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Georgia Gov. Brian Kemp signed the state s first name, image, and likeness bill into law Thursday during a ceremony at the University of Georgia, according to Nick Bromberg of Yahoo Sports.
House Bill 617 was passed by the state legislature in March and, effective July 1, will allow student-athletes to profit from endorsements and sponsorships while keeping their amateur status.
However, the law includes a provision that allows schools to take up to 75% of a student-athlete s income from the use of their name, image, and likeness.
That share would be placed in a pool for all student-athletes at the school and paid out after graduation.
Nick Chubb calls the allegation that he got paid $180K to return to Georgia for his senior year fake news cleveland.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from cleveland.com Daily Mail and Mail on Sunday newspapers.