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Legendary sports agent Leigh Steinberg discusses the historic settlement that paved the way for revenue sharing.
President Donald Trump signed an executive order to set new restrictions on payments to college athletes Thursday.
The order prohibits athletes from receiving pay-to-play payments from third-party sources.
However, the order does not impose any restrictions on NIL payments to college athletes by third-party sources.
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President Donald Trump holds up a jersey presented to him as he welcomed members of the Baylor women’s basketball team, the 2019 NCAA Division I national champions, to the Oval Office of the White House in Washington April 29, 2019. (AP Photo/Susan Walsh)
Colleges and universities are now allowed to pay their athletes directly after the House v. NCAA settlement last month. With universities bidding for the services of the nation’s top football and men’s basketball players, concerns rose about what resources would be left available for women’s sports and non-revenue men’s sports.
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Trump’s executive order demands that schools account for preserving resources for the non-revenue sports.
“The Order provides that any revenue-sharing permitted between universities and collegiate athletes should be implemented in a manner that protects women’s and non-revenue sports,” the order states. “The Order requires the preservation and, where possible, expansion of opportunities for scholarships and collegiate athletic competition in women’s and non-revenue sports.”
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President Donald Trump laughs as he wears a hat presented to him by the Baylor women’s basketball team, the 2019 NCAA Division I national champions, in Oval Office of the White House in Washington, D.C., April 29, 2019. (AP Photo/Susan Walsh)
No clear guidelines for how those sports would be accounted for were provided in the initial announcement.
Additionally, the order also assigns the U.S. attorney general, the secretary of labor, the assistant to the president for domestic policy and the director of the White House Office of Public Liaison to carry out other tasks that protect the rights of student athletes.
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Jackson Thompson is a sports writer for Fox News Digital. He previously worked for ESPN and Business Insider. Jackson has covered the Super Bowl and NBA Finals, and has interviewed iconic figures Usain Bolt, Rob Gronkowski, Jerry Rice, Troy Aikman, Mike Trout, David Ortiz and Roger Clemens.
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This material may not be published, broadcast, rewritten, or redistributed. ©2025 FOX News Network, LLC. All rights reserved. Quotes displayed in real-time or delayed by at least 15 minutes. Market data provided by Factset. Powered and implemented by FactSet Digital Solutions. Legal Statement. Mutual Fund and ETF data provided by Refinitiv Lipper.
Trump signs executive order to regulate the business of college sports – Fox News
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