NCAA Moves Forward With New Name, Image and Likeness Proposals

NCAA governing bodies as early as January plan to vote on policies that would dictate how college athletes would profit from their name, image and likeness.Under the proposal, athletes would be required to report to their institutions any NIL deal valued at a certain amount, which the NCAA suggested could be $600. They would need to do that within 30 days of striking an NIL agreement. Colleges would then anonymize that information and report it to the NCAA’s national office or a third party chosen by the association. The policies would also allow the NCAA to recommend use of standardized NIL contracts that the association develops.