NIL (Name, Image, Likeness)

The proposed legal settlement by the NCAA and its Power Five conferences would allow schools to directly pay athletes. But questions remain, including whether men and women will be paid equally.

The monumental decision sets the stage for a groundbreaking revenue-sharing model that could start directing millions of dollars directly to athletes as soon as the 2025 fall semester.

Weatherford Capital is one of two firms creating a platform to help athletic departments find funding with college sports on the verge of sweeping change that could have long-term financial implications.

Jaden Rashada’s lawsuit against Florida head football coach Billy Napier and others for breach of contract has the potential to kickstart similar cases.

The Florida High School Athletic Association held a discussion about a potential change to the organization’s bylaws that would allow student-athletes to profit from their name, image and likeness under what is commonly known as an NIL policy.

Florida could follow 33 other states, as well as the District of Columbia, to allow high school athletes to make name, image and likeness (or NIL) money through sponsorship deals.

If approved, Florida will join more than 30 states that allow NIL deals in high schools. A driving force in the proposal was Tampa Catholic basketball player Karter Knox leaving the state.

It comes after Gov. DeSantis signed a bill prohibiting the use of state funds for any DEI programs, and in response to the University of Florida and other schools eliminating their programs.

The letter states the NCAA enforcement staff has begun an investigation into the football program. Names of investigators were redacted, and Jaden Rashada was not mentioned.

The Florida High School Athletic Association revealed its plans.

The Economic Club of Florida on Thursday hosted a discussion about laws in Florida and other states that allow college athletes to be paid for use of their names, images and likenesses.

The announcement was one consequence of a mishandled deal with quarterback recruit Jalen Rashada, a highly regarded quarterback prospect whose representatives believed had been promised roughly $13 million by the Gator Collective in a deal that fell apart.