Cover Two is a football student-athlete at Ocean State University. Cover wants to sell the ring he received for participating in a bowl game last month. Is it permissible for Cover to sell his ring?
No. NCAA Official Interpretation- 1/10/14- Student-Athletes Selling Items Received for Participation in Intercollegiate Athletics (I) – states that a student-athlete may not sell, or exchange for another item of value, any item received for athletics participation.
[References: NCAA Division I Bylaws 184.108.40.206 (advertisements and promotions after becoming a student-athlete); 12.1.2 (amateur status); 16.1.4 (types of awards, awarding agencies, maximum value and numbers of awards); and 220.127.116.11 (general rule)]
NCAA Bylaw 16.1.4 states that athletics awards given to individual student-athletes shall be limited to those approved or administered by the member institution, its conference or an approved agency as specified in the following subsections and shall be limited in value and number as specified in this section. Awards received for intercollegiate athletics participation may not be sold, exchanged or assigned for another item of value, even if the student-athlete’s name or picture does not appear on the award. Each of the following subsections is independent of the others so that it is permissible for an individual student-athlete to receive the awards described in all subsections. [R] (Revised: 9/12/03)