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Shortly after the Court's decision in Alston, the NCAA issued an interim name, image, and likeness policy which permits student-athletes to earn this compensation. [20] States have also followed suit by enacting similar laws. [21] To date, 29 states have some sort of NIL legislation in place since the Alston interim policy was put into place. [22]
It is also unclear if new rules could withstand further legal scrutiny, but it appears college sports is heading down a revolutionary path with at least some schools directly paying athletes to ...
The NCAA and major conferences, including the SEC and ACC, agreed to a settlement that would include almost $3 billion to current and former athletes.
Then there's state tax, where filing can get "wildly confusing," according to David, if an athlete from one state attends college in another because varying state tax laws and residency requirements.
[82] [88] The law also provides for a 5% "income disregard", making the effective income eligibility limit 138% of the poverty line. [89] States may choose to increase the income eligibility limit beyond this minimum requirement. [89] As written, the ACA withheld all Medicaid funding from states declining to participate in the expansion.
Since the turn of the 21st century, a debate has arisen over whether college athletes should be paid. [55] Although the earliest of star athletes were known to have received a variety of types of compensation (including endorsement fees), benefits to college athletes outside of academic scholarships have largely been prohibited under NCAA ...
More recently, efforts by the wealthiest universities to take better care of their athletes have put new financial pressures on other colleges. In January, the NCAA approved a change allowing Division I programs to offer athletes aid up to the full cost of attendance, which can amount to thousands of dollars a year to help players pay for ...
The college sports industry is moving closer an athlete compensation system. At this point, it seems inevitable. Sources: New college athlete compensation model may cost power schools $300M each ...