Trump, executive order and NIL
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President Donald Trump signed an executive order Thursday aimed at protecting "student-athletes and collegiate athletic scholarships and opportunities" while prohibiting "third-party, pay-for-play payments" to those athletes.
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USA TODAY College Sports Wire on MSNPresident Trump signs NIL bill in attempt to restore balance in college athletics
President Trump signed an executive order on Thursday preventing "pay-to-play" third-party compensation of college athletes.
U.S. President Donald Trump sent shockwaves after he signed the NIL executive order on Thursday. The legislation titled, “Donald Trump saves college sports,” focuses on putting a hard stop on pay-by-play payments made by third-party fundraisers and NIL boosters.
The bill could open the door for federal standards for NIL legislation, superseding the current state laws that provide guidance on player compensation. SEC commissioner Greg Sankey said Wednesday during an appearance on "SEC This Morning" that he had no knowledge of a pending executive order.