Posted: August 19th, 2020
By: Gabe Marx
The sports world has gone head-to-head with the NCAA for over a decade, arguing that college athletes should be allowed to benefit fully for their on-field success in the form of compensation for their name, image, and likeness (“NIL”). Despite consistent pushback, both legal and societal, the battle for NIL compensation has been slow developing as the NCAA’s amateurism rules have long prevented athletes from receiving such compensation. In the past month, however, the five largest and most impactful NCAA athletic conferences known as “the Power 5” (Big 10, SEC, Big 12, Pac 12, and ACC) joined forces to produce a new piece of legislation entitled the “Student-Athlete Equity Act of 2020,” once again spurring the debate about the NIL rights of student-athletes.