Sign up for our daily briefing

Make your busy days simpler with Axios AM/PM. Catch up on what's new and why it matters in just 5 minutes.

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Catch up on coronavirus stories and special reports, curated by Mike Allen everyday

Catch up on coronavirus stories and special reports, curated by Mike Allen everyday

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Denver news in your inbox

Catch up on the most important stories affecting your hometown with Axios Denver

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Des Moines news in your inbox

Catch up on the most important stories affecting your hometown with Axios Des Moines

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Minneapolis-St. Paul news in your inbox

Catch up on the most important stories affecting your hometown with Axios Twin Cities

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Tampa Bay news in your inbox

Catch up on the most important stories affecting your hometown with Axios Tampa Bay

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Charlotte news in your inbox

Catch up on the most important stories affecting your hometown with Axios Charlotte

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Illustration: Sarah Grillo/Axios

The NCAA is one step closer to allowing student athletes to earn compensation for their name, image and likeness, with a new proposal expected to be approved in January.

Details: Once approved, the bylaw would be implemented ahead of the 2021-22 school year.

  • Four ways to earn: Student athletes would be able to conduct private lessons or camps, endorse products, sell autographs and crowdfund for things like charities and family emergencies.
  • Restrictions: School logos must be absent from any of the above and athletes can't endorse products that conflict with existing school sponsorships or NCAA legislation (i.e. banned substances, gambling).
  • Oversight: There will be a third-party platform for disclosure and approval of all NIL activities.

The state of play: Though this proposal will likely pass, certain state and federal laws are also in play that would supersede anything enacted by the NCAA.

  • State: Five states have passed NIL bills, but only Florida's will take effect in 2021.
  • Federal: A few bills have been introduced in Congress, but none as promising as last month's bipartisan effort co-authored by former Ohio State WR Rep/ Anthony Gonzalez (R-Ohio) and Rep. Emanuel Cleaver (D-Mo.).

Between the lines: The NCAA asked Congress for help on this front to avoid the chaos of each state having different rules, but that doesn't mean their legislation will comply with every NCAA request.

  • In fact, the aforementioned bipartisan bill would allow athletes to promote products that conflict with their schools' active endorsements and wouldn't cap their earning potential — two provisions the NCAA disagrees with.

The big picture: Various companies have sprung up in recent years with an eye toward preparing student athletes to monetize their personal brands once NIL took effect.

  • Take INFLCR, a social media management platform founded in 2017 with the belief that NIL was inevitable.
  • They work with over 27,000 student-athletes and recently launched an NIL-specific product aimed at optimizing athletes' social footprint and giving coaches the tools to meet this younger generation where they are — online.
"As a company, we're thrilled about the fact that there's been so much acceleration on this over the past 12 months. We finally see the light at the end of the tunnel."
— Neeta Sreekanth, COO of INFLCR

The bottom line: NIL is like a race car stuck in neutral, with the NCAA, legislators, companies, schools and student athletes all revving their engines ahead of the soon-to-be-waved green flag.

Go deeper

Nov 18, 2020 - Podcasts

Joe Biden's plan to forgive student debt

President-elect Biden this week endorsed a proposal to immediately forgive up to $10,000 in student debt, with some experts arguing he could do so via executive action.

Axios Re:Cap speaks with Mike Pierce, policy director for the Student Borrower Protection Center, about Biden's plan, why it matters and what comes next.

3 hours ago - Politics & Policy

Trump to issue at least 100 pardons and commutations before leaving office

Photo: Mandel Ngan/AFP via Getty Images

President Trump plans to issue at least 100 pardons and commutations on his final full day in office Tuesday, sources familiar with the matter told Axios.

Why it matters: This is a continuation of the president's controversial December spree that saw full pardons granted to more than two dozen people — including former Trump campaign chair Paul Manafort, longtime associate Roger Stone and Charles Kushner, the father of Trump's senior adviser and son-in-law, Jared Kushner.

  • The pardons set to be issued before Trump exits the White House will be a mix of criminal justice ones and pardons for people connected to the president, the sources said.
  • CNN first reported this news.

Go deeper: Convicts turn to D.C. fixers for Trump pardons

Schumer's m(aj)ority checklist

Senate Minority Leader Chuck Schumer. Photo: Tasos Katopodis/Getty Images

Capitalizing on the Georgia runoffs, achieving a 50-50 Senate and launching an impeachment trial are weighty to-dos for getting Joe Biden's administration up and running on Day One.

What to watch: A blend of ceremonies, hearings and legal timelines will come into play on Tuesday and Wednesday so Chuck Schumer can actually claim the Senate majority and propel the new president's agenda.

You’ve caught up. Now what?

Sign up for Mike Allen’s daily Axios AM and PM newsletters to get smarter, faster on the news that matters.

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!