Bloomberg Tax
Free Newsletter Sign Up
Bloomberg Tax
Welcome
Go
Free Newsletter Sign Up

Arizona Lawmakers Vote to Allow College Athletes to Earn Money

March 18, 2021, 9:54 PM

Arizona would remove barriers to college athletes receiving compensation for use of their names or images through a bill the state’s Legislature passed Thursday.

The measure (S.B. 1296) would prepare the state for potential changes in NCAA rules to let student athletes make third-party endorsement deals. The bill, sent to Gov. Doug Ducey (R), would require colleges and universities to allow compensation to the extent permitted by national rules.

  • Dozens of states have passed or are weighing changes to allow college athlete sponsorship deals. The NCAA is reconsidering its prohibition against ...