College Athlete Economic Freedom Act

The College Athlete Economic Freedom Act (HR 4948) gives college athletes the right to market their name, image, and likeness without restrictions from their schools or athletic associations. It prohibits institutions from preventing athletes from negotiating contracts for their name, image, or likeness, and requires schools to allow collective representation for athletes to negotiate such agreements. The bill establishes transparency requirements for institutions regarding revenue from athletes' name, image, and likeness activities and includes specific provisions for international college athletes. It creates enforcement mechanisms through the Federal Trade Commission and allows athletes to sue if their rights are violated.