Report: NCAA Approves Interim NIL Policy For College Athletes

The Division I Council voted on Wednesday to adopt an interim policy that would suspend amateurism rules related to name, image and likeness and college athletes will now be able to make money from endorsements and sponsorships while retaining eligibility.

The Athletic reports that the board of directors approved the interim policy, paving the way for athlete NIL compensation starting on Thursday.

Earlier this week, the NCAA said the temporary action would remain in place until federal legislation or new NCAA rules are adopted and with the NIL interim policy, schools and conferences may choose to adopt their own policies. The policy provides the following guidance to member schools, student-athletes and their families:

The Athletic's Nicole Auerbach reports that prospective student-athletes may engage in the "same type of NIL opportunities available to currently enrolled student-athletes under the interim NIL policy," per the NCAA's distributed Q&A regarding Wednesday's vote by the board of directors.

Auerbach reports that the NCAA's role in NIL, in summary — per the interim policy — is based on a reported violations standpoint of bylaw 19. The NCAA says they won't monitor for NIL violations, or assess compliance of state laws or institutional NIL policies, but will act according to current legislation and enforcement policies and procedures.

The NCAA states that schools are required to apply and report potential violations of NCAA legislation that remains applicable, including the prohibitions of pay-for-play and improper inducements, Auerbach reports.

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