Senate passes bipartisan Protect College Sports Act, 77-22, to regulate college sports payments and transfers. Bill aims to end chaos in industry reshaped by athlete payments and unrestricted transfers.
Senate negotiations led by Sens. Ted Cruz and Maria Cantwell resulted in bipartisan bill. Legislation would give NCAA limited antitrust exemption and codify rules on name, image, and likeness deals. Bill also restricts player transfers and coach movements to stabilize NCAA portal.
Bill codifies 2025 court settlement allowing schools to share revenue with players, with cap of $21.5m and potential retention fund of $27.5m. Critics argue bill doesn't fully address athlete protections or curtail money flows to coaches and conferences.