Latest news with #collegeathletes
Yahoo
3 days ago
- Business
- Yahoo
Bill passes to legalize school payments to Texas student athletes
The Brief A bill allowing Texas universities to directly pay college athletes has passed in the Texas Legislature and is headed to the governor's desk. This bill is in response to an NCAA settlement involving payments to college athletes nationwide. If signed, the law takes effect on Sept. 1. The NCAA settlement approval is also expected this fall. DALLAS - A bill that opens the door for universities in Texas to pay college athletes is headed to the governor's desk. For decades, the NCAA has forbidden schools from paying athletes directly. But that firewall appears to be crumbling. What we know Since 2021, college athletes have been able to receive payments for their name, image, and likeness from companies and boosters. House Bill 126 opens the door for Texas universities to directly pay their athletes as well. It passed in the Texas House and Senate this week. Dig deeper In a few months, universities are expecting a judge to approve a lawsuit settlement against the NCAA involving payments to college athletes nationwide. The nearly $3 billion settlement would send millions to each Division I school for direct payment to athletes. It's retroactive to 2016, meaning athletes who competed before NIL became legal are eligible for back pay. HB 126 changes Texas law, which currently does not allow colleges to pay athletes directly. So even if the settlement was approved tomorrow, Texas athletes still would not be eligible to receive money without HB 126 changing the law. What they're saying University officials warned the Senate in a call this week that Texas will be at a disadvantage if the law is not changed quickly. "Because that final order on NIL settlements that are already in place will not be issued by a judge until the fall, we are considering this legislation to make sure after session that we're in compliance with that settlement," said State Sen. Brandon Creighton. College recruiting happens well before students graduate from high school. So, the new law does have an amendment saying students 17 and older can only start receiving NIL funds once they are actively participating in college. "We are creating some common sense by amending it, making sure that no athletes under 17 years of age will be eligible for an NIL agreement. And from 17 and older, no athletes in high school can receive any money under an NIL agreement until they're enrolled in college and participating in the program that they agreed to participate in," Creighton said. What's next If Gov. Greg Abbott signs the bill, it will take effect on Sept. 1. It's not clear exactly when the judge in the NCAA case will give final approval to the settlement, but it is expected to happen sometime this fall. The Source FOX 4's Steven Dial gathered details for this story from the debates and language on HB 126, as well as past news coverage.
CNN
06-05-2025
- Business
- CNN
Live updates: Trump to meet with Canadian Prime Minister Mark Carney
Update: Date: Title: Trump is seriously considering executive action to limit payments to college athletes, source says Content: The White House is seriously considering executive action that could increase scrutiny on name, image, and likeness (NIL) deals for college athletes, a source familiar told CNN. No decisions have been made yet, the source added. Trump and former Alabama football coach Nick Saban spoke at the University of Alabama commencement last week, where they discussed NIL deals and Saban's belief that the inflow of money can damage college sports, according to reports. Update: Date: Title: Trump and Canada's Prime Minister Carney will hold a high-stakes meeting today: Here's what to expect Content: Last week, Canada's Liberal Party swept to victory in federal elections, with Prime Minister Mark Carney riding a wave of anti-Trump sentiment and using his victory speech to declare Canada would 'never' yield to the US. President Donald Trump's steep tariffs on Canada, and threats to its sovereignty, dramatically transformed the election. On trade: Trump's decision to levy duties on Canadian steel and aluminum, cars and car parts, and threats to tariff pharmaceuticals and lumber have shaken Canadian businesses and pushed the country toward recession. Canada has retaliated with tariffs on US imports, including on metal and cars. On the G7: Trump and his aides have not made a final decision on attending the Group of 7 meeting, which Carney is hosting next month in Alberta. On annexation: Trump has repeatedly threatened to annex Canada and make it the US' '51st state,' souring relations between the two longtime allies. In an NBC interview on Sunday, Trump said it was 'highly unlikely' he'd use military force to annex Canada. 'I don't see it with Canada. I just don't see it, I have to be honest with you,' he said. He added that he'd talked on the phone with Carney after his election win, calling the Canadian leader a 'very nice man.' When asked whether annexation would come up during Carney's visit, Trump responded: 'I'll always talk about that.' If Canada was a state, 'it would be great,' Trump said. 'It would be a cherished state.' Carney slammed Trump in his election victory speech: 'America wants our land, our resources, our water, our country. But these are not idle threats. President Trump is trying to break us so that America can own us,' Carney said. 'That will never ever happen.' Carney reiterated statements he had made on the campaign trail about the vastly changed nature of Canada's relationship with the US. 'We are over the shock of the American betrayal but we should never forget the lessons. We have to look out for ourselves,' he said. Update: Date: Title: Less than half of Americans trust that CDC and FDA can carry out core functions, poll finds Content: A new poll finds that less than half of Americans have at least some confidence that federal health agencies can carry out key responsibilities, according to a new poll from KFF. Less than 50% of the respondents said they had a lot or some confidence in agencies like the US Centers for Disease Control and Prevention or the US Food and Drug Administration to ensure the safety and effectiveness of prescription drugs or vaccines, respond to outbreaks of infectious disease such as measles, and act independently of outside interests. Nearly 60% of adults say they have at least a fair amount of trust in the CDC or the FDA to offer reliable information about vaccines, although responses have shifted along party lines since the beginning of the second Trump administration. Compared with September 2023, fewer Democrats and more Republicans now say they trust those agencies. Routine vaccinations like those for measles, the flu and pneumonia are considered safe by most respondents, but they're divided along party lines when it comes to the safety of Covid-19 vaccines and mRNA vaccine technology. Health care providers are the most trusted source of reliable vaccine information in the new poll, followed by local health departments, federal health agencies, pharmaceutical companies, US Health and Human Services Secretary Robert F. Kennedy Jr. and President Donald Trump.
