NCAA to Allow its Athletes to Make Money

The NCAA might finally be accepting that its athletes have to think of its top prospect's well-being or they will not get any fans watching games in the future.

The league announced Wednesday morning that the NCAA Board of Governors expressed support for rule changes to allow college athletes to be paid

College players can now be compensated for their name, image and likeness. 

NCAA to athletes to make money

The NCAA Board met to discuss the issue this week. They came to agreement that the athletes should be allowed to receive compensation for third-party endorsements without jeopardizing their eligibility.

Although players can now accept paid endorsements and sponsorships, they aren't allowed to use conference or school logos and trademarks.

College athletes will be allowed to endorse brands both related and separate from athletics, as well as receive payment for sponsored social media posts and appearances as well. 
The best part of this is there is no cap as to how much a college player can be paid.

When will the new rule apply?

NCAA’s three divisions — Division I, II and III will start moving towards adopting the new rule in January ahead of the 2021-22 academic year. 

Here are the guidelines as per NCAA:

  • Ensuring student-athletes are treated similarly to non-athlete students unless a compelling reason exists to differentiate. 
  • Maintaining the priorities of education and the collegiate experience to provide opportunities for student-athlete success. 
  • Ensuring rules are transparent, focused and enforceable, and facilitating fair and balanced competition. 
  • Making clear the distinction between collegiate and professional opportunities. 
  • Making clear that compensation for athletics performance or participation is impermissible. 
  • Reaffirming that student-athletes are students first and not employees of the university. 
  • Enhancing principles of diversity, inclusion and gender equity. 
  • Protecting the recruiting environment and prohibiting inducements to select, remain at or transfer to a specific institution.
Will High School standouts reconsider their playing options once again? How will this affect the ones who chose to go pro after high school? Let's talk about everything in the comments below.

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