Sec. 4. Grants for analyzing name, image, likeness, and athletic reputation monetization
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/bill/117/s/238/is/section-4A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
In this section: The term eligible entity means— a business in the United States; a public or private education and research organization in the United States; or a consortium of entities described in subparagraph
(A)or (B). The term Secretary means the Secretary of Commerce. Annually, the Secretary may award a grant to, or enter into a contract or a cooperative agreement with, an eligible entity for the purpose of conducting a market analysis of the monetization of the rights granted to college athletes under this Act during the 1-year period preceding the date of the analysis. An eligible entity that receives a grant or enters into a contract or cooperative agreement to conduct an analysis under subsection
(b)shall— make the analysis and information relating to the analysis publicly available, including— the surveys and interviews the eligible entity conducted during the course of the analysis; and estimates of the compensation received by college athletes during the 1-year period preceding the date of the analysis as a result of the monetization of the names, images, likenesses, and athletic reputations of those college athletes, separated by— gender; race; and sport; and provide recommendations to the Secretary to address any disparate estimates described in paragraph (1)(B). The Secretary shall make any recommendations received under subsection (c)(2) publicly available. There are authorized to be appropriated to the Secretary such sums as may be necessary to carry out this section.