Florida governor Ron DeSantis last week signed a bill that authorizes some college student-athletes to earn compensation for the use of their name, images or likeness.
“With the signing of this bill, Florida will be a state where talented athletes have the right to get paid for the use of their name, image or likeness,” said DeSanti in a statement. “This is common sense policy that is long overdue and I’m proud that Florida has been a driving force behind the conversation for fairness in college athletics.”
“Student athletes should be able to benefit from their name, image and likeness just as any other student or individual would be able to benefit,” said Lt. governor Jeanette Nuñez. “I’m grateful for Governor DeSantis’ leadership in trailblazing a path for other states to follow. This bill signing will change college sports for the better and I look forward to following the success of our state’s top student athletes.”
The signing of this bill authorizes an intercollegiate athlete at a postsecondary educational institution to earn compensation for the use of her or his name, image, or likeness (NIL), and prohibits a postsecondary institution from preventing an athlete from earning NIL compensation.
In addition, the signed bill prohibits a postsecondary institution, and specified entities and individuals associated with a postsecondary institution, from compensating or causing compensation to be directed to a current or prospective athlete for her or his NIL. These provisions will take effect July 1, 2021.
The full bill can be viewed HERE.