Bill > S2470

This bill establishes comprehensive rights for college athletes to market and monetize their name, image, and likeness (NIL), preventing colleges and athletic associations from restricting athletes' ability to earn compensation. The legislation prohibits institutions from creating rules that prevent athletes from marketing their NIL, stop them from forming collective representatives, or interfere with group licensing agreements. The bill requires equitable support for athletes across gender, race, and sports, mandating that institutional NIL collectives register with the Federal Trade Commission and report detailed demographic data about their NIL agreements. International college athletes are specifically included, with provisions allowing them to engage in NIL activities without jeopardizing their student visas. The bill establishes enforcement mechanisms through the Federal Trade Commission, allows for private civil actions, and preempts state laws that might conflict with these NIL rights. Importantly, the legislation treats violations as unfair or deceptive practices and considers them per se violations of antitrust law, with potential damages and attorney's fees available to aggrieved athletes. The bill also requires annual market analysis grants to study compensation trends and potential disparities in NIL earnings across different demographic groups, demonstrating a commitment to transparency and equity in college athletics.

Transportation and Infrastructure

https://www.congress.gov/bill/119th-congress/senate-bill/2470/all-info