Louisiana 2021 2021 Regular Session

Louisiana Senate Bill SB60 Comm Sub / Analysis

                    The original instrument and the following digest, which constitutes no part of the
legislative instrument, were prepared by Jeanne C. Johnston.
DIGEST
SB 60 Original	2021 Regular Session	Connick
Proposed law provides with respect to compensation for the name, image, or likeness of
intercollegiate athletes as follows:
(1)An intercollegiate athlete enrolled in a public postsecondary education institution or a
nonpublic postsecondary institution that receives or disburses any form of state student
financial assistance may earn compensation for the use of the athlete's name, image, or
likeness.
(2)Compensation earned by an intercollegiate athlete must be commensurate with the market
value of the authorized use of the athlete's name, image, or likeness.
(3)Compensation may not be provided in exchange for athletic performance or attendance at a
postsecondary education institution and shall only be provided by a third party unaffiliated
with the postsecondary institution in which the athlete is enrolled.
(4)Prohibits a postsecondary education institution from adopting or maintaining a contract, rule,
regulation, standard, or other requirement that prevents or unduly restricts an intercollegiate
athlete from earning compensation for the use of the athlete's name, image, or likeness.
(5)Earning compensation shall not affect the intercollegiate athlete's grant-in-aid or athletic
eligibility.
(6)Prohibits a postsecondary education institution, and any entity that supports a postsecondary
institution or its athletic programs, or an officer, director, or employee of a postsecondary
education institution or entity from providing compensation or directing compensation to a
current or prospective intercollegiate athlete.
(7)A postsecondary education institution shall not prevent or unduly restrict an intercollegiate
athlete from obtaining professional representation.
(8)Professional representation obtained by an intercollegiate athlete must be from a person
registered with or licensed by the state in accordance with applicable law. An athlete agent
representing an intercollegiate athlete must be registered with the state and comply with
applicable state and federal law. An attorney representing an intercollegiate athlete must be
licensed to practice law in Louisiana.
(9)A grant-in-aid, including cost of attendance, awarded to an intercollegiate athlete by a
postsecondary education institution is not compensation and shall not be revoked or reduced as a result of an intercollegiate athlete earning compensation or obtaining professional or
legal representation.
(10)A contract for compensation for the use of the name, image, or likeness of an intercollegiate
athlete under 18 years of age shall be executed on the athlete's behalf by his parent or legal
guardian.
(11)Prohibits an intercollegiate athlete from entering into a contract for compensation for the use
of the athlete's name, image, or likeness that conflicts with a term of the athlete's athletic
program's team contract.
(12)An intercollegiate athlete must disclose any contract entered into for compensation for the
athlete's name, image, or likeness to the postsecondary education institution in which the
athlete is enrolled.
(13)The duration of a contract for representation of an intercollegiate athlete or compensation for
the use of an athlete's name, image, or likeness shall not extend beyond the athlete's
participation in an athletic program at a postsecondary institution.
(14)Requires postsecondary education institutions to conduct a financial literacy and life skills
workshop at the beginning of an intercollegiate athlete's first and third academic years. The
workshops must include information on time management skills and academic resources and
shall not include any marketing, advertising, referral, or solicitation by providers of financial
products or services.
Effective July 1, 2021.
(Adds R.S. 17:3701-3703)