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Code · BILL · 117th Congress · S. 4724 (Introduced in Senate) — To protect the rights of college athletes and to establish the Commission on College Athletics, and for other purposes. · Sec. 8

Sec. 8. College athletes’ right to transparency

348 words·~2 min read·/bill/117/s/4724/is/section-8

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Prospective college athletes, including enrolled college athletes seeking a transfer to an institution of higher education, shall have the right to transparency in agreements that grant an institution of higher education control over the intercollegiate athletics eligibility of enrolled college athletes. Such an agreement shall include the following disclosures, which shall be legally binding: The amount of institution of higher education athletics grant-in-aid and stipend offered to the prospective college athlete, relative to the most recent cost of attendance, for each academic school year and each summer session.
The amount and duration of institution of higher education athletics grant-in-aid that will be provided to assist the prospective college athlete with graduate degree completion following the expiration of their intercollegiate athletics eligibility. The percentage of comprehensive medical coverage required, including any required coverage to participate in intercollegiate athletics or to enroll as a student, that will be paid for by the institution of higher education during the enrolled college athlete’s intercollegiate athletics eligibility.
The percentage of any out-of-pocket sports-related medical expenses, including deductibles, copays, and coinsurance, that will be paid by the institution of higher education during the prospective college athlete’s intercollegiate athletics eligibility, and any duration that such expenses will be covered after the prospective college athlete’s intercollegiate athletics eligibility expires. The difference between any in-network and out-of-network expenses shall be stated. Whether the institution of higher education will pay for a disability insurance policy to cover future loss of earnings and any limit to such a policy, including the maximum possible benefits based on similarly situated college athletes.
Notice that a college athlete has the opportunity to transfer and be released from a national letter of intent as outlined in this Act. The disclosures required by paragraph
(1)shall be listed— in the order in which the disclosures are described in that paragraph; and beginning on the first page of such agreement. Nothing in this subsection may be construed to require an institution of higher education to provide a benefit described in any of subparagraphs
(A)through
(F)of paragraph
(1)unless otherwise required by this Act.
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