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Regulations on Names and Likenesses Boost Financial Education for College Athletes

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Regulations,Names,Likenesses

Regulations on names, images, and likenesses are directing more money into the bank accounts of college athletes and making financial education more important. Athletes like Louisiana State University gymnast Olivia Dunne and University of Iowa women's basketball star Caitlin Clark have NIL valuations of over $3 million, according to college sports website On3. Former NFL player and CNBC Global Financial Wellness Advisory Board member Brandon Copeland said, 'All the issues that professional athletes have had to deal with for years are now trickling down to the young athletes.'

Las regulaciones sobre nombres, imágenes y semejanzas están canalizando más dinero hacia las cuentas bancarias de los atletas universitarios y haciendo que la educación financiera sea más importante.

Tres años después de que tres pequeñas letras revolucionaran los deportes universitarios, una industria de miles de millones de dólares está canalizando más dinero hacia las cuentas bancarias de los atletas universitarios, y la educación financiera nunca ha sido más importante que ahora para los jóvenes.

Las regulaciones NIL han resultado en que los atletas más jóvenes saquen provecho y puedan ahorrar dinero, creando una necesidad de Dice que su forma de pensar en torno al dinero ha avanzado mucho desde su primer año de universidad, cuando recibió un estipendio de la universidad."Con mi estipendio, fue la primera vez que tuve tanto dinero en mi cuenta bancaria. Lo que descubrí fue que no era tan bueno en conocimientos financieros como pensaba", dijo Griffin a CNBC."Sabía que recibiría otro estipendio el mes siguiente, así que estaba gastando todo mi estipendio.

Los atletas de la NCAA contratan agentes y asesores financieros para ayudarlos a negociar acuerdos NIL, lo que marca el comienzo de nuevas responsabilidades financieras., Brandon Copeland."Todos los problemas que los atletas profesionales han enfrentado durante años ahora están yendo hacia abajo con los jóvenes".

"Está obligando a estos jóvenes a conversar sobre qué quiero que este dinero haga por mí", dijo Richards."¿Para qué jugamos, por qué estás en esto y qué quieres hacer con este dinero? Soy optimista acerca de estos jóvenes. Tienen mucho acceso a la información y a las redes sociales".

Regulations Names Likenesses College Athletes Financial Education Bank Accounts Gymnast Basketball Valuations NFL Young Athletes

 

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