An Act relative to college athlete compensation and agent regulation

This bill creates a new chapter in Massachusetts law to regulate how college athletes are compensated and how agents interact with them. It defines specific terms like "athlete agent" and "name, image or likeness agreement" to clarify who is covered by the rules and what types of contracts are involved. The legislation establishes clear boundaries for individuals who advise student-athletes on finances, careers, or business matters, distinguishing between licensed professionals and those acting as agents. By setting these definitions, the bill aims to provide a structured framework for managing the growing financial opportunities available to college athletes while maintaining oversight over their representation.