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Code · BILL · 116th Congress · S. 5003 (Introduced in Senate) — To protect the rights of student athletes, to provide for transparency and accountability with respect to student ath... · Sec. 3

Sec. 3. Protection of student athlete rights

146 words·~1 min read·/bill/116/s/5003/is/section-3

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Except as provided in section 4, an association, a conference, or an institution shall permit a student athlete— to earn covered compensation, commensurate with market value, for the use of the name, image, or likeness of the student athlete while enrolled at an institution; and to obtain and retain a certified agent for any matter or activity relating to such covered compensation. In the case of a student athlete who no longer participates in varsity intercollegiate sports competition, the student athlete may rescind a name, image, and likeness agreement with a remaining term of more than 1 year— without being held liable for breach; and with no obligation to return payments received before giving notice of the rescission.
The Entity shall provide educational resources to student athletes with respect to earning covered compensation for the use of the name, image, or likeness of the student athlete.
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