Forgive me if this has been posted here before...
In a nutshell:
Beyond creating a federal regulatory body to address NIL, the suggested legislation would:
but this statement stuck me...
"It is Congress' responsibility to establish a clear set of rules so our young people are protected, opportunities for them are promoted, and amateur sports of all kinds are preserved. Our goal is to ensure that NIL deals are transparent and fair, while protecting the integrity of college athletics," said Bilirakis. "I am intent on following a deliberative process that is open to more recommendations so we strike the delicate balance of preserving the ability of college athletes to profit from their own NIL while maintaining the amateur status of all college athletes. I am confident we can create a system that is fair, transparent, and beneficial for all."
1) Why would congress try to make the federal government bigger, to pointedly remove states rights? (I don't want this to be a political argument, but it's a small-government Republican from Florida leading this legislation)
2) The athletes aren't in any jeopardy. They sued as adults to get the rights to collect NIL as any other student could, there are inherent pitfalls to that system. The entities that might actually be hurt are the universities and the fans... we know better than most!!
3) Why must NIL deals be 'fair'... and to whom? What about capitalism? Is any college athlete making anything close to what Lamar Jackson or Lebron James is making on salary/endorsements? Is anyone checking if their deals are fair?
4) The integrity of college athletics has already been undermined by the NCAA and their unequal pursuit and application of punishment.
5) "maintaining amateur status"!?? that ship has sailed
Make no mistake, there are scared university administrators, coaches, and boosters behind this legislation. It isn't about the kids.
House subcommittee considering federal regulatory body to oversee NIL rights for college athletes
Two NIL hearings on Capitol Hill have resulted in movement on what the NCAA has long sought: federal legislation of NIL
www.cbssports.com
In a nutshell:
Beyond creating a federal regulatory body to address NIL, the suggested legislation would:
- Protect athletes' rights to earn NIL compensation and sign with agents. (The NCAA allows for a limited scope of NIL benefits and currently allows athletes to have agents for NIL marketing purposes only.)
- Ban "pay-for-play" by prohibiting boosters, collectives and other third parties from "offering inducements to attend or transfer" to specific institutions.
- Require registration within 30 days for agents, boosters and collectives when NIL deals are signed.
but this statement stuck me...
"It is Congress' responsibility to establish a clear set of rules so our young people are protected, opportunities for them are promoted, and amateur sports of all kinds are preserved. Our goal is to ensure that NIL deals are transparent and fair, while protecting the integrity of college athletics," said Bilirakis. "I am intent on following a deliberative process that is open to more recommendations so we strike the delicate balance of preserving the ability of college athletes to profit from their own NIL while maintaining the amateur status of all college athletes. I am confident we can create a system that is fair, transparent, and beneficial for all."
1) Why would congress try to make the federal government bigger, to pointedly remove states rights? (I don't want this to be a political argument, but it's a small-government Republican from Florida leading this legislation)
2) The athletes aren't in any jeopardy. They sued as adults to get the rights to collect NIL as any other student could, there are inherent pitfalls to that system. The entities that might actually be hurt are the universities and the fans... we know better than most!!
3) Why must NIL deals be 'fair'... and to whom? What about capitalism? Is any college athlete making anything close to what Lamar Jackson or Lebron James is making on salary/endorsements? Is anyone checking if their deals are fair?
4) The integrity of college athletics has already been undermined by the NCAA and their unequal pursuit and application of punishment.
5) "maintaining amateur status"!?? that ship has sailed
Make no mistake, there are scared university administrators, coaches, and boosters behind this legislation. It isn't about the kids.