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NCAA to allow athletes to cash in on their fame

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Apr 8, 2019; Minneapolis, MN, USA; Virginia Cavaliers players celebrate after defeating the Texas Tech Red Raiders in the championship game of the 2019 men's Final Four at US Bank Stadium. Mandatory Credit: Brace Hemmelgarn-USA TODAY Sports

ATLANTA (AP) — The NCAA Board of Governors has taken the first step toward allowing athletes to cash in on their fame. The board voted unanimously on Tuesday to clear the way for the amateur athletes to “benefit from the use of their name, image and likeness.”

The vote came during a meeting at Emory University in Atlanta.

NCAA rules have long barred players from hiring agents and the association has steadfastly refused to allow players to be paid by their schools, with some exceptions. A California law set to take effect in 2023 would prevent athletes from losing their scholarships or being kicked off their teams for signing endorsement deals. Other states could put laws in place earlier than that.

In a news release, board chair Michael V. Drake said the board realized that it “must embrace change to provide the best possible experience for college athletes.”

The NCAA says it represents some 450,000 athletes nationwide.

 

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