Florida schools may struggle to attract student athletes

Florida lawmakers are not planning to change laws on compensating student athletes, even as neighboring states prepare for a significant NCAA court settlement expected in April. This settlement could allow schools to directly pay athletes for the first time. States like Arkansas, Georgia, and Alabama are advancing legislation to enhance financial incentives for student athletes, such as tax exemptions and fundraising initiatives. In contrast, Florida's existing NIL policy remains limited, and lawmakers are hesitant to increase state funding for college sports. Florida universities face potential revenue losses and increased costs due to the upcoming settlement, which could cost the state’s university system $170 million annually. Without legislative changes, Florida schools may struggle to compete with their rivals in attracting student athletes.