Key senators strike bipartisan deal on sweeping college sports reform with transfer, eligibility and cap enforcement
Two U.S. senators have reached a bipartisan agreement on a significant reform bill for college athletics. The Protect College Sports Act aims to regulate athlete transfers, eligibility, and compensation caps while preventing the formation of a 'super league.' This legislation is expected to undergo a lengthy approval process in Congress amidst a politically divided environment.
- ▪Senators Maria Cantwell and Ted Cruz have negotiated a comprehensive bill after two months of discussions.
- ▪The Protect College Sports Act includes provisions for an antitrust exemption for the NCAA.
- ▪The bill also establishes an agent registry and limits fees to 5%.
Opening excerpt (first ~120 words) tap to expand
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