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Florida governor signs college athlete NIL compensation bill

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Copyright 2018 The Associated Press. All rights reserved.
Darron Cummings/AP
FILE - In this April 25, 2018, file photo, the NCAA headquarters is shown in Indianapolis. More than a dozen national associations in various sports – hockey, soccer, tennis, golf, swimming and gymnastics, among them – have signed a memo outlining “significant concerns” about effects of allowing athletes to profit for use of their names, images and likenesses (NIL). (AP Photo/Darron Cummings, File)
Florida governor signs college athlete NIL compensation bill
Posted at 12:16 PM, Jun 12, 2020
and last updated 2020-06-12 15:16:31-04

Florida Gov. Ron DeSantis has signed into law a bill that would allow college athletes in the state to earn money from endorsement deals.

The law goes into effect in July 2021.

By then, both the NCAA and Congress could have national legislation in place to lift restrictions on college athletes being paid for the use of their names, images, and likenesses.

Florida is the third state, joining California and Colorado, to pass an NIL law targeting current NCAA rules that restrict college athlete compensation.

Florida's law goes into effect 18 months earlier than the other two.

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