NJ may speed up college athletes endorsement law to this July
TRENTON – College athletes in New Jersey might be allowed to start earning compensation from endorsement deals much sooner than had been expected – in two weeks, rather than in four years.
A state ‘name, image and likeness’ law enacted last September as part of a movement to end the National Collegiate Athletic Association restrictions on college athletes’ income included a five-year moratorium, taking effect in fall of 2025 to give the NCAA time to come up with a national plan.
But that plan has been slow to develop despite NIL laws taking effect in other states soon, and Congress hasn’t stepped in though has shown interest in the issue. So, on Tuesday, the state Senate Higher Education Committee endorsed a bill, S3931, speeding up the effective date of New Jersey’s law to July 1 of this year.
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