WEBVTT

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WE WOULD LOVE TO HAVE YOU,

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GERRY, THANK YOU VERY MUCH FOR
YOUR TIME.
>> WELL,
THE NCAA'S DIVISION I COUNCIL

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LAST WEEK APPROVED
GROUNDBREAKING LEGISLATION THAT,
IF APPROVED BY THE ASSOCIATION
AT LARGE, WILL BRING MONEY INTO

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THE POCKETS OF STUDENT-ATHLETES.
BILL BENNER HAS MORE IN THIS
WEEK'S INSIDE INDIANA SPORTS.
BILL.

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>>
THANK YOU, GERRY. IN PART TO
STAVE OFF ACTION - AND LAWSUITS
- BY STATES AND INDIVIDUALS, THE

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NCAA COUNCIL HAS GIVEN A
TENTATIVE GREEN LIGHT TO
STUDENT-ATHLETES TO EARN MONEY
FROM WHAT'S BECOME KNOWN AS NIL:

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NAMES, IMAGES AND LIKENESS.
AND JOINING US TODAY TO OFFER
PERSPECTIVE ON WHAT IS CERTAIN
TO ALTER THE NCAA LANDSCAPE IS

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MIKE DECOURCY, LONG-TIME COLLEGE
BASKETBALL WRITER FOR THE
SPORTING NEWS AND ANALYST FOR
THE BIG TEN NETWORK. MIKE,

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WELCOME.
LET'S START OFF JUST BY GIVING
US AS BEST YOU CAN, A CAPSULE
OVERVIEW OF NIL AND WHAT THIS

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POTENTIALLY MEANS?
>> WELL, WHAT IT ENTAILS IS
BASICALLY TWO SEPARATE ELEMENTS.
ONE IS THE STUDENT ATHLETE-RUN

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BUSINESS. ESPECIALLY WITH THE
ADVENT OF SOCIAL MEDIA. WE HAVE
SEEN ATHLETES WHO HAVE BEEN ABLE
TO CREATE YouTube BUSINESSES,

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OTHER SOCIAL MEDIA INSTAGRAM
TYPE BUSINESSES AND HAVE
OCCASIONALLY RUN AFOUL OF NCAA
REGULATORS WITH THAT, AND THE

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NCAA IN THE NEW LEGISLATION WILL
BASICALLY SAY, THAT'S FINE.
WE'RE GOOD WITH THAT, GO AHEAD
AND DO IT. AND THEN THE SECOND

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ELEMENT IS THE ONE THAT SEEMS
THE MOST OBVIOUS AND COMMON,
WHICH WOULD BE ENDORSEMENTS. AND
THAT'S WHERE IT'S A LITTLE BIT

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MORE COMPLICATED IN ORDER TO
REGULATE. BECAUSE THERE ARE
INEVITABLY GOING TO BE CLASHES,
CONFLICTS BETWEEN THE STUDENT

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ATHLETES' DESIRE TO ENDORSE A
PARTICULAR PRODUCT AND PRODUCTS
THAT ALREADY HAVE AN EXCLUSIVE
ARRANGEMENT WITH THE UNIVERSITY

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WHERE THEY ATTEND. SO THAT'S
PROBLEMATIC. AND THEN OF COURSE
THERE'S THE BOOSTER ELEMENT, AND
WHAT INVOLVEMENT CAN THE BOOSTER

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HAVE IN INVITING ATHLETES FROM
THE SPORTS AND TEAMS THAT THEY
LOVE TO ENDORSE THEIR PRODUCTS,
OR ENDORSE -- OR DO APPEARANCES

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AT THEIR VENUES, THAT SORT OF
THING. SO THOSE ARE THE TWO
ELEMENTS WHERE ATHLETES ARE
GOING TO BE ABLE TO MAKE MONEY.

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WE KNOW THAT FOR CERTAIN
ATHLETES, THAT'S GOING TO BE A
LOT OF MONEY. WE DON'T KNOW
EXACTLY HOW WIDESPREAD IT'S

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GOING TO BE. BUT I THINK IT'S
GOING TO HAVE A REALLY STRONG
IMPACT ON HOW COLLEGE SPORTS
OPERATE.

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>> AND, MIKE, WE MENTIONED,
AGAIN, SOME STATES, I BELIEVE
CALIFORNIA WAS AT LEAST ONE OF
THOSE, WERE EMBARKING ON PASSING

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THEIR OWN LEGISLATION THAT
REALLY IS KIND OF FORCING THE
NCAA'S HAND ON THIS ENTIRE
INITIATIVE.

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>> YEAH, FLORIDA AND CALIFORNIA,
WHAT THEY'VE DONE IS SPED THE
PROCESS. THEY HAVE FORCED THE
NCAA, I THINK WE WERE GOING DOWN

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THIS DIRECTION ANYWAY OVER THE
LAST HALF DOZEN YEARS, OR SO,
WITH VARIOUS ACTIVISTS PUSHING
FOR IT, WITH VARIOUS COURT CASES

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THAT LEADING THEM IN THAT
DIRECTION. THEN WITH THE
STATE -- EXCUSE ME, THE STATE
LEGISLATIONS OF CALIFORNIA, AND

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FLORIDA IN PARTICULAR, THEY'VE
FORCED THE NCAA TO SAY, OKAY,
LET'S GET THIS GOING. BUT THEY
ALSO HAVE THE ISSUE NOW THAT

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THEY'RE PUTTING FORTH A BODY OF
REGULATIONS. THEY REALLY NEED
THE NCAA -- EXCUSE ME, THEY
REALLY NEED THE FEDERAL

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GOVERNMENT, THE NCAA DOES. THEY
REALLY NEED THE FEDERAL
GOVERNMENT TO ADOPT WHAT THE
NCAA IS DOING TO SOME EXTENT SO

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THAT THEY CAN DO TWO THINGS.
ONE, SUPERSEDE THE STATE
REGULATIONS, YOU CAN'T HAVE
FLORIDA WITH DIFFERENT RULES

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THAN CALIFORNIA, AND INDIANA,
AND TEXAS, ET CETERA, WHEN
THEY'RE ALL TRYING TO PLAY THE
SAME SPORTS, SO TO SPEAK, AND

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THEN THE OTHER IS THE IDEA
THAT -- THE NCAA DOESN'T WANT TO
BE SUED BECAUSE THEIR
REGULATIONS AREN'T GENEROUS

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ENOUGH, OR THAT THEY RESTRICT A
PARTICULAR AREA, OR WHATEVER. SO
IF THE FEDERAL GOVERNMENT WERE
TO LEGISLATE THEN AT THAT POINT

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THEY WOULDN'T HAVE TO WORRY
ABOUT GETTING SUED EITHER IN THE
FUTURE OR FROM PAST ACTORS.
>> MIKE, WE THINK ABOUT DIVISION

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ONE MEN'S BASKETBALL AND
FOOTBALL. THE REVENUE OF
PRODUCING SPORTS. BUT FOR
OLYMPIC ATHLETES, THIS COULD BE

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BENEFICIAL FOR THEM.
>> YEAH, ESPECIALLY OLYMPI
LEVEL ATHLETES, NOT JUST THOSE
WHO ARE IN WHAT'S CLASSIFIED AS

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OLYMPIC SPORTS BECAUSE THEY
DON'T WANT TO CALL THEM
NON-REVENUE SPORTS. BUT FOR
THOSE WHO ARE AT THAT LEVEL,

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LIKE A LILLY KING, LIKE A KATIE
LEDECKY. PLAYERS -- AND ATHLETES
WHO ARE EXTRAORDINARY IN THOSE
SPORTS, WILL BE ABLE TO DO VERY

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WELL. KATIE LEDECKY, AND I'M
SURE LILLY AS WELL, I THINK
KATIE MADE LIKE $355,000 IN GOLD
MEDAL BONUSES FROM THE OLYMPIC

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COMMITTEE, AND SHE WAS ALLOWED
TO KEEP THAT. AND I WOULD
IMAGINE THAT LILLY PROBABLY DID
WELL THERE, TOO, SHE WAS SO GOOD

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IN 2016. BUT I THINK THOSE
ATHLETES WILL DO REALLY WELL.
THE QUESTION IS WILL ANY OF THIS
GET DOWN TO THOSE WHO ARE NOT AT

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THE ELITE LEVEL.
>> MIKE, WE HAVE TO WRAP UP.
THIS GOES BEFORE THE ENTIRE NCAA
AT ITS CONVENTION IN JANUARY. I

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ASSUME THAT THERE'S NO DOUBT
THAT IT WILL BE PASSED AT LEAST
IN SOME FORM.
>> YES, NO DOUBT IT WILL BE

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PASSED IN SOME FORM. I THINK
THEY'RE STILL GOING TO WRESTLE A
LITTLE BIT, THIS IS WHAT THEY
CALL THE COMMENT PERIOD. SO ANY

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SUGGESTIONS THAT ANYONE HAS FROM
THE MEMBERSHIP TO TWEAK IT, NOW
IS THE TIME. AND THEN THEY'LL
VOTE ON IT IN JANUARY, AND IT

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WILL BE APPROVED, THEN THEY'RE
HOPING THAT THE FEDERAL
GOVERNMENT CAN JUMP ON THIS
MAYBE IN THE SPRING SO THAT WHEN

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FLORIDA COMES -- THEIR
LEGISLATION COMES ONLINE IN
JULY, THEY'D LIKE TO HAVE IT, I
THINK, A FEDERAL LAW, A NEW

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FEDERAL LAW, THAT WOULD
SUPERSEDE THAT BY THEN.
>> MIKE DECOURCY, THE SPORTING
NEWS AND THE BIG TEN NETWORK, WE

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APPRECIATE YOU TAKING THE TIME
TO JOIN US, BY THE WAY, FOLLOW
THIS GUY ON TWITTER. HE'S A
REALLY GOOD READ AND A VERY