New VA law: Schools can pay athletes directly for NIL.
Posted: Sat Apr 20, 2024 7:18 pm
Virginia law allows schools to pay athletes for NIL
Schools in Virginia will be able to directly pay athletes via name, image and likeness deals thanks to a state law signed Thursday morning, marking another significant step in the professionalization of college sports.
The new law, which is scheduled to take effect July 1, is the first in any state to make it illegal for the NCAA to punish a school for compensating athletes for their NIL rights…
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