Virginia law allows schools to pay NIL deals to athletes
(Photo credit: Christopher Hanewinckel-USA TODAY Sports)
A new law signed Thursday will enable schools in Virginia to pay name, image and likeness deals directly to student-athletes.
The legislation, which takes effect on July 1, is the first of its kind in the nation. It makes it illegal for the NCAA to punish any school in Virginia for compensating athletes with NIL deals.
The law potentially could give schools like V