NIL era news: Texas governor implements integral new bill heading into new athletic year
As we head into a new athletics year under the NIL era, a new bill has been signed into law in the state of Texas that could benefit Texas A&M and other universities in the state moving forward.
As announced on Thursday afternoon, Governor Greg Abbott signed a new NIL law that will allow athletes over 17 in the state to receive NIL contracts directly from a university. This bill also aligns with the House settlement that is yet to be approved. For Texas A&M and other in-state universities, it will allow them to avoid any potential lawsuits or compliance issues and compete for recruits in some ways others may not be able to just yet.
The implementation of the bill was first reported by KBTX senior sports writer Travis L. Brown via X:
Let's cut straight to the facts: there is no denying the influence of NIL on all collegiate athletics and it continues to grow by the minute. The transfer portal has reached historic numbers since the decision was made to introduce financial gain for players for their name, image and likeness (NIL).
That was just the beginning of something way bigger than anyone ever thought could happen in the sport. Some college athletes, like UCLA quarterback Nico Lamaleava, are making millions of dollars before they even reach the National Football League, which has always been the goal of most athletes, historically speaking.
Now, what is stopping players from just managing their finances in college and then retiring? Is that going to cause a shortage of athletes in the NFL? Or, will the professional football league continue to blossom? That is still to be determined.
For now, the House vs. NCAA antitrust lawsuit remains in full swing, with seemingly no end in sight just yet. The proposed, and now imposed, bill in the state of Texas protects universities in the state in more ways than one, while also providing a slight edge in recruiting as well.
The world of NIL and the transfer portal is something that will change rapidly and often. As new bills are signed or rejected, there seems to be some major miscommunications between the House and the NCAA that could be detrimental for all parties if not solved.
Contact/Follow us @AggiesWire on X (formerly Twitter) and like our page on Facebook to follow ongoing coverage of Texas A&M news, notes and opinions. Follow Dylan on X: @dylanmflippo.
This article originally appeared on Aggies Wire: Texas governor signs NIL bill integral to universities in the state
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