To establish certain standards with respect to coaches of varsity sports teams.

SA 6835. Mr. BOOKER (for himself and Mr. Murphy) submitted an
amendment intended to be proposed to amendment SA 6776 proposed by Mr.
Thune (for Mr. Cruz (for himself, Ms. Cantwell, Mr. Schmitt, and Mr.
Coons)) to the bill S. 4668, to protect the name, image, and likeness
rights of, and provide protections for, student athletes and to promote
fair competition among intercollegiate athletics, and for other
purposes; which was ordered to lie on the table; as follows:

Insert after section 112 the following:

SEC. 112A. TRANSFER PROTECTIONS FOR COACHES.

Subject to the requirements and prohibitions regarding mid-
season coaching transitions under section 110, an
institution, a conference, an intercollegiate athletic
association, or any representative of such entity shall
permit a coach to transfer from one four-year institution to
another four-year institution--
(1) once without losing or delaying eligibility to coach
intercollegiate sports;
(2) except as provided in paragraph (3), a second time with
a loss of eligibility to coach intercollegiate sports during
the first academic year following the transfer; and
(3) additionally, without losing or delaying eligibility to
coach intercollegiate sports, upon--
(A) discontinuation of a sport that the individual coaches;
or
(B) sexual assault or harassment of the coach by an
individual associated with the institution from which the
coach intends to transfer.

Insert after section 114 the following:

SEC. 114A. TREATMENT OF COMPENSATION FOR COACHES.

(a) Endorsement Contracts.--
(1) Compensation requirement.--Any endorsement contract for
a coach of a varsity sports team shall be invalid unless the
contract is for a valid business purpose and is commensurate
with compensation paid to individuals with a similar profile,
reputation, or notability who are not coaches or prospective
coaches.
(2) Disclosure.--Each institution shall include in the
disclosures required under section 104(a)(1) information on
any endorsement contracts in force with respect to any coach
of a varsity sports team at that institution.
(b) Cap for Contract Buyouts and Termination Fees for
Coaches.--
(1) In general.--Any contract buyout or termination fee
payable to a coach of a varsity sports team may not exceed an
amount equal to the greatest annual compensation paid to the
coach under that contract, excluding bonuses.
(2) Application.--Paragraph (1) shall apply to any contract
for a coach of a varsity sports team entered into on or after
the date of the enactment of this Act.
(c) Salary Cap for Coaches.--
(1) In general.--Subject to paragraph (2), an institution
may not provide compensation to a coach of a varsity sports
team that exceeds $5,000,000 per year.
(2) Application.--Paragraph (1) shall apply to any
agreement related to compensation for a coach of a varsity
sports team entered into on or after the date of the
enactment of this Act.

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