Potential New Tax Law Would Allow NCAA Athletes to Profit From Their Image

On March 14, 2019, Rep. Mark Walker (R-N.C.) introduced a bill that would allow NCAA athletes to profit from their image and likeness. The Student-Athlete Equity Act, which is co-sponsored by Rep. Cedric Richmond (D-La.), would amend the definition of an “amateur” in the federal tax code and would allow NCAA student-athletes to get paid when they, or more specifically their image, appears in video games, advertisements, and other public media. In a statement, Rep. Walker said, “Signing an athletic scholarship with a school…
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9th Circuit Hears O’Bannon Antitrust Appeal Arguments

On Tuesday, March 17, NCAA March Madness began in more than one respect.  In addition to the start of the NCAA Men’s Basketball tournament, Tuesday saw the beginning of the much anticipated NCAA appeal to the 9th Circuit challenging the outcome of O’Bannon v. NCAA. Last August, Judge Claudia Wilken ruled in the case that the NCAA was unreasonably restraining trade in violation of antitrust law by limiting schools’ scholarship amounts to less than the full cost of attendance.  The ruling provides an…
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