Regulatory body urges colleges to agree to pay
Key Points:
- Bryan Seeley, CEO of the College Sports Commission (CSC), urged Division I schools to sign an agreement outlining new rules on paying college athletes, emphasizing the importance of collective action to address ongoing problems in college sports.
- The agreement, sent to 68 schools from the four largest Division I conferences, details CSC's role in monitoring the $20.5 million allowed for players' name, image, and likeness (NIL) payments and regulating third-party payments.
- A key point of contention is the agreement's clause prohibiting schools from suing the CSC, which has led some state attorneys general, including Texas AG Ken Paxton, to label it a "power grab" and advise schools not to sign.
- Presidents of Arizona