for the G League and overseas options for high-profile athletes hoping to make money immediately after high school.