AMUSEMENTS/SPORTS: Provides relative to intercollegiate athletes at a postsecondary education institution. (gov sig) (EN SEE FISC NOTE SG EX)

This bill modifies regulations for college athletes by restricting their ability to sign contracts for using their name, image, or likeness if those deals conflict with their team's existing contract, unless the athletic department approves. It also requires schools to provide annual financial literacy and life skills workshops lasting at least two and a half hours during an athlete's first and third academic years. Additionally, the legislation limits liability for university staff and officials regarding damages to an athlete's potential earnings from name, image, or likeness contracts, except in cases of gross negligence or intentional misconduct. These changes directly affect postsecondary institutions and intercollegiate athletes participating in sports programs.