Oklahoma Gov. Kevin Stitt signed an executive order that allows institutions to direct payments to student athletes for the use of their name, image and likeness without using taxpayer dollars on the deals.
The order, signed by the governor on Thursday, allows for the creation of foundations that will allow entities to contribute to NIL funds without investigation from athletic organizations such as the NCAA or athletic conferences.
Complete federal decisions on NIL payments have yet to be put into place. The order will automatically expire upon a federal law governing student athlete payments or settlement of the current NIL litigation.
Prior to July 2021, college student athletes have been prohibited from profiting off their fame. After a series of rule changes from the NCAA and state laws, athletes gained the right to funds created by any sponsorship or commercial use of their name. Since there is currently no federal law put in place regarding NIL regulations, states have become responsible for implementing laws.
“This executive order ensures that these student-athletes have access to the same opportunities as their peers in other states,” Stitt wrote in a press release. “This action is a critical step to protect Oklahoma’s student-athletes and ensures they have the opportunity to succeed on and off the field.”
OU President Joseph Harroz Jr. thanked Stitt for signing the order in a post on the social platform X Thursday evening.
“As the collegiate athletics landscape continues to shift, the University of Oklahoma is committed to leading with innovation and positioning our student-athletes — and the state of Oklahoma — for enduring success,” Harroz wrote.
This story was edited by Anusha Fathepure.
