4. a. A student-athlete who enters into a contract providing compensation to the student-athlete for use of his name, image, or likeness shall disclose the contract to an official of the four-year institution of higher education, to be designated by the institution.

b. A student-athlete shall not enter into a contract providing compensation to the student-athlete for use of his name, image, or likeness if a provision of the contract:

(1) conflicts with a provision of the student-athlete’s team contract; or

(2) conflicts with the provisions of subsection b. of section 2 of this act.

c. An institutional team contract shall not prevent a student-athlete from using the athlete’s name, image, or likeness for a commercial purpose when the athlete is not engaged in official team activities.

d. An institutional team contract shall allow the institution, athletic association, conference, or other group or organization with authority over intercollegiate athletics to use the athlete’s name, image, or likeness for advertising and marketing purposes without additional compensation paid to the student-athlete.

e. An institution asserting a conflict pursuant to subsection b. of this section shall disclose to the student-athlete and to the student-athlete’s professional representation the relevant contractual provisions that are in conflict.

L.2020, c.83, s.4.