Key senators strike bipartisan deal on sweeping college sports
Summary
Intel: This would radically change things from what we have now.
This would radically change things from what we have now. I don't know if this is good for the Big Ten and SEC.
Two U.S. senators have struck a deal in landmark bipartisan legislation to regulate college athletics.
Next comes a months-long process of gaining enough support for passage in a divided U.S. Congress at a divisive time in America.
Sens. Maria Cantwell, a Washington Democrat, and Ted Cruz, a Texas Republican, reached an agreement on Wednesday after more than two months of intense negotiations, adopting a comprehensive bill that would grant the NCAA its long-sought antitrust exemption related to athlete transfers, eligibility and the compensation cap.
The bill — named the Protect College Sports Act — precludes the creation of a so-called “super league”; creates an agent registry limiting fees to 5%; permits the pooling of media rights; and bars coaches from leaving their team before the season ends.
“This bipartisan bill is designed to save the part of college sports that fans actually care about,” Cruz said in an interview with Yahoo Sports announcing the legislation.
https://sports.yahoo.com/college-football/article/key-senators-strike-bipartisan-deal-on-sweeping-college-sports-reform-with-transfer-eligibility-and-cap-enforcement-152527197.html
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Michigan State
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