College Athlete Economic Freedom: Right to Earn from Name, Image, Likeness.
This Act grants college athletes the full right to profit from their name, image, and likeness (NIL) without jeopardizing their athletic scholarships. It prohibits institutions and athletic associations from restricting these contracts or colluding to limit payments. The law establishes federal standards, ensuring athletes can hire professional representation and promoting equitable earning opportunities regardless of gender or sport.
Key points
Colleges and athletic associations are barred from enforcing rules that prevent athletes from marketing their name, image, or likeness.
NIL compensation will not negatively affect an athlete's eligibility for or the amount of their grant-in-aid (scholarship).
Institutional support for NIL must be equally available to all athletes, and NIL collectives must report compensation data disaggregated by gender and sport to the FTC.
International students on F-1 visas are explicitly authorized to engage in NIL activities and receive compensation without violating their immigration status.
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