Relates to student-athlete name, image, and likeness compensation

This bill updates New York's rules on student-athlete name, image, and likeness (NIL) deals to clarify who can participate and how agreements are handled. It directly affects college athletes, their schools, and the organizations that govern intercollegiate sports like the NCAA. Key provisions require colleges to allow athletes to earn compensation without restrictions, prohibit schools from punishing athletes or coaches for NIL activities, and mandate that deals with minors include parental consent and a five-day cancellation period. The legislation also establishes clear duties for agents and advisors to act in the athlete's best interest and disclose any conflicts of interest. Finally, it ensures that student-athletes can obtain professional legal or agent representation for these contracts.