Pair of lawmakers introduce bipartisan federal bill for college athletes to accept endorsements
If a pair of U.S. Congressmen have their way, there could be a vote on a bill about college athletes accepting endorsements and otherwise allowed to make money in early 2021.
The bill, co-authored by Rep. Anthony Gonzalez (R-Ohio) and Rep. Emanuel Cleaver (D-Missouri), offer some restrictions on the types of products or companies college athletes would be allowed to endorse. It stops short of implementing all of the restrictions that the NCAA and other college sports administrators have asked Congress to help them impose, ESPN reported. The proposed law would also create a 13-member commission whose role would be to recommend ways for legislators to change the law as the nascent marketplace for college athletes becomes more clear and any unintended consequences emerge.
“The reality is we’re going down a path we’ve never gone down before,” Gonzalez told ESPN.
Changes are likely coming anyway, thanks to moves that more than two dozen states have made related to passed or proposed laws.
Current NCAA rules prohibit college athletes from accepting any payment from a third party in exchange for the use of his or her name, image and likeness, commonly referred to by the acronym NIL. Those bills or laws would make it illegal for colleges to enforce the NCAA’s current NIL rules.
Those changes will go into effect in some states as early as July 2021.