"Although our eight members are disappointed with the decisions of these two institutions, we recognize that intercollegiate athletics is experiencing rapid change and will most likely look much different in 2025 than it does currently," commissioner Bob Bowlsby said in a statement.
Under the new policy, athletes at UNC will be able to earn money for marketing their name, image, and likeness, also referred to as NIL, in groups of three or more, alongside UNC trademarks and logos like the Tar Heels logo and argyle uniforms.
The University of California, Davis also put the team’s coaching staff on administrative leave while it investigates unspecified allegations of misconduct.