Ohio HB184 sets rules for contracts involving intercollegiate athletes, including compensation and use of their likeness.

Ohio HB184 amends the Revised Code to establish limitations on contracts with intercollegiate athletes. It prohibits compensation to the Ohio athletic commission and requires athlete agents to deposit revenues in interest-bearing trust funds. Contracts cannot provide compensation or rights for using an athlete's likeness after they are no longer eligible for intercollegiate sports. Athlete agents must notify the commission of the trust fund's details and cannot share fees with non-employees. The bill also outlines conditions under which athlete agents can retain fees or expenses.

Ohio HB184 sets rules for contracts involving intercollegiate athletes, including compensation and use of their likeness.

Ohio HB184 amends the Revised Code to establish limitations on contracts with intercollegiate athletes. It prohibits compensation to the Ohio athletic commission and requires athlete agents to deposit revenues in interest-bearing trust funds. Contracts cannot provide compensation or rights for using an athlete's likeness after they are no longer eligible for intercollegiate sports. Athlete agents must notify the commission of the trust fund's details and cannot share fees with non-employees. The bill also outlines conditions under which athlete agents can retain fees or expenses.