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Photo: Patrick Smith/Getty Images

The NCAA's Board of Governors announced Wednesday that it supports rule changes that would allow student-athletes to receive compensation for their names, images and likenesses.

Yes, but: Don't expect a free market for student-athletes just yet. While the NCAA cleared the way to support third-party endorsements and other money-making opportunities, like social-media influencing and personal appearances, its announcement still leaves a number of questions moving forward.

  • The NCAA wants to ask Congress to back a federal law that would preempt piecemeal action by states on the issue — and codify that student-athletes aren't university employees.
  • It said that it does not want student-athletes' name, image or likeness to be used to support schools' recruiting or their boosters, which is a provision that could ultimately be impossible to enforce.
  • It also believes there are "legal hurdles" that would prevent student-athletes from making money on licensing for "group products" like video games.

The big picture: California Gov. Gavin Newsom signed a bill into law last September that allowed the state's college athletes to accept endorsement deals by 2023, upending the decades-long precedent set by the NCAA.

What's next: The Board of Governors' recommendations will be submitted to the NCAA's three divisions, which will likely adopt the suggested changes moving into the 2021-2022 academic year.

Go deeper

Kendall Baker, author of Sports
Aug 5, 2020 - Sports

The return of high school sports hangs in the balance

Data: MaxPreps, Axios research; Cartogram: Andrew Witherspoon/Axios

As local governments go to war over whether high schools can open, the fate of the fall sports season hangs in the balance.

The state of play: The National Federation of State High School Associations has offered a 16-page guide to help states resume athletics, but with so many organizations and school districts involved, there has been little uniformity.

NY declares state of emergency amid concerns over Omicron COVID variant

Governor Kathy Hochul makes an announcement about a new plan transforming Penn Station on Nov. 3, 2021. Photo: Lev Radin/Pacific Press/LightRocket via Getty Images

New York Gov. Kathy Hochul on Friday declared a state of emergency amid rising COVID-19 cases and the newly-identified Omicron variant of the virus.

Driving the news: The declaration enables the state to acquire supplies to fight a potential surge in cases, increase hospital capacity and combat potential staff shortages, NBC's local affiliate reports.

44 mins ago - Health

First cases of COVID-19 Omicron variant discovered in United Kingdom

People wearing masks walk in London on Nov. 25. Photo: Li Ying/Xinhua via Getty Images

Two cases of the new COVID-19 Omicron variant were detected in the United Kingdom overnight, the U.K. Health Security Agency announced Saturday.

Why it matters: The discovery comes as the world scrambles to respond to concerns over the new variant, discovered in South Africa earlier this week.