College athletes profiting off of their own name, image and likeness (NIL) while maintaining eligibility became a reality earlier this year.
The rule change came too late for Oklahoma Sooners football players Rhett Bomar, J.D. Quinn and Jermaine Hardison, who were accused of accepting money for work they did not perform at Norman car dealership Big Red Sports and Imports.
On this day in 2006, the NCAA began its investigation of the rule violations. Bomar and Quinn were dismissed prior to the 2006 season.