The NCAA has "presented its latest draft on how to govern athlete compensation" to members of the D-I Council, who are "expected to approve the proposal" at a meeting tomorrow, according to Forde & Dellenger of SI.com. Formal approval of the proposal "would not come until January." As expected, the legislation "grants athletes the right" to use their NIL to:
- Promote "private lessons and business activities and operate their own camps and clinics, as long as they do not use school marks."
- Profit from "endorsing products through commercials and other ventures."
- Be "compensated for autograph sessions, as long as they do not occur during an institution event or competition."
- Solicit funds through "crowdfunding, such as GoFundMe, for non-profit or charities, catastrophic events, family hardships and educational experiences, such as internships."
There are "restrictions to what products an athlete can endorse." The legislation "would prohibit athletes from engaging in activities involving a commercial product or service that conflicts 'with NCAA legislation,' including sports wagering and banned substances." An institution also "can prohibit an athlete’s involvement in name, image and likeness activities that conflict with existing institutional sponsorship arrangements or other school 'values,' the proposal says." Athletes "would be allowed to enter deals with agents but for only three specific reasons: to give advice for NIL ventures, assist in contract negotiations and help market an athlete’s NIL ventures." The proposed legislation "will continue to be updated and modified by both the working group and the D-I Council over the next two months" (SI.com, 10/12).
