Connecticut Senator Chris Murphy introduced legislation on Wednesday aimed at establishing a federal right for college athletes to market their Name, Image and Likeness.

"We are very proud of this landmark settlement which will transform the lives of college athletes and bring them tens of billions of dollars in damages and future benefits," Jeffrey Kessler, co-executive chairman of Winston & Strawn,

College athletics has been changed forever. The days of amateurism in college sports are officially in the rear-view mirror. The age-old debate of whether colle