In the recent news, there is a new law to control College athletics. The legislation is likely to limit the mandate given to the NCAA on the subject. Statistics indicated that this body overstepped the law by reducing the worth of athletic bursaries to College students.
The new law intends to institute a College athlete committee housing nine members. The president will name the representatives, which should include five or more veteran College athletes. However, the associates should have the legal knowledge to take over from NCAA.
The new committee will oversee several critical roles such as endorsing athlete contracts, vetting agents, develop health programs for the athletes, and monitor compliance. The body will enforce rules stipulated in the new legislation. Investigating violation cases and imposing penalties will also be among the duties of this committee.
The law states that violation of the new guidelines will attract financial penalties exceeding $10 million. Officials caught violating the rules risks suspension from specific college sports departments. The authority indicates that the new laws will influence the athletics departments in various ways.
The introduction of the new bill of rights is a critical approach to revamp college sports. It will address the health and economic rights of the athletes, not forgetting their scholarships.
The law requires colleges to share the profit they earn from sports with the athletes involved. However, the School must deduct scholarship costs first. An athlete shall enjoy unlimited scholarships until they acquire their undergraduate degree.
All student-athletes must get a healthcare policy that extends up to five years after retiring from sports. The law stipulates that athlete coaches, team doctors, and tutors should attend to the students independently. No trainer or tutor should force athletes to make specific academic choices.
Athlete students transferring to a different institution shall not be liable for any penalties or restrictions. Students are free to pursue sports professionally and participate in college athletics. However, they should return to their specific institutions within one week after completing their professional engagements.
Athletics departments should reveal annual revenue, salaries, and other expenditures. Institutions should not reduce the number of athletes to cut costs. Colleges have the liberty to reduce coaches ’ salaries and administrative costs to maintain their sports departments.