SOME TWEAKS ARE NEEDED HERE. A LOT OF THE THINGS THAT ARE HAPPENING RIGHT NOW, I’M NOT A HUGE FAN OF, BUT IT IS THE WORLD THAT WE LIVE IN, SAID GREG MCCARTNEY IS THE AUTHOR OF SENATE BILL 840. HE SAYS IT MAKES NECESSARY CHANGES TO OKLAHOMA’S LAWS GOVERNING AND I OUT MORE THAN ANYTHING, I WANT TO PROTECT THE ATHLETES IN OKLAHOMA AND I WANT THEM TO BE Able TO BENEFIT WHERE THEY CAN BENEFIT. RIGHT NOW, LAW REQUIRES ATHLETES TO WORK WITH A LICENSED SPORTS AGENT IF THEY’RE PAID ANY MONEY. BUT HE SAYS THE VAST MAJORITY OF ATHLETES WOULD NOT EARN ENOUGH FROM NIL TO BE ABLE TO AFFORD AN AGENT. A LOT OF TIMES IT’S JUST MOM AND DAD THAT ARE HELPING THEIR KIDS. AND SO WE’RE MAKING SURE THAT MOM AND DAD CAN STILL HELP THEIR KIDS. AND I THINK THAT’S REALLY IMPORTANT THAT YOU DON’T MAKE PARENTS BECOME REGISTERED SPORTS AGENTS. BUT THE BILL DOES REQUIRE THOSE INDIVIDUALS TO REPORT THEIR RELATIONSHIP WITH ATHLETES TO THE UNIVERSITY THEY PLAY FOR. IT GIVES UNIVERSITIES THE ABILITY TO REALLY KEEP WATCHING AND HELP CONTROL A LOT OF THESE THINGS. BUT COURTNEY ARGUES THESE FIXES ARE ALSO NEEDED TO KEEP OKLAHOMA’S SCHOOLS COMPETITIVE WHEN ATTRACTING RECRUITS, POINTING OUT TO OTHER STATES ARE ALREADY LOOKING TO MAKE THESE CHANGES TO REPRESENTATION REQUIREMENTS. I KNOW THAT ALABAMA HAS A BILL LIKE THIS, AND SO IF WE DON’T ALLOW OUR ATHLETES TO BE COMPENSATED FOR THE USE OF THEIR NAME AND ALABAMA DOES, THEN THEN THEY’RE GOING TO CONTINUE TO TO BYPASS US IN FOOTBALL AND EVERY OTHER SPRT. AND WITH THAT BILL NOW HAVING ADVANCED BOTH OUT OF THE FULL HOUSE AND FULL SENATE, IT G
Oklahoma lawmakers pass bill to protect student-athlete’s making money from NIL
Plenty of money is made when college athletes play on the national stage
Updated: 10:20 PM CDT Apr 3, 2023
Oklahoma lawmakers have passed a bill that would protect a student-athlete’s ability to make money from their name, image and likeness. Plenty of money is made when college athletes play on the national stage. This year alone, more than a billion dollars will be made from March Madness, and it was only until recently that players could share in those profits.” A lot of the things that are happening right now. I’m not a huge fan, but it is the world that we live in,” Sen. Greg McCortney said. McCortney is the author of Senate Bill 840. He said it makes necessary changes to Oklahoma’s laws governing the NIL.”More than anything, I want to protect the athletes in Oklahoma, and I want them to be able to benefit, where they can benefit,” McCortney said. Right now, the law requires athletes to work with a licensed sports agent if they’re paid any money but he said the vast majority of athletes wouldn’t earn enough from NIL to be able to afford an agent.”A lot of times, it’s just mom and dad that are helping their kids, so we’re making sure mom and dads can still help their kids, and I think it’s really important you don’t make parents become registered sports agents ,” McCortney said. The bill does require those individuals to report their relationship with athletes to the university they play for. “It gives universities the ability to really keep watch and help control a lot of these things,” McCortney said. McCortney argued these fixes are also needed to keep Oklahoma schools competitive when attracting recruits, pointing out that other states are already looking to make these changes to representation requirements.”I know that Alabama has a bill like this, so if we don’t allow our athletes to be compensated for their name and Alabama us, they’re going to continue to bypass us in football and every other sport ,” McCortney said. With that legislation passing off the House floor, it now goes to the governor’s desk for his signature. Top Headlines Edmond North student taken to hospital after being hit by vehicle outside school Ryan Walters sent pornographic content to state email accounts, Oklahoma lawmakers sayFour dead, others injured after multiple OKC shootings this weekend People’s Council for Justice Reform to call for dissolution of Oklahoma County Jail TrustODOT leaders set to vote on several projects totaling over $52M Three people dead after shooting at southwest Oklahoma City bar Oklahoma County deputies seize over 100 pounds of meth Driver flees after hitting two bicyclists in Shawnee
Oklahoma lawmakers have passed a bill that would protect a student-athlete’s ability to make money from their name, image and likeness.
Plenty of money is made when college athletes play on the national stage. This year alone, more than a billion dollars will be made from March Madness, and it was only until recently that players could share in those profits.
“A lot of the things that are happening right now. I’m not a huge fan, but it is the world that we live in,” Sen. Greg McCortney said.
McCortney is the author of Senate Bill 840. He said it makes necessary changes to Oklahoma’s laws governing the NIL.
“More than anything, I want to protect the athletes in Oklahoma, and I want them to be able to benefit, where they can benefit,” McCortney said.
Right now, the law requires athletes to work with a licensed sports agent if they’re paid any money but he says the vast majority of athletes wouldn’t earn enough from NIL to be able to afford an agent.
“A lot of times, it’s just mom and dad who are helping their kids, so we’re making sure mom and dads can still help their kids, and I think it’s really important you don’t make parents become registered sports agents,” McCortney said.
The bill does require those individuals to report their relationship with athletes to the university they play for.
“It gives universities the ability to really keep watch and help control a lot of these things,” McCortney said.
McCortney argued that these fixes are also needed to keep Oklahoma schools competitive when attracting recruits, pointing out that other states are already looking to make these changes to represent requirements.
“I know that Alabama has a bill like this, so if we don’t allow our athletes to be compensated for their name and Alabama us, they’re going to continue to bypass us in football and every other sport,” McCortney said.
With that legislation passing off the House floor, it now goes to the governor’s desk for his signature.
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