"Virginia Schools Granted Authority to Compensate Athletes for NIL Rights"

Virginia has passed a law allowing schools to pay athletes for their name, image, and likeness (NIL) rights, making it the first state to do so. The law, set to take effect in July, prohibits the NCAA from punishing schools for compensating athletes for their NIL rights. This move could give Virginia schools a recruiting advantage and potentially lead to similar changes in other states. The NCAA has yet to respond to the new law, but recently approved plans to allow schools to facilitate deals between players and third parties. The law has sparked discussions about how schools will implement the changes and ensure equitable opportunities for male and female athletes.