The NCAA’s own proposed legislation governing name, image and likeness (NIL) is as many expected: filled with restrictions. According to a summary of the NCAA’s draft, athletes cannot sign endorsement deals until they complete their first semester of college, can be barred from entering into certain NIL ventures and must make public NIL contracts.
College athletic leaders, feverishly working this summer on NIL legislation, plan to present the semi-finished product to Congress next week in a Senate Judiciary Committee hearing on Capitol Hill, the latest step in advancing NIL down the path to a universal Congressional bill.