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New Bill introduced to change NCAA oversight and NIL
- Thread starter SycfromBirth
- Start date
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Curious how much this adds to our expenses:
The legislation would require four-year schools and colleges to offer health insurance to athletes who are uninsured for eight years after they graduate. Institutions whose athletics departments generate a certain revenue threshold would be required to pay out-of-pocket expenses. If the institution makes more than $20 million in athletics revenue, it would be required to pay expenses for two years; if it makes more than $50 million, it would be required to pay four years.
If that $20m figure does not slide, we'll likely be there in a couple more years with inflation.
The legislation would require four-year schools and colleges to offer health insurance to athletes who are uninsured for eight years after they graduate. Institutions whose athletics departments generate a certain revenue threshold would be required to pay out-of-pocket expenses. If the institution makes more than $20 million in athletics revenue, it would be required to pay expenses for two years; if it makes more than $50 million, it would be required to pay four years.
If that $20m figure does not slide, we'll likely be there in a couple more years with inflation.
Didn't say anything about gender restrictions. Would be a good place for it, although, it might not pass. It's part of the Democrat platform to not protect women's sports.
Riley Gaines' teammates were told if they did not want to see penises in their locker room, they would be given a phone number for counseling.
Riley Gaines' teammates were told if they did not want to see penises in their locker room, they would be given a phone number for counseling.
From another article linked in this one:
Specifically, the PASS Act would:
Specifically, the PASS Act would:
- Protect student-athletes by:
- Requiring collectives and boosters to be affiliated with a college or school.
- Establishing a national standard for NIL.
- Preserving Title IX and ensuring that nothing in the PASS Act affects the rights of any student-athlete
sor any programs funded through Title IX.
- Protect higher education institutions by:
- Ensuring that schools, conferences, and associations are not liable for their efforts to comply with the PASS Act.
- Prohibiting NIL agreements that involve alcohol, drugs, or conflict with existing school and conference licenses.
- Requiring student-athletes to ask permission to make use of existing intellectual property (IP).
- Preserve the future of college sports by prohibiting inducements.
- Improve transparency of NIL activities by:
- Requiring agents and collectives to register with a regulating body.
- Establishing a public-facing website to publish anonymized NIL data.
- Requiring all NIL contracts to be disclosed within 30 days.
- Moderate the Transfer Portal by:
- Requiring student-athletes to complete their first three years of academic eligibility before allowing them to transfer without penalty, subject to a few exceptions.
- Ensure the health and safety of student-athletes by:
- Guaranteeing health insurance for sports-related injuries for uninsured student-athletes for 8 years following graduation from a 4-year institution.
- Requiring institutions generating more than $20 million and $50 million in athletics revenue to pay out-of-pocket expenses for two and four years, respectively.
- Requiring institutions to honor the original scholarship commitment made to a student-athlete.
- Implementing a Uniform Standard Contract for student-athlete use for NIL deals.
- Enhancing curriculum on financial literacy, NIL rights, and related legal and regulatory issues.
- Strengthen enforcement and oversight by directing the NCAA to oversee and investigate NIL activities and report violations to the Federal Trade Commission.
Notice that gambling is not omitted from #2 under "protect institutions" above although it has been explicitly prohibited in previous NCAA advertising regulations. Interesting.
Also, interesting that you can request to use IP in NIL so that likely could lead to the schools themselves having NIL offices where they find opportunities for the players down the road and they will allow them to be in uniform, use school logos, etc.
Also, interesting that you can request to use IP in NIL so that likely could lead to the schools themselves having NIL offices where they find opportunities for the players down the road and they will allow them to be in uniform, use school logos, etc.
See #3 -- Preserve Title IX.
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Depends on what the definition of "is" is...