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Lawmakers propose limits on student‑athlete NIL deals and agent oversight
Summary
House Bill 184 would bar NIL contracts that extend beyond collegiate eligibility, require agent funds to be held in monitored trust accounts overseen by the Ohio Athletic Commission, and restrict fee‑sharing without athlete consent, sponsors said in committee testimony.
Representatives Stewart and Matthews presented House Bill 184 to protect intercollegiate athletes’ name, image and likeness rights and to increase transparency in agent relationships. The bill would prohibit NIL contracts that extend past an athlete's collegiate eligibility, require agents to deposit revenues into monitored trust accounts overseen by the Ohio Athletic Commission, and ban agents from sharing fees with unauthorized parties without the athlete's written consent.
Rationale and examples: Sponsors said the reforms are intended to prevent young athletes from signing long‑term deals as teenagers that could bind them financially beyond their college careers. Representative Stewart cited high‑profile cases involving disputes over post‑college rights to illustrate the need for clear contract limits and agent oversight.
Questions and next steps: Ranking members asked about stakeholders consulted in drafting the bill; sponsors said they spoke with the NFL Players Association and expect additional stakeholders to submit testimony. The committee did not vote on HB 184 at the hearing.
