The NCAA Board of Governors and several states (California, Florida and now Michigan) have passed “Fair Pay to Play” rules and laws. The Michigan law was signed by the governor yesterday and is now the law in Michigan.
If there was ever anything that is likely to change the landscape of college athletics, it’s laws like this one. Things are changing so quickly that it’s hard to keep up. California was the first to enact a law, followed by Florida and now Michigan.
Basically the rules and laws provide that state colleges, universities and governing athletic organizations shall be prohibited from preventing or regulating college athletes from receiving compensation for the use or sale of their name, image or likeness rights.
There are estimates that top-level college athletes—Heisman winners, stars of championship teams, top draft picks, etc.—could earn upwards of a million dollars a year. Even run-of-the-mill college athletes could earn more than $10-15,000 per year selling rights for the use of their names or likenesses individually or in groups.
Think about how well-paid, even very wealthy, individual athletes will change the landscape of intercollegiate athletics... recruiting, coaching, more frequent use of the transfer portal, pro drafts, even high school athletics. These laws are certain to change college athletics.
How about some thoughtful discussion?
If there was ever anything that is likely to change the landscape of college athletics, it’s laws like this one. Things are changing so quickly that it’s hard to keep up. California was the first to enact a law, followed by Florida and now Michigan.
Basically the rules and laws provide that state colleges, universities and governing athletic organizations shall be prohibited from preventing or regulating college athletes from receiving compensation for the use or sale of their name, image or likeness rights.
There are estimates that top-level college athletes—Heisman winners, stars of championship teams, top draft picks, etc.—could earn upwards of a million dollars a year. Even run-of-the-mill college athletes could earn more than $10-15,000 per year selling rights for the use of their names or likenesses individually or in groups.
Think about how well-paid, even very wealthy, individual athletes will change the landscape of intercollegiate athletics... recruiting, coaching, more frequent use of the transfer portal, pro drafts, even high school athletics. These laws are certain to change college athletics.
How about some thoughtful discussion?
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