President Donald Trump signed an executive order on Thursday related to college sports and NIL.
The executive order, which is titled “President Donald J. Trump Saves College Sports,” is intended to help enforce new provisions on athletic scholarships and “pay-for-play” licensing deals for athletes.
Here is an excerpt from ESPN:
Trump’s order sets out specific guidelines for preserving athletic scholarships based on an athletic department’s annual revenue. It also declares that schools should not permit athletes to accept “third-party, pay-for-play payments.” The order states that Secretary of Education Linda McMahon should use future federal funding decisions among other tools to force schools to abide by the administration’s policy.