Michigan HB4643 modifies compensation rules for college athletes, ensuring they can earn from their name, image, or likeness without penalty.

Michigan HB4643 amends existing law to allow college athletes to earn compensation from their name, image, or likeness without penalty. It prohibits institutions from preventing athletes from participating in sports due to such earnings. The bill also mandates written agreements for compensation over $5,000, detailing terms and obligations. Institutions cannot interfere with athletes' professional representation or require them to advertise sponsors. Violations can lead to civil actions for damages and injunctive relief.

Michigan HB4643 modifies compensation rules for college athletes, ensuring they can earn from their name, image, or likeness without penalty.

Michigan HB4643 amends existing law to allow college athletes to earn compensation from their name, image, or likeness without penalty. It prohibits institutions from preventing athletes from participating in sports due to such earnings. The bill also mandates written agreements for compensation over $5,000, detailing terms and obligations. Institutions cannot interfere with athletes' professional representation or require them to advertise sponsors. Violations can lead to civil actions for damages and injunctive relief.