Source: New York Post
President Trump is poised to issue an executive order to fix the controversial “name, image and likeness” model for college sports sponsorship deals – a multibillion-dollar cash grab that critics claim has become a tax on US higher education, On The Money has learned. The White House and the Justice Department are working off a draft EO that addresses business practices that have upended college sports, diverting resources away from academics and sparking increased student fees, critics say. The order – expected to be released within the next few weeks, according to insiders – will likely include spending caps for schools looking to woo student athletes with lucrative endorsement deals.
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