Johnny Manziel would’ve made a killing in college if NIL rules had changed while he was at Texas A&M.
Even though he couldn’t profit off his name, image, likeness, the former Heisman winner is offering free advice to existing athletes on how to capitalize.
In late May, while appearing on Barstool Sports’ “Bussin’ With The Boys” podcast, Manziel said he was paid more than $30,000 to sign autographs. He told Bussin’ With The Boys: “So this guy is pretty much like, ‘All right, go to this room at the Fontainebleau. All the stuff will be in there laid out, and when you’re done, just send me a picture of all of it, I’ll give you the code to the safe and the money will be in there.'”
The NCAA’s board of directors decided Wednesday to officially suspend the organization’s rules prohibiting athletes from selling the rights to their names, images and likenesses.
“This is an important day for college athletes since they all are now able to take advantage of name, image and likeness opportunities,” NCAA president Mark Emmert said in a statement. “With the variety of state laws adopted across the country, we will continue to work with Congress to develop a solution that will provide clarity on a national level. The current environment — both legal and legislative — prevents us from providing a more permanent solution and the level of detail student-athletes deserve.”
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The new rules will allow athletes to profit by monetizing social media accounts, signing autographs, teaching camps or lessons, starting their own businesses, and participating in advertising campaigns, among many other potential ventures.
