The National Collegiate Athletic Association (NCAA) recently proposed a new set of rules to implement its name, image, and likeness (NIL) regulations. The new rules include an agent registry and deal disclosure requirements that will help protect student-athletes from potential exploitation.
The NCAA’s NIL regulations, which are set to take effect in 2021, will allow student-athletes to receive compensation for the use of their name, image, and likeness. The NCAA’s new rules are designed to ensure that student-athletes are not taken advantage of by agents or other third parties.
Under the proposed rules, agents who wish to represent student-athletes must register with the NCAA and disclose any deals they have made with student-athletes. This will allow the NCAA to monitor the deals and ensure that student-athletes are receiving fair compensation. The NCAA will also require agents to provide educational materials to student-athletes about the risks associated with signing deals.
The NCAA’s proposed rules also include a requirement that student-athletes must disclose any deals they have made with agents or other third parties. This will help ensure that student-athletes are aware of the terms of their deals and are not being taken advantage of.
The NCAA’s proposed rules are an important step in protecting student-athletes from potential exploitation. By requiring agents to register with the NCAA and disclose deals, as well as requiring student-athletes to disclose their deals, the NCAA is taking steps to ensure that student-athletes are receiving fair compensation for the use of their name, image, and likeness.
The NCAA’s proposed rules are a positive step forward in implementing its NIL regulations. By taking these steps, the NCAA is ensuring that student-athletes are protected from potential exploitation and are receiving fair compensation for the use of their name, image, and likeness.