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Don't like where you got drafted? Go back to college. New NIL bill allows it


Don't like where you got drafted? Go back to college. New NIL bill allows it

The NCAA and college conferences asked for Congress to get involved with NIL, and guess what? They did. Republicans in the House of Representatives put forth their version (SCORE Act) in July. On Monday, three Democratic senators introduced theirs -- the SAFE Act.

What does the Student Athlete Fairness and Enforcement Act do for college athletes?

There's a lot in there. Here are five interesting tidbits:

Got drafted by the Browns and don't want to move to Cleveland? Section 202 of the bill says an athlete can get drafted and go back to college as long as they don't receive compensation from the pro league and declare their intention to return to school no later than seven days after the draft.

Meet Cody Campbell: Billionaire Texas Tech booster with plan to save college sports

Section 601 proposes to amend the Immigration and Nationality Act so foreign college athletes are no longer prohibited from NIL. Purdue's Zach Edey, a proud Canadian, was unable to capitalize on his back-to-back National Player of the Year campaigns via "traditional" NIL due to US immigration law. Because he was on an F1 visa, Edey could only profit in his home country. So when the Boilermakers scheduled games in Toronto, cha-ching.

Section 702 says the NCAA or a conference can't prohibit sponsor jersey patches in any sport as long as the money from those deals "preserve roster spots and scholarships for student athletes in non-revenue generating and women's sports at levels comparable with the 2023-24 year."

Iowa and Indiana football fans couldn't watch Saturday's game without a subscription to Peacock. That's the only place the game was available. Section 905 requires football and basketball games be available on a non-exclusive basis to at least one local outlet in the market areas for the participating institutions.

So my father-in-law won't need to come over to watch the game anymore.

Want to know how much student athletes are making in NIL? Tough. They don't have to tell you. Section 103 of the bill: "Establishes privacy protections for NIL contracts to ensure they are not disclosed without the athlete's consent and subject to federal or state open records laws."

There's a lot more in the bill. And you can parse through it yourself for more goodies, including the Federal Trade Commission (FTC) getting oversight over college sports. Wild stuff.

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