With the NCAA overhauling its name, image and likeness protocols back in June, athletes have profited through several deals and partnerships with companies both locally and nationally. In conjunction with that, the University of Texas is now going to start paying its athletes directly.
Thanks to a recent Supreme Court decision in the Alston v. NCAA case, NCAA athletes are now eligible to get education-related benefits, including money for tutors and school-related equipment, up to a maximum value of $5,980. Texas announced Nov. 24 that it would be taking advantage of this, starting in the 2022 spring semester, with athlete that have been cleared for competition receiving $2,990 in the spring and $2,990 in the fall.
“We’re excited to be able to provide our student-athletes with additional support, but as importantly, to continue to initiate programs that focus on their academic commitment and success,” UT athletic director Chris Del Conte said in a statement.
The Big 12 voted in October to let each member institution determine how much of the new benefit they would pay to athletes.
It is just another way for collegiate athletes to take advantage of their abilities and notoriety. The NCAA made sweeping changes to its NIL policies over the summer, something that president Mark Emmert saw as a necessity.
“This is an important day for college athletes since they all are now able to take advantage of name, image and likeness opportunities,” NCAA President Mark Emmert said in a statement. “With the variety of state laws adopted across the country, we will continue to work with Congress to develop a solution that will provide clarity on a national level. The current environment — both legal and legislative — prevents us from providing a more permanent solution and the level of detail student-athletes deserve. "The policy provides the following guidance to college athletes, recruits, their families and member schools:
Individuals can engage in NIL activities that are consistent with the law of the state where the school is located. Colleges and universities are responsible for determining whether those activities are consistent with state law.
College athletes who attend a school in a state without an NIL law can engage in this type of activity without violating NCAA rules related to name, image and likeness.
Individuals can use a professional services provider for NIL activities.
Student-athletes should report NIL activities consistent with state law or school and conference requirements to their school.
Athletes have already found many creative ways to take advantage of this. In that same vein, Texas is one of the first of many schools to start directly paying its athletes.
Comentarios