Senate Bill 2417 Summary

• Renames the act to the "Mississippi Intercollegiate Athletics Compensation and Publicity Rights Act" and revises definitions of key terms including "compensation," "publicity rights," "student-athlete," and "third party."

• Authorizes postsecondary educational institutions and third parties to facilitate and compensate student-athletes for use of their publicity rights, while allowing institutions to require disclosure of publicity rights agreements and impose reasonable time/date limitations on such activities.

• Prohibits student-athletes from entering into publicity rights agreements involving gambling, sports betting, controlled substances, marijuana, tobacco, alcohol, adult entertainment, or other brands inconsistent with institutional values; clarifies student-athletes are not employees of institutions.

• Caps athlete agent compensation at 20% of agency contracts and amends the Uniform Athlete Agents Act to align definitions and requirements with publicity rights provisions.

• Prohibits out-of-state persons or entities from offering compensation to recruit Mississippi student-athletes to other institutions and prevents national athletic associations from penalizing institutions for activities authorized by this chapter.