Division I Council announced today that it would delay a vote that was supposed to be held this week regarding new NIL rules.
All NCAA national office staff will go into a mandatory furlough, which can range up to 8 weeks, in light of the association’s revenue loss from the pandemic.
NCAA president Mark Emmert released a statement on Friday that was the most direct address yet of the coronavirus impact on the 2020-2021 NCAA season.
At a Senate hearing this week, Emmert said he believes it’s “innapropriate” for the association to determine athlete compensation laws nationally.
The NCAA expects to be back to normal financial operations in 18 months thanks to a number of contingencies, including a $270 million insurance policy.
Commissioners of five mid-major conferences have asked the NCAA to temporarily relax its rules on how many sports a school must sponsor.
NCAA President Mark Emmert released a statement Wednesday stating that “only essential staff and limited family” will be allowed to attend upcoming events.
California’s State Assembly passed a bill this week allowing college athletes to make money – a bill the NCAA has already said could lead to competition bans.
California is currently considering a bill that would allow for NCAA student-athletes in California to profit off their name, image, and likeness by in 2023.
NCAA President Mark Emmert suggested that schools may consider changing rules that allow college athletes to receive Olympic medal bonuses after Joseph Schooling won upwards of $750,000 in Rio.