Virginia Governor Signs Law Allowing Schools to Pay Athletes for NIL Rights

Virginia Enacts New Law Defying NCAA Rules

Virginia has taken a bold step in the ongoing debate over student-athlete compensation by passing a law that allows schools to pay athletes for their name, image, and likeness (NIL) rights. Governor Glenn Youngkin signed the legislation on Thursday, setting a precedent that challenges current NCAA regulations.

The new law, which will go into effect on July 1st, 2024, prohibits the NCAA from penalizing schools for directly compensating athletes for their NIL rights. This move is significant as it directly challenges the NCAA's existing rules that forbid schools from. . .