https://www.espn.com/college-sports/stor...settlement
Quotes from the article:
However, NCAA president Charlie Baker and others believe the deal will help schools regain control and tamp down the skyrocketing, largely unregulated market for paying college players through third parties.
The NCAA and its schools are hoping that federal lawmakers will now intercede to help solve the industry's remaining legal problems. Industry leaders have asked Congress to write a new law that would prevent athletes from becoming employees and provide the NCAA with an antitrust exemption to create some caps on player pay and transfers.
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This should be interesting as various schools roll out their implementations. What will the impact on third-party NIL payments be?
Let's hope Stanford can take advantage of the new rules.
Quotes from the article:
However, NCAA president Charlie Baker and others believe the deal will help schools regain control and tamp down the skyrocketing, largely unregulated market for paying college players through third parties.
The NCAA and its schools are hoping that federal lawmakers will now intercede to help solve the industry's remaining legal problems. Industry leaders have asked Congress to write a new law that would prevent athletes from becoming employees and provide the NCAA with an antitrust exemption to create some caps on player pay and transfers.
---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
This should be interesting as various schools roll out their implementations. What will the impact on third-party NIL payments be?
Let's hope Stanford can take advantage of the new rules.
