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Texas lawmakers approve college athlete compensation bill
BY JIM VERTUNO AP SPORTS WRITER
AUSTIN, TEXAS – Texas lawmakers on Friday approved letting college athletes earn money with endorsements and sponsorship deals, pushing the state closer to joining others who have already opened the door to previously banned financial deals.
Friday's Senate vote sends the bill to Gov. Greg Abbott to consider signing into law. Several states have already approved measures that allow athletes to earn money off their name, image and likeness. The Texas version would take effect July 1.
Read more at https://www.myrtlebeachonline.com/news/business/article251757978.html
BY JIM VERTUNO AP SPORTS WRITER
AUSTIN, TEXAS – Texas lawmakers on Friday approved letting college athletes earn money with endorsements and sponsorship deals, pushing the state closer to joining others who have already opened the door to previously banned financial deals.
Friday's Senate vote sends the bill to Gov. Greg Abbott to consider signing into law. Several states have already approved measures that allow athletes to earn money off their name, image and likeness. The Texas version would take effect July 1.
Read more at https://www.myrtlebeachonline.com/news/business/article251757978.html