There are no fewer than five NIL-adjacent bill proposals under discussion at various levels of the federal government, with all protecting the ability of athletes to enter into NIL deals. NicoleAuerbach explains why each of them might matter ⤵️
It’s been a busy few weeks for college athletics on Capitol Hill, where multiple drafts of potential federal legislation governing the name, image and likeness industry now sit at various stages within the two chambers of Congress.
“There’s increasing interest and recognition of the need for Congressional engagement to resolve these issues,” SEC commissioner Greg Sankey said Monday. “What’s happening at the state level is exactly what we warned about. Our states are making a mess of college athletics. Our states are adopting laws that are not helpful to conduct conference competition and national competition. …
In short, if those states think the schools under their purview have an advantage over their rivals in other states by setting their own boundary-pushing NIL laws, why would they put that aside to support a more restrictive national policy? It’s another wrinkle in a process full of them.There are no fewer than five NIL-adjacent bill proposals under discussion at various levels of the federal government, with all protecting the ability of athletes to enter into NIL deals.
If — and that’s a big if — any legislation eventually makes it to both chambers for a vote, it will need bipartisan support, which necessitates compromise. It will also require a sense of urgency. Baker has pushed publicly for months for regulations he’s labeled as “consumer protections.” It’s been an effective strategy in his effort to attract lawmakers; of course, everyone who can would want to crack down on bad actors taking advantage of college athletes, whether they be boosters or agents.
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