{"id":1978773,"date":"2023-07-20T17:16:01","date_gmt":"2023-07-20T21:16:01","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/senators-unveil-bipartisan-draft-nil-bill-for-college-sports\/"},"modified":"2023-07-20T17:20:15","modified_gmt":"2023-07-20T21:20:15","slug":"senators-unveil-bipartisan-draft-nil-bill-for-college-sports","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/senators-unveil-bipartisan-draft-nil-bill-for-college-sports\/","title":{"rendered":"Senators introduce bipartisan draft NIL bill for college sports."},"content":{"rendered":"<aside class=\"mashsb-container mashsb-main mashsb-stretched\"><div class=\"mashsb-box\"><div class=\"mashsb-count mash-medium\" style=\"&quot;\"><div class=\"counts mashsbcount\">18<\/div><span class=\"mashsb-sharetext\">SHARES<\/span><\/div><div class=\"mashsb-buttons\"><a class=\"mashicon-facebook mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https%3A%2F%2Fwww.conservativenewsdaily.net%2Fbreaking-news%2Fsenators-unveil-bipartisan-draft-nil-bill-for-college-sports%2F\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Facebook<\/span><\/a><a class=\"mashicon-twitter mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/twitter.com\/intent\/tweet?text=&amp;url=https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=1978773&amp;via=ConservNewsDly\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Twitter<\/span><\/a><a class=\"mashicon-subscribe mash-medium mash-nomargin mashsb-noshadow\" href=\"#\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Subscribe<\/span><\/a><div class=\"onoffswitch2 mash-medium mashsb-noshadow\" style=\"display:none\"><\/div><\/div>\n            <\/div>\n                <div style=\"clear:both\"><\/div><\/aside>\n            <!-- Share buttons by mashshare.net - Version: 4.0.47--><h2>A Trio of Senators Propose Bill to Standardize Name, Image, and Likeness Policies for College Athletes<\/h2>\n<p>A discussion draft of a bill that aims to federally standardize name, image, and likeness (NIL) policies for college athletes has been released\u2062 by a trio of senators. The NCAA recently lifted\u2063 its ban\u200d on college athletes receiving NIL\u2063 compensation, resulting in a surge of endorsement deals \u2062and athletes choosing schools based on earning potential. This has prompted\u200d calls for Congress to establish a \u2064national standard. Senators Cory Booker (D-NJ), Jerry Moran (R-KY), and Richard Blumenthal (D-CT) announced \u200cthe draft legislation and are seeking input from all stakeholders.<\/p>\n<h3>Formation of the &#8220;College Athletics Corporation&#8221;<\/h3>\n<p>The key tenet\u2063 of \u2062the legislation is the creation of the &#8220;College Athletics Corporation,&#8221; a\u200d central oversight entity responsible for administering and enforcing\u200c rules to protect athletes who enter into endorsement contracts. The draft bill allows college athletes to have representatives\u200c who can\u200d assist them with contracts, finances, marketing, and brand management.<\/p>\n<p>During a call with reporters, \u2063Senator Moran emphasized that the bill aims to stabilize college athletics and \u200censure fair treatment for college \u200bathletes. The senators are committed to developing\u2063 a bipartisan consensus that will\u2064 be acceptable \u200bto both Republicans\u200c and Democrats, with the ultimate goal of passing the legislation and presenting it to\u200b President Joe Biden.<\/p>\n<p>Seeking\u2062 Transparency and Safeguarding Athletes<\/p>\n<p>The College Athletics Corporation\u200c would maintain a public database containing all endorsement contracts for <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/aclu-issues-twitter-thread-allegedly-debunking-myths-about-trans-students-in-sports\/\" title=\"ACLU Issues Twitter Thread Allegedly Debunking \u2018Myths\u2019 About Trans Students In Sports\">student-athletes<\/a>, promoting transparency. Representatives\u200b involved in NIL deals\u200b would need to undergo a certification process.\u2064 The draft bill also establishes a\u2062 medical \u2064trust fund to cover the out-of-pocket\u2063 costs of injured athletes, <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/senators-unveil-bipartisan-draft-nil-bill-for-college-sports\/\" title=\"Senators introduce bipartisan draft NIL bill for college sports.\">including long-term conditions resulting<\/a> from their participation in\u200c sports. It also prioritizes education by ensuring that athletes continue to <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/biden-makes-surprise-trip-to-ukraine-in-first-visit-since-war-began\/\" title=\"Biden Makes Surprise Trip to Ukraine in First Visit Since War Began\">receive financial aid<\/a> for tuition, books, and other fees until they \u200dgraduate.<\/p>\n<p>Financial Literacy and Lifestyle Development<\/p>\n<p>The legislation requires student-athletes \u2062to\u2064 take financial literacy and \u2062lifestyle development courses, providing them with knowledge about income and NIL endorsements. This\u2063 initiative aims to equip athletes with\u2063 essential skills for managing their finances and personal lives.<\/p>\n<p>Challenges and Opposition<\/p>\n<p>While the senators have made efforts to make the draft bill inclusive and gather support, there may still be opponents depending on the specific provisions included. Some universities with limited resources or smaller budgets may face challenges in implementing certain requirements, such as financial planning courses. The employment status\u200d of college athletes remains a significant question, as \u200cthe bill does not take a position on whether they should be considered employees.<\/p>\n<p>Spurring \u2063Discussion and Seeking Support<\/p>\n<p>The senators hope that the release of the discussion draft will stimulate dialogue and lead to a\u2064 final bill that receives enough support to become law. They have consulted with athletic conferences, athletic directors, players, and player groups in the crafting of the draft legislation.<\/p>\n<p>&#8220;This bipartisan proposal represents a major step\u2063 forward, and I&#8217;m grateful for the partnership with Senators Blumenthal and\u2063 Moran,&#8221; said Senator Booker.\u2064 &#8220;It would make college athletics \u200dfairer, safer, and more just, and empower\u200c more young people to succeed in sports and beyond.&#8221;<\/p>\n<p><a href=\"https:\/\/www.washingtonexaminer.com\/\">Click here<\/a> to read more from The \u2062Washington Examiner.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>A bill draft by three senators aims to establish federal standards for name, image, and likeness policies in college sports. Since the NCAA lifted its ban on NIL compensation in 2021, there has been a surge in endorsement deals and more athletes pursuing such opportunities.<\/p>\n","protected":false},"author":1,"featured_media":1978774,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","fifu_image_url":"https:\/\/cndimages.nyc3.digitaloceanspaces.com\/breaking-news\/wp-content\/uploads\/2021\/01\/IMG_2758-scaled-1.jpg","fifu_image_alt":"","footnotes":""},"categories":[538],"tags":[],"class_list":["post-1978773","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-washington-examiner"],"fifu_image_url":"https:\/\/cndimages.nyc3.digitaloceanspaces.com\/breaking-news\/wp-content\/uploads\/2021\/01\/IMG_2758-scaled-1.jpg","_links":{"self":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1978773","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/comments?post=1978773"}],"version-history":[{"count":0,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1978773\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media\/1978774"}],"wp:attachment":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media?parent=1978773"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/categories?post=1978773"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/tags?post=1978773"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}