North Carolina Gov. Roy Cooper rescinds 2021 executive order setting NIL guidelines in the state

North Carolina Gov. Roy Cooper rescinded an executive order from 2021 on Friday that established guidelines for allowing college athletes to profit from their fame. The executive order originally came as the NCAA cleared the way for college athletes to make money off the use of their name, image and likeness (NIL). It was designed as “a standard for for individual institutions to use as they formalize their own policies and procedures" while multiple states passed their own varying NIL laws.