College athletes will be able to use their school names and logos to earn cash under a new law, Connecticut Gov. Ned Lamont said.
The Democratic governor signed Public Act 22-11 into law this week that, beginning July 1, will give student-athletes the right to use their university or college’s name, trademarks, mascots, colors, copyrights, and other insignia to earn profits with the name, likeness, and images, known as NIL, for endorsement contracts.
More than 20 new laws, passed by the Tennessee General Assembly earlier last year, officially took effect on January 1, impacting many residents throughout the state.
The new laws range in scope from criminal justice reform to protections for college athletes.
Beginning July 1st, a new law will allow student athletes in Florida who play for a college or university the ability to profit from third-party organizations using their name, image, and likeness or NIL.
While NIL was set to be discussed on June 22nd by the Florida Board of Governors who oversee state universities, the proposal by the Board of Education Thursday established NIL rules to include state colleges within the new law.
Tennessee will allow its college athletes to be compensated for any use of their name, image, and likeness (NIL), beginning next January. Governor Bill Lee signed the bill into law on Tuesday.
Current NCAA rules don’t allow college athletes to receive NIL compensation from opportunities like sponsorships or endorsements. That’s because the NCAA requires college athletes to maintain “amateur athletic status.” In addition to prohibiting compensation based on NIL, college athletes are prohibited from receiving additional compensation for competition, training expense funds, or prize money from competing. The NCAA also doesn’t allow college athletes to be represented or marketed by agents or other professionals.