• Loading stock data...
Wednesday, December 11, 2024
Tune in on Dec. 11 at 1:05 p.m. ET for our last Future of Sports virtual summit of the year – Future of Sports: Marketing! Register Now

New NIL Bill Restricts NCAA’s Rights

  • Sen. Chris Murphy and Rep. Lori Trahan introduced the latest federal bill to allow college athletes to profit off the use of their name, image, and likeness.
  • The bill allows for group licensing rights, and prohibits the NCAA from limiting the amount of compensation athletes can receive.
Hannah Gaber-USA TODAY

Sen. Chris Murphy (D-Conn.) and Rep. Lori Trahan (D-Mass.) introduced the latest federal bill to allow college athletes to profit off the use of their name, image, and likeness.

It’s time to admit that something is very rotten when the industry makes $15 billion a year and many athletes can’t afford to put food on the table or pay for a plane ticket for their parents to see them perform,” Murphy said in a statement. 

The College Athlete Economic Freedom Act sits on the liberal end of the NIL legislation spectrum:

  • It prohibits schools from putting a ceiling on the amount of compensation athletes could receive, and from keeping athletes from representation in entering NIL deals.
  • It allows for college athletes to participate in group licensing deals — meaning that athletes could appear in properties like the future “EA Sports College Football” video game, for example.
  • It holds that schools violating the act would also be violating the Sherman Antitrust Act, which is significant given that the NCAA is currently lobbying for an antitrust exemption.

The bill’s stance on NIL is similar to that of Sen. Cory Booker’s College Athlete Bill of Rights, which would also allow for athletes to participate in group licensing deals. 

But unlike Booker’s bill, Murphy and Trahan’s bill doesn’t address other athletes rights questions, like whether athletes should be entitled to lifelong health benefits or education resources.

“Giving students a right to make money off endorsements is just one part of a much broader package of reforms,” Murphy said. “But it’s a good start.”

Linkedin
Whatsapp
Copy Link
Link Copied
Link Copied

What to Read

BYU Secures No. 1 2026 Hoops Recruit With $7 Million NIL Deal

Dybantsa chose BYU over UNC, Kansas, and Alabama.

Transfer Portal Chaos: Record Moves, Star QBs, and NIL Deals Reshape CFB

There has been unprecedented portal activity this year.
Oct 22, 2024; Kansas City, MO, USA; TCU Horned Frogs center Sedona Prince (13) talks to media during Big 12 Women’s Basketball Media Day at T-Mobile Center.

Athletes in Landmark House Case Ask for College Players’ Association

Plaintiffs in the House v. NCAA case want more than just revenue-sharing.
DraftKings

Sens. Say DraftKings, FanDuel May Have Conspired to Crush Competition: ‘One Company’

The senators asked the FTC and DOJ to investigate the gambling companies.

Featured Today

Nov 2, 2024; Denver, Colorado, USA; Detailed view of a Wilson NBA basketball held by a referee during the second half between the Utah Jazz against the Denver Nuggets at Ball Arena

‘Obvious Weak Point’: Refs Remain an NBA Gambling Concern

A season after Jontay Porter, the biggest risk may not be players.
Nov 2, 2024; Ann Arbor, Michigan, USA; Michigan Wolverines cheerleader runs with a flag before the game against the Oregon Ducks at Michigan Stadium.
opinion
December 7, 2024

College Football’s Billionaire Backer Era Begins

Is this the new normal in CFB recruiting?
LA Galaxy forward Dejan Joveljic (9) celebrates with midfielder Riqui Puig (10) after scoring a goal against Seattle Sounders FC in the second half in the 2024 MLS Cup Western Conference Final match at Dignity Health Sports Park
December 6, 2024

With or Without Messi, Major League Soccer Is Barreling Into the Future

After the Cup final, the league looks to accelerate its growth.
Dec 18, 2022; Lusail, Qatar; FIFA president Gianni Infantino claps during the awards ceremony after the 2022 World Cup final between Argentina and France at Lusail Stadium.
December 2, 2024

FIFA Wants More Matches. Resistance Is Growing Inside the Global Soccer World

Resentment and frustration over expanded schedules is nearing a breaking point.

College Football Playoff Teams Paid $27M for Non-Conference Schedules

Texas led the way with three games that cost $4.9 million.
December 8, 2024

ESPN, ABC To Simulcast First Non-NBC Notre Dame Home Game Since 1990

The Fighting Irish will play the first game of the College Football Playoff.
December 9, 2024

CFP Era Redefines Bowl Season: Tradition Meets Transformation

The 12-team College Football Playoff is changing Bowl Season.
Sponsored

How UBS Crafts Impactful Partnerships Across Sports, Arts, and Culture

As UBS continues to expand its impressive array of sports and entertainment partnerships, the company solidifies its position as a leader in wealth management.
December 8, 2024

Big Ten Tops SEC With Four College Football Playoff Bids

The SEC ended up with three CFP teams after Alabama was left out.
December 8, 2024

TNT Will Broadcast Clemson-Texas, SMU–Penn St. CFP Games

The network will broadcast Clemson at Texas and SMU at Penn State.
December 8, 2024

SMU Awarded Final College Football Playoff Spot, Booting Alabama

The Mustangs qualified despite losing the ACC championship game.
December 8, 2024

Boise State First, Only Group of 5 Team in Expanded College Football..

We very much consider ourselves the Power 4,” Boise State’s AD said.