March 7th, 2019 | by CollegeAD

A North Carolina congressman will introduce a bill next week to that would allow NCAA student athletes to profit from the use of their name, likeness and image, according to The News & Observer. Rep. Mark Walker plans to propose the Student-Athlete Equity Act that would change the definition of a qualified amateur sports organization in the tax code. The bill does not intend to ask universities to pay student athletes but to allow amateur athletes the ability to be paid by third parties. It would amend the Internal Revenue Code of 1986. Walker has met with NCAA representatives and said he is “open to considering possible NCAA restrictions or guidelines” on the proposed legistlation. Walker will introduce the bill just days before March Madness begins on Tuesday, March 19. -Jenna West, si. Read More.

About CollegeAD
Have a tip, job posting, or press release for CollegeAD? Email us atĀ [email protected], or direct messageĀ @collegead. Sources always remain anonymous.

Comments are closed.

A Briefing Of The Day's College Athletics News
To Your Inbox Tonight.

* indicates required