Current:Home > InvestVirginia law allows the state’s colleges and universities to directly pay athletes through NIL deals -FutureWise Finance
Virginia law allows the state’s colleges and universities to directly pay athletes through NIL deals
View
Date:2025-04-16 19:50:23
Virginia’s governor signed a law Thursday that allows the state’s colleges and universities to directly pay athletes through name, image and likeness deals.
The law signed by Gov. Glenn Youngkin bypasses an NCAA rule that prevents schools from paying athletes under NIL guidelines. It takes effect on July 1.
NIL rules, enacted in 2021, allow college athletes to agree to deals with local and national businesses that compensate them for advertising or personal appearances. At some schools, it has led to players being granted brand new trucks to drive throughout the season — for example — or other amenities that are seen by many as giving the school a recruiting advantage.
“If this law gets us closer to a federal or a national solution for college athletics then it will be more than worthwhile,” University of Virginia athletic director Carla Williams told ESPN. “Until then, we have an obligation to ensure we maintain an elite athletics program at UVA.”
___
AP college football: https://apnews.com/hub/ap-top-25-college-football-poll and https://apnews.com/hub/college-football
veryGood! (585)
Related
- The 401(k) millionaires club keeps growing. We'll tell you how to join.
- How investigators unraveled the mystery behind the shocking murder of Jamie Faith
- TikTok says it regrets Indonesia’s decision to ban e-commerce sales on social media platforms
- McCarthy rejects Senate spending bill while scrambling for a House plan that averts a shutdown
- 'Vanderpump Rules' star DJ James Kennedy arrested on domestic violence charges
- The Explosive Real Housewives of Potomac Season 8 Trailer Features Fights, Voodoo and More
- New Hampshire sheriff pleads not guilty to theft, perjury and falsifying evidence
- Police raid Spanish soccer federation amid probe into Barcelona payments to referee exec
- Rylee Arnold Shares a Long
- 'The truth has finally set him free.': Man released after serving 28 years for crime he didn't commit
Ranking
- Finally, good retirement news! Southwest pilots' plan is a bright spot, experts say
- In Detroit suburbs, Trump criticizes Biden, Democrats, automakers over electric vehicles
- Lightning strike kills 16-year-old Florida girl who was out hunting with her dad
- Renting vs. buying a house: The good option for your wallet got even better this year
- See you latte: Starbucks plans to cut 30% of its menu
- Watch Live: Top House Republicans outline basis for Biden impeachment inquiry in first hearing
- America’s Got Talent Season 18 Winner Revealed
- Burkina Faso's junta announces thwarted military coup attempt
Recommendation
Where will Elmo go? HBO moves away from 'Sesame Street'
Powerball jackpot soars to $925 million ahead of next drawing
ExxonMobil loses bid to truck millions of gallons of crude oil through central California
Michigan State fires football coach Mel Tucker in stunning fall from elite coaching ranks
What do we know about the mysterious drones reported flying over New Jersey?
7 corpses, 5 bags of body parts found scattered around Mexican city after acts of disloyalty within cartel
Production at German Volkswagen plants resumes after disruption caused by an IT problem
Damian Lillard addresses Trail Blazers-Bucks trade in 'Farewell' song