NCAA is taking steps to allow student-athletes to make money off their likeness

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Bulls rookie guard Coby White has talent, an infectious smile and an afro that makes him stand out on the court. It’s a fair bet he could have made some money off his likeness while he played at North Carolina if the rules allowed it.

The NCAA is taking steps towards allowing its athletes to do so, but there’s still a long way to go in the process. The organization’s Board of Governors unanimously voted to start the process. That vote moves things to the NCAA’s three divisions “to consider updates to relevant bylaws and policies,” as it was worded in the NCAA's press release.

“We must embrace change to provide the best possible experience for college athletes,” said Michael V. Drake, the chair of the board and president of Ohio State. “Additional flexibility in this area can and must continue to support college sports as a part of higher education. This modernization for the future is a natural extension of the numerous steps NCAA members have taken in recent years to improve support for student-athletes, including full cost of attendance and guaranteed scholarships.”

The board asked each division (Division I, Division II, Division III) to make any new rules immediately and no later than January 2021.

It’s important to note that none of the changes are final, or even imminent. It’s still relevant that the NCAA is going through the process at all, after being so strongly in favor of amateurism across the board for its student-athletes.

The potential changes would not allow for compensation based on performance or participation in a sport. Of course, the natural grey area is that higher performing athletes will be more marketable so they would be compensated on performance indirectly.

This comes after California passed legislation to allow college athletes to receive endorsement/sponsorship money and other states are pursuing similar.

This is still far from being official or finalized, but it will continue to be a major story in college sports over the next couple years.

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