Utah Legislature Passes Bill Requiring School Approval for College Athletes' NIL Deals
The new legislation, effective May 1, aims to regulate student-athletes' endorsements, sparking debate over transparency and athletes' rights.
- Utah Legislature passes bill requiring college athletes to seek school approval for NIL deals exceeding $600.
- The bill aims to give universities more control over student-athletes' marketing partnerships and will take effect on May 1.
- Student-athletes are prohibited from promoting alcohol, marijuana, controlled substances, tobacco products, gambling, sports-betting, sexually oriented businesses, and firearms they cannot legally possess.
- The legislation has sparked debate, with critics arguing it restricts student-athletes' ability to benefit from their achievements and undermines transparency.
- NCAA President announces halt to all investigations into booster-backed collectives or other third parties making NIL deals with Division I athletes.