Changes in Student-Athlete Compensation Rules
by: Ronnie Bitman, Managing Partner | February 15, 2021
Bitman O’Brien & Morat is well versed in Sports & Entertainment Law issues ranging from contractual advice to litigation for athletes, musicians, entertainers, and celebrities.
Recently, a federal bill was introduced known as the Collegiate Athlete Compensation Rights Act. If passed, athletes under amateurism rules can increase their economic rights and be paid for appearances and endorsements, including the use of their name, likeness, and image. A few states, including Florida, have already passed legislation to allow compensation for student-athletes.
The NCAA will soon vote to modernize the rules for student-athlete benefits. The association has asked the US Government to establish a federal law regulating the future marketplace for athlete endorsements across every state. New rulings could go into effect as early as this year.
Bitman O’Brien & Morat can guide, counsel, and assist with every aspect navigating legal needs for the sports and entertainment industry such as agreements, contracts, and intellectual property. Please contact us at 407.815.3110 or visit bitman-law.com.