|NCAA President Mark Emmert has been added as a speaker to the Aspen Institute Sports & Society Program’s December 17 event entitled, “Future of College Sports: Government’s Role in Athlete Pay.”
There is now widespread public support for allowing college athletes to make money off their own name, image and likeness (NIL), led by California becoming the first state to allow athletes to profit off their name, beginning in 2023. More than a dozen other states are showing interest in creating similar laws. Federal legislation has been proposed by Republican North Carolina Congressman Mark Walker that would amend the definition of a qualified amateur sports organization in the tax code to remove the restriction on athletes profiting off their NIL.
Meanwhile, the NCAA announced it will permit college athletes “the opportunity to benefit from the use of their name, image and likeness.” The statement lacked any specific policies or procedures at this time, only principles and guidelines for each NCAA division to begin the process of creating its rules.
What if Congress developed a national solution to the college athlete pay debate? Should the federal government get involved, and if so, how? What would be the implications for the NCAA and college athletes? What interest does Congress have to potentially create a federal law instead of the state-by-state approach?
What: Future of College Sports (free event)
When: Tuesday, Dec. 17 (lunch 11:45 am ET, program 12:30-2:30 pm)
Where: Aspen Institute (2300 N St,, NW, Washington DC)
Visit www.aspeninstitute.org to register.