(a) An institution of higher education may bring a civil action for recovery of damages against an athlete agent if the institution of higher education is damaged by the acts of the athlete agent or the athlete agent's representative or employee in violation of this chapter. Such action shall be brought within four years after the right of action accrues.

(b) An institution of higher education is presumed to be damaged by the acts of an athlete agent or the athlete agent's representative or employee if, because of those acts:

(1) The institution of higher education is penalized, suspended, or disqualified from participation in one or more interscholastic or intercollegiate athletic events by the National Collegiate Athletic Association or by an intercollegiate athletic conference; and

(2) As a result of said penalty, suspension, or disqualification, the institution of higher education suffers an adverse financial impact due to:

(A) Loss of revenue from media coverage of a sports contract;

(B) Loss of the right to grant an athletic scholarship;

(C) Loss of the right to recruit an athlete;

(D) Loss of the right to participate in a postseason athletic competition;

(E) Forfeiture of an athletic contest; or

(F) Loss of other discernible opportunities through which the institution would have realized revenue.

(c) An institution of higher education that prevails in an action brought under this Code section may recover actual damages, punitive damages, court costs, and reasonable attorneys' fees.