NCAA Convention: NIL Proposal Approved to Protect Student-Athletes

The NCAA Division I Council approved a proposal that is intended to provide student-athletes with “protections” related to Name, Image, and Likeness activities. This becomes effective on August 1, 2024.

The four elements of this legislation are:

  • Voluntary registration for NIL service providers. The goal is to collect and publish information about service providers to help student-athletes make informed decisions about who to work with.
  • Disclosure requirements. Within 30 days after signing an NIL agreement, current student-athletes will be required to disclose information to their school related to agreements that exceed $600 in value. Recruits with NIL agreements will be required to disclose such information within 30 days of enrollment.
  • Standardized contracts. “The NCAA will work with schools to provide student-athletes … a template contract and recommended contract terms, to ensure student-athletes and their families make informed decisions about NIL agreements.”
  • Comprehensive NIL education. The NCAA “…will provide ongoing education and resources to support student-athletes…on policies, rules and best practices pertaining to NIL.”

If you have any questions, contact our office at 913-766-1235 or send an email to rick@informedathlete.com.