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The NCAA has Propose a new rule to its own NIL format that would allow Division I schools to enter directly into deals with athletes.
The rule change was brought forward by NCAA President Charlie Baker, who informed member schools via a letter. In addition to making those direct deals, schools will essentially be able to create an athlete trust fund and allow schools to set their own rules when it comes to recruiting athletes, acquiring transfers, roster sizes, and a handful of other policies.
Baker also suggested that by adopting this new rule, the NCAA would help achieve gender equity, as it would require schools to use its trust fund equally. Schools in the highest income bracket (which has yet to be determined) could get at least $30,000 to play with. Potential schools in the highest-earning category, Baker estimates, will be more affected by transfer portal, NIL and collegiate pools. These schools can create their own rules based on their unique situations to better monitor the system. That’s because Baker said he believes those higher-income institutions operate differently than the rest of the schools at the Division I level.
“[This proposal] “It begins a long-overdue conversation among members that focuses on the differences that exist between schools, conferences and divisions and how to create more permissive and flexible rules across the NCAA that put student-athletes first,” Baker said. espn. “Colleges and universities have to be more flexible, and the NCAA has to be more flexible, too.”
Baker believes these rule changes will be able to provide Congress with something tangible so that laws can be put in place to prevent athletes from being made employees of the school and prevent antitrust lawsuits.
The stakeholders will meet in January for their annual conference, and we hope they will talk about Baker’s proposal. However, there is no official timeframe for these rule changes to take effect. It seems like this could be a positive step in the right direction to ensure athletes get paid and deals are more straightforward.
