After recommendation from the Division I Council, the NCAA’s Division I Board of Directors has voted on and approved an interim policy for Name, Image, and Likeness (NIL) rules that will allow Division I athletes to sign onto opportunities to monetize their individual names, images, and likenesses. The NIL policy will take effect tomorrow, July 1. While this was an expected move after a lot of lead-up time, the Athletic’s Nicole Auerbach reports it is now done deal.
NEWS: The Division I Board of Directors has voted to approve the interim NIL policy, a source tells @TheAthletic.