Pennsylvania college athletes will be recognized for names, images and portraits in legislation related to the new state budget.
PennLive.com Report Documents obtained from the State House Expenditure Commission and associated with the state budget include the phrase “may be awarded” for college athletes for “name, image or portrait.” That you are.
“The reward must be proportional to the market value of the name, image or portrait of the student-athlete. In exchange for the participation of current or future student-athletes, we will provide all or part of the reward. You cannot, participate or appear in a particular higher education institution. “
PennLive reports that student-athletes must hire an outside agent to negotiate the name, image and portrait deals. Schools, conferences and the NCAAs couldn’t get in the way of the deal. In addition, athlete scholarships could not be canceled or reduced based on the compensation received in such transactions. The royalty clause obliges the producer of a team jersey, video game or collectible card to pay royalties to student-athletes.
In this proposal, student athletes will sign contracts with people involved in adult entertainment, alcoholic products, casinos, gambling (including sports betting and lotteries), cigarettes, electronic cigarettes, prescription drugs or controlled hazardous substances. Forbidden.
Similar legislation came into effect on July 1 in six more states, and more states are considering proposals.
Pennsylvania Congressman Offers Image Compensation for Student-Athletes – NBC10 Philadelphia
Source link Pennsylvania Congressman Offers Image Compensation for Student-Athletes – NBC10 Philadelphia