High School athletics, right to compensation for name, image, and likeness

HB 340 allows high school student athletes in Alabama to receive compensation for the use of their name, image, or likeness (NIL). It directly affects all K-12 student athletes participating in school athletics. Key provisions include banning payments tied to athletic performance, prohibiting the use of school logos or uniforms in NIL deals, requiring parental guidance on financial/tax impacts, and mandating 7 days' notice to schools before signing contracts. The law prohibits schools or their agents from providing compensation and takes effect October 1, 2026.