The NCAA has presented its latest draft on how to govern athlete compensation to the Division I Council, which is expected to approve the proposal Wednesday.

The NCAA is on the cusp of finalizing legislation to allow athletes to be compensated for their name, image and likeness—an expected but historic move.

The governing body of college athletics has presented its latest draft on how to govern athlete compensation to members of the Division I Council, who are expected to approve the proposal at a meeting Wednesday. Formal approval, though, would not come until January. Sports Illustrated obtained a copy of the 22-page document, which details changes to NCAA legislation based on new NIL concepts developed by the NCAA D-I Name, Image and Likeness Legislative Solutions Group.

As expected, the legislation grants athletes the right to use their name, image and likeness (NIL) to:

• Promote private lessons and business activities and operate