The NCAA Power Four commissioned has asked Congress to regulate the name, image and image (NIL), as well as the transfer portal to create a national standard.
“Greg Sankey, Jim Phillips, Tony Petitti and Brett Yormark have been in Capitol Hill to discuss with Congress how he can help regulate null and the transfer portal, the latter of which remains a success between the new money of the university”, “,”, “
Since its opening at the end of March, since many university basketball players of Division I of the 1,000 axis have entered the transfer portal, a database that lists their desire to transfer institutions.
Duration An interview in a special report, Brett Yormark, Commissioner Big 12, told Brett Baier that Congress needs to establish a national standard.
“We need Congress help,” said Yormark. “From where I feel today, the federal preference, which has a standardized platform that supervises and governs null, is vital. Today, 34 states see it very differently, and it is relatively rebellious.”
The Big Ten commissioner, Tony Petitti, added that state regulations per state have become too complicated and expensive to be sustainable.
“The volume of laws that are being approved at the state level really makes us regulate and compete at the national level,” Petiti said. “Every time someone does not like a decision, or something comes from the NCAA, we end up in litigation. Those rules are added and we return to the beginning.”
“We hope that the combination of what we have done in the agreement gives us an opportunity, with some help from Congress, to really put a system in a place that has some stability,” he added. “We have crossed the bridge of being willing to provide income … but we need structure. We can have a system that has a complete unregulated movement.”
In 2024, the NCAA voted to accept a $ 2.8 billion settlement agreement that would allow schools to pay 22 percent of their income from the media rights, the sale of tickets and sponsorship directly to university athletes.
“Nola.com said the agreement would sacrifice more than $ 2.5 billion to athletes who could not earn zero money before NCAA changed its rules in 2021,” Fox News added. “The report also noted that most of the damage would be paid to former soccer and male basketball players of Power’s conference schools because their sports generate more income.”
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