Skip to player
Skip to main content
Search
Connect
Watch fullscreen
Like
Bookmark
Share
More
Add to Playlist
Report
'This Is Patently Unfair': Yvette Clarke Slams SCORE Act's Name, Image, And Likeness Provisions
Forbes Breaking News
Follow
7 weeks ago
During a House Energy Committee markup meeting before the Congressional recess, Rep. Yvette Clarke (D-NY) spoke about name, image, and likeness (NIL) provisions in the SCORE Act.
Category
🗞
News
Transcript
Display full video transcript
00:00
for your, not an opening statement, but you're going to discuss the bill. Thank you.
00:07
Mr. Chairman, I move to strike the last word. Thank you. We are here today to consider the
00:14
SCORE Act, but a title like the NCAA Wishlist Act would better reflect its true objectives.
00:21
Just like big tech, the automotive industry, the energy sector, and many more, college athletics
00:28
has become a multi-billion dollar industry. And much like those other industries, the entrenched
00:34
powers of college sports have the expertise and financial resources to advocate for their
00:40
interests here in the capital and across the country. Unfortunately, the vast majority of
00:45
college athletes do not have the same ability to engage lobbyists and public affairs professionals.
00:51
That sad reality is clearly demonstrated in the bill before us today. This bill fails to
00:59
protect college athletes and look out for their best interests. In particular, I am deeply troubled
01:06
by the antitrust exemption this bill would provide the NCAA and other athletic conferences.
01:13
Let me remind you all that antitrust lawsuits brought by current and former players are the sole reason
01:28
athletes have been able to achieve the gains of the last few years. And if history is any guide,
01:35
the NCAA and other athletic conferences simply cannot be trusted with creating fair guidelines that
01:41
protect students and college athletes' ability to profit off their own name, image, and likeness.
01:48
We simply cannot turn to the same entities that created the broken, inequitable system of the past
01:55
to serve as the stewards of a new system. We are already seeing the folly in this thinking play out
02:01
with the newly created College Sports Commission, as proposed deals are rejected out of hand due to its
02:09
decision to arbitrarily decide that college athletes cannot accept certain appearance fees, which seems
02:15
fundamental to monetizing the value of one's name, image, and likeness. So let's be honest about what's
02:23
happening in the wake of the House V NCAA settlement. Major universities and conferences, frustrated by
02:30
donors directing funds to NIL collectives and players, are seizing on this moment to recoup lost fundraising
02:37
dollars. This bill would codify an arbitrary cap on revenue-sharing payments made to players directly
02:46
from universities, regardless of how much a university is profiting from their athletes' talent.
02:52
This bill would also codify provisions in the House settlement, making it much more difficult for
02:59
players to sign other NIL deals. This is patently unfair. Furthermore, this bill would also foolishly
03:08
preempt state laws around NIL and college athletics more broadly, which along with antitrust lawsuits,
03:16
ushered in this new era of equity and player empowerment. The blanket ban on employment status for
03:22
college athletes is also unnecessary at this stage and only serves to further undermine the rights of the
03:30
college athletes that have built this multi-billion dollar industry. I understand the pressure certain
03:36
members are facing to do something on college athletics. It is big business in many districts across
03:43
the country. But let's remember what's really at stake here. The ability for young people to participate
03:50
in the free market just like anyone else. It is that simple. I urge my colleagues to reject the NCAA
03:58
wish list act. And if we must do something, let's do something that actually serves the players rather
04:05
than reverting to an unfair systems of the past. Thank you, Mr. Chairman, and I yield back.
Be the first to comment
Add your comment
Recommended
20:43
|
Up next
Yvette Clarke Slams Committee For 'Giving The NCAA Everything On Its Wish List' In SCORE Act
Forbes Breaking News
7 weeks ago
5:15
Yvette Clarke Asks OPTN CEO Point Blank: 'Is UNOS Currently Being Sued For Racist Practices?'
Forbes Breaking News
2 months ago
10:08
Yvette Clark Introduces Censure Resolution For Cory Mills
Forbes Breaking News
4 weeks ago
2:52
Katherine Clark Slams Republicans For Ceding U.S. 'Power To Our Rivals' With Foreign Aid Cuts
Forbes Breaking News
4 months ago
4:23
Deb Fischer Takes Victory Lap After Senate Bypasses Parliamentarian To Overturn CA Emissions Reg.
Forbes Breaking News
4 months ago
5:49
Chris Coons Questions Kelly Loeffler About SCORE Program
Forbes Breaking News
4 months ago
42:55
'That's Ridiculous!': Mike Levin Slams Possibility Of More Rescissions Packages
Forbes Breaking News
2 months ago
5:53
Durbin To Nom: 'How Do You Believe The Supreme Court Should Be Governed When It Comes To Ethics?'
Forbes Breaking News
4 weeks ago
20:21
What We Know—And Still Don't Know—About Trump's Announced U.S.-China TikTok Deal
Forbes
20 hours ago
4:32
100 Years Of The Rolls-Royce Phantom: All 8 Generations At Pebble Beach _ Cars & Bikes _ Forbes
Forbes
20 hours ago
7:17
Capitalism For Thee, Socialism For Me—Is That What's Happening In The United States Today?
Forbes
20 hours ago
0:54
Actress Jennifer Garner’s Baby Food Company Files For IPO
Benzinga
17 hours ago
0:50
Tesla Reports 19.3K New Insured Registrations In China, Quarterly Total Stands At Over 165K Units
Benzinga
18 hours ago
1:00
Shake Shack Battles Rising Beef Costs With Clever Price Moves
Benzinga
18 hours ago
5:17
War Secretary Pete Hegseth Declares an End to 'Politically Correct' Leadership in the U.S. Military
TIME
19 hours ago
1:35
A Government Shutdown Could Start Wednesday. Here’s How It Could Affect Your Life
TIME
19 hours ago
3:54
Trump Signals Greater Use of Military in U.S. Cities, Warning of ‘War From Within’
TIME
20 hours ago
2:54
Kathy Hochul Asked If She Has 'Confidence' In NYC Mayor Adams Amid Trump Administration Job Offers
Forbes Breaking News
3 weeks ago
1:53
'There Was No Looting, There Were No Cars Set On Fire': Cox Praises Utahns' Response To Kirk Killing
Forbes Breaking News
3 weeks ago
0:45
Cox Reads Heinous Inscriptions Found On Casings Found With Rifle Allegedly Used To Kill Charlie Kirk
Forbes Breaking News
3 weeks ago
5:11
Jasmine Crockett: One Reason Trump Has A Problem With DC 'Is Because It's Black And Brown'
Forbes Breaking News
3 weeks ago
6:24
Tyler Robinson Said Charlie Kirk 'Was Full Of Hate' At Recent Dinner With Family_ Utah Governor
Forbes Breaking News
3 weeks ago
1:55
Kamala Harris' Book Was A 'Bold Admission Of Lack Of Respect' For Joe Biden_ James Comer
Forbes Breaking News
3 weeks ago
3:17
Laughter Breaks Out As Moskowitz Absolutely Roasts Trump Over Alleged Epstein Birthday Book Doodle
Forbes Breaking News
3 weeks ago
6:13
James Comer: This Is What We Want To Hear From Karine Jean-Pierre Ahead Of Deposition About Biden
Forbes Breaking News
3 weeks ago
Be the first to comment