IL SB2338

Student-athletes at postsecondary institutions may earn compensation at market value for the use of their name, image, likeness, or voice while enrolled.

Student-athletes may obtain certified agents for matters relating to name, image, and likeness compensation and must notify their institution within 7 days of representation agreements.

Postsecondary institutions, athletic associations, and the NCAA cannot prevent students from earning such compensation or revoke scholarships based on name, image, and likeness earnings.

Student-athletes cannot receive compensation conditioned on athletic ability, attendance at a specific institution, or for endorsing gambling, controlled substances, tobacco, alcohol, cannabis, or adult entertainment.

Publicity rights agreements valued at $500 or more must be disclosed to the institution in writing before execution, and contracts cannot extend beyond the student-athlete's participation in their sport at that institution.