Trending...
- Omnitronics launches Ecosystem Health Dashboard to enable proactive monitoring across dispatch environments
- Salestrics Introduces PraiseEngine: The AI-Native Review Engine Built to Fix Social Proof
- Meals on Wheels of the Greater Lehigh Valley Receives $15,000 PPL Foundation Grant to Expand Access
Governor Tom Wolf today joined Penn State University (PSU) athletes, university leadership and lawmakers at Beaver Stadium to celebrate the passing of Act 26 of 2021 allowing Pennsylvania collegiate athletes to profit from their name, image, and likeness (NIL).
The governor was joined by student athletes including speakers Anna Camden and Jahan Dotson, President Eric Barron, Vice President for Intercollegiate Athletics Sandy Barbour, Senator Jake Corman, and Representative Ed Gainey.
"Pennsylvania is home to many outstanding student athletes who devote countless hours of their time, effort, and passion to achievement both in the classroom and on the field," said. Gov. Wolf. "This new chapter for athletes across Pennsylvania will allow collegiate athletes to finally earn compensation for endorsements without sacrifice to the sport they have dedicated much of their lives to play."
Act 26 of 2021 amends the Public School Code to allow athletes at Pennsylvania colleges to earn money from endorsements, such as sponsorships and appearances, and still be allowed to compete. Act 26 does not allow student athletes to receive payment for playing a sport or athletic achievement; rather, Pennsylvania's new law provides student athletes with an opportunity to benefit financially from their NIL.
More on The PennZone
"At Penn State, our 800+ varsity student athletes have raised the bar for dedication, work ethic and pursuit of excellence," said Pres. Barron. "They pursue challenging academic programs and spend rigorous and exhausting hours practicing. They compete at the highest levels, and contribute to campus life in countless ways. Our student athletes are an impressive group, and it's our responsibility to do everything possible to ensure their success beyond college.
"Name, Image and Likeness rights is an important step in realizing that goal. And we appreciate that Pennsylvania has enacted a bill that gives student athletes the ability to earn compensation based on their NIL."
"We're excited for our student-athletes and this opportunity made possible by the Pennsylvania NIL law," Vice Pres. Barbour said. "Our students now have an opportunity to capitalize on their name, image and likeness, and engage in entrepreneurial activity and exploration, which will serve them well from a skill building and experience perspective, as well as the opportunity to be compensated. This is the right step in allowing student-athletes the same opportunities that all students on campuses have always enjoyed. We are appreciative of the Governor and Legislature's leadership and support."
More on The PennZone
"This step toward fairness for athletes aligns with changes taking place in other states and at the national level within the NCAA," said. Gov. Wolf. "It will also help to ensure that Pennsylvania colleges and universities remain competitive to future athletic prospects. This is an exciting moment for athletes and colleges in Pennsylvania, and I am proud to sign the law allowing for these opportunities."
SHARE Email Facebook Twitter
The governor was joined by student athletes including speakers Anna Camden and Jahan Dotson, President Eric Barron, Vice President for Intercollegiate Athletics Sandy Barbour, Senator Jake Corman, and Representative Ed Gainey.
"Pennsylvania is home to many outstanding student athletes who devote countless hours of their time, effort, and passion to achievement both in the classroom and on the field," said. Gov. Wolf. "This new chapter for athletes across Pennsylvania will allow collegiate athletes to finally earn compensation for endorsements without sacrifice to the sport they have dedicated much of their lives to play."
Act 26 of 2021 amends the Public School Code to allow athletes at Pennsylvania colleges to earn money from endorsements, such as sponsorships and appearances, and still be allowed to compete. Act 26 does not allow student athletes to receive payment for playing a sport or athletic achievement; rather, Pennsylvania's new law provides student athletes with an opportunity to benefit financially from their NIL.
More on The PennZone
- Expanding Beyond Space as New Drone Market Opportunities Accelerate Growth: Ascent Solar Technologies (N A S D A Q: ASTI)
- Lauren Merrell, Dale Sorensen Real Estate, announces price improvement for an extraordinary island retreat
- Portalz Publishes FES World First Architecture Introducing a New Cryptographic Platform
- Racquet Club of Philadelphia appoints Michael J. Sofia as new General Manager
- Cellofest Brings Free Cello Concerts and Community Events to Bethany Beach August 5–16
"At Penn State, our 800+ varsity student athletes have raised the bar for dedication, work ethic and pursuit of excellence," said Pres. Barron. "They pursue challenging academic programs and spend rigorous and exhausting hours practicing. They compete at the highest levels, and contribute to campus life in countless ways. Our student athletes are an impressive group, and it's our responsibility to do everything possible to ensure their success beyond college.
"Name, Image and Likeness rights is an important step in realizing that goal. And we appreciate that Pennsylvania has enacted a bill that gives student athletes the ability to earn compensation based on their NIL."
"We're excited for our student-athletes and this opportunity made possible by the Pennsylvania NIL law," Vice Pres. Barbour said. "Our students now have an opportunity to capitalize on their name, image and likeness, and engage in entrepreneurial activity and exploration, which will serve them well from a skill building and experience perspective, as well as the opportunity to be compensated. This is the right step in allowing student-athletes the same opportunities that all students on campuses have always enjoyed. We are appreciative of the Governor and Legislature's leadership and support."
More on The PennZone
- Blue Sky Capital Strategies, LLC awarded Leasing and Financial Services agreement with Premier Inc
- Michael M. Thomas Expands Executive Leadership Across Central India Outreach and Royal Trinity School
- Porter's Day Care Opens Doors to Brighter Futures
- Northeast Airlines and Travel, Inc. Initiates FAA Part 121 Certification for Boeing 737-800 Freighter Cargo Operations
- RevOtter Names Levi Bilbrey CEO, as Company Expands Fractional CMO, RevOps and Web Design Services
"This step toward fairness for athletes aligns with changes taking place in other states and at the national level within the NCAA," said. Gov. Wolf. "It will also help to ensure that Pennsylvania colleges and universities remain competitive to future athletic prospects. This is an exciting moment for athletes and colleges in Pennsylvania, and I am proud to sign the law allowing for these opportunities."
SHARE Email Facebook Twitter
0 Comments
Latest on The PennZone
- The 'Tax Squeeze': Betsson's Record Quarter Previews the Economics of Finland's 2027 Casino Market
- Colonial Nissan Helps Multiple Generations of the Community Find Their Next Vehicle
- ImagineX Acquires Payteros to Strengthen Digital Transformation Capabilities
- From Pizza to Playlists: Marty The Pizza Guy Delivers Three Delicious New Songs
- CAPO Supply Launches New Website Serving Western Pennsylvania and Eastern Ohio
- Meals on Wheels of the Greater Lehigh Valley Receives $15,000 PPL Foundation Grant to Expand Access
- Salestrics Introduces PraiseEngine: The AI-Native Review Engine Built to Fix Social Proof
- BTAQ Unveils Easier Photo Upload Capabilities
- K2 Integrity Names Michael Kallabat Global Head of Investigations and Disputes
- WebDrafter Highlights How AI Search Is Reshaping Online Visibility
- Socialhose Eyes Southeast Asia and Rejects the Copy-Paste Expansion Playbook
- $40 Billion Global Market Value by 2030 Projected in Unmanned Aerial Vehicle or Other Drone Technology Sector, Growing at 9.2% Compound Annual Growth
- A.M. Logging Returns to Ag Progress Days for Eighth Year
- $620 Million in Recent Government Contract Awards with More Than $1.2 Billion in Annualized Revenue: Circle8 Group (N A S D A Q: CIRC)
- Lewis County Hydrogen Alliance Launches Phase 1 Work to Turn Forest Residuals into Fuel-Grade Hydrogen and Dispatchable Clean Power
- Next Gen Fibre Selects netElastic vBNG and CGNAT to Fuel Rapid Nationwide Expansion and Eliminate Network Bottlenecks
- Boston Industrial Solutions, Inc. Introduces SAP-G70 Primer for bonding silicone to silicone and other materials
- 'Reflections: Enlightening Insights Into the Divine Mystery' — The Latest Book by Philosopher Steven Colborne
- Scott G. Hoy of Hoy Law Earns 11th Consecutive Super Lawyers Selection
- Brother Marcus Unlocks the Vault