An NCAA board voted unanimously to modify its rule to allow college athletes to profit from their names, images and likenesses.
The board released a statement on Tuesday calling divisions of the NCAA to begin determining how to specifically update their rules ‘in a manner consistent with the collegiate model.” The divisions will have bylaw revisions giving athletes the right to make money outside of their institution starting in January 2021.
“We must embrace change to provide the best possible experience for college athletes,” board chair Michel Drake said. “Additional flexibility in this area can and must continue to support college sports as a part of higher education.