Congressional legislation to establish an NIL clearinghouse is being circulated, per report
Sen. Lindsey Graham (R-South Carolina) is working on legislation that would establish an NIL clearinghouse which could fine, sue and ban anyone from participating in college athletics.
This legislation being drafted is being circulated to groups involved in name, image and likeness issues and On3 Sports reported that it would essentially establish another version of the NCAA to preside over name, image and likeness activity.
NCAA lobbyists as well as coaches have long sought federal legislation that would give oversight power in college athletics’ new market of endorsements and collectives. The clearinghouse would also be given an antitrust exemption, another major item for the NCAA.
Here is a portion of the drafted bill:
“The NIL Clearinghouse shall carry out enforcement actions for any violation of this Act, including by levying fines, imposing penalties, including suspension or a permanent ban of an individual or entity from participation in varsity intercollegiate sports competition for a period determined by the NIL Clearinghouse and commencing civil actions and seeking all appropriate legal, equitable, or other relief, including damages and injunctions.”
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I basically make about $14,000 to $18,000 a month online. It’s enough to comfortably replace my old jobs income, especially considering u7 I only work about 10-13 hours a week from home. I was amazed how easy it was after I tried it copy below web…
The Question is…Has Congress ever successfully-managed anything ? Gotta believe the answer is Not-Ever. Obviously NIL is currently the Wild West with no rules nor regulations & I’ve read that some NIL “Facilitators” receive a commission of 10%-20% of the Athlete’s $$$$$.
Agree on Congress. If any entity can destroy college sports, it’s Congress with the current NCAA a close second.
Somebody has to try to regulate this. The NCAA can’t.
I actually believe the NCAA could…but apparently they could care less.
The NCAA cares only about $$$$$ anymore, not the student-athletes.
No they cannot. State legislators are passing laws which conflict with NCAA rules.
Fed gov’t laws can override state laws.
Colleges sponsor college athletic contests. These contests are not sponsored by famous players. If they are so famous that their name image and likeness takes precedence then why do they need an amateur venue like college athletics? Let them and their sponsors start a minor league football entity! Leave amateur college football to stay as amateur as possible. This is so obvious you have to be a nut not to get it. This is robbing a bank because that’s where the money is”. Pure and simple theft by deceit. Get out of college football. Go find one NFL franchise where they would like to advertise you as their water boy. We don’t want big names images and likenesses, we are fine with being educators.
There is no useful information here, what is the legislation. Is this a body attempting make and enforce laws regard the use of nil for recruitment, the solicitation and fraud committed by third parties, or is this Congress trying to control how much a citizen makes from a nongovernment source of income? Big difference.
NIL for college athletes does not need to be regulated any more than NIL for college music majors, communication majors, art majors, biology majors, or college coaches.
And no, the NCAA does not deserve an anti-trust exemption.