New NIL bill draft targets collectives with threat of perjury for non-compliance

WASHINGTON, D.C. — The latest college sports congressional legislation would require collectives managing name, image and likeness (NIL) money to submit contact details for school donors who contribute, or risk “perjury.”

An updated discussion draft of Rep. Gus Bilirakis’ NIL bill, obtained by Yahoo Sports, prohibits collectives from entering into NIL deals with athletes until they are enrolled in school for 90 days, outlaws tampering with other teams’ athletes and creates a public-facing database of figures from NIL deals across college sports.