Nevada Legislature Plans Bill to Compensate Student Athletes

The Nevada Legislature is considering Senate Bill 293, which would allow colleges and universities to directly pay student-athletes for their name, image, and likeness (NIL). This legislation aims to remove prohibitions against such payments, enabling institutions like the University of Nevada, Reno and UNLV to enter agreements with student-athletes. The bill follows a significant federal court ruling that could allow players to receive a share of revenue from media rights and sponsorships. Meanwhile, in Arkansas, the House has passed House Bill 1634, allowing state universities to conduct fundraising raffles to support NIL initiatives and athletic scholarships. This new legislation comes after an earlier attempt failed and aims to provide schools with competitive means to fund their athletic departments. Both states are navigating the evolving landscape of college athletics and athlete compensation.