College athletics experts and stakeholders urged Congress to enact legislation regulating the so-called 'Name, Image, and Likeness' market in college sports during a hearing of the House Small Business Committee Wednesday.
College athletics experts and stakeholders urged Congress to enact legislation regulating the so-called"Name, Image, and Likeness" market in college sports during a hearing of the House Small Business Committee Wednesday.
"Since there is no uniform set of regulations, individual states are stepping in and passing their own rules governing their universities," Williams said."This patchwork approach is putting all the colleges who compete in different states in the awkward position of choosing to comply with state law, NCAA guidelines, or conference regulations that all might be conflicting."
Texas Christian University athletics director Jeremiah Donati described the current NIL landscape as a"Wild Wild West environment" that has led to many student-athletes being"exploited, deceived and harmed for others’ personal gain." Several bills have been introduced in both chambers of Congress over the past year that would standardize NIL regulations at the federal level, and have garnered bipartisan support.
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