FAIRBANKS, Alaska. (KTVF) The National Collegiate Athletic Association laid the foundation for the compensation that student-athletes would receive for the use of their name, image and likeness. The Board of Governors provided two rules for the compensation.
First, compensation for third-party endorsements related to athletics, without school or conference involvement.
Second, compensation for other student-athlete opportunities, such as social media, new businesses and personal appearances, without institutional involvement or the use of trademarks/logos.
"They're looking at and trying to allow how do we do that within the framework of the NCAA in terms of sportsmanship and conduct," said UAF Vice Chancellor Keith Champagne. "But also how do we protect our student athletes to make sure that they're getting into agreements with reputable agencies and folks."
Champagne wants to see workshops with the School of Management to help student-athletes in terms of dealing with third party contracts.
If sports are played this Fall, the cross-country and volleyball programs would open collegiate athletics for the Nanooks in Fairbanks.
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