Louisiana SB120 amends laws regarding compensation and rights for intercollegiate athletes at postsecondary institutions.
Louisiana SB120 amends existing law to allow postsecondary institutions to participate in name, image, and likeness endeavors for intercollegiate athletes. It ensures that any compensation agreements for athletes' names, images, or likenesses comply with current law. The bill also mandates that institutions provide annual financial literacy and life skills training, increasing the minimum requirement from two and a half hours to three and a half hours per year.
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