Big 10 and SEC support bill regulating college sports
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With the Big Ten and SEC now on board, the bill has a chance of getting to the Senate floor next week for a vote.
With the August congressional recess deadline looming, parties are doing everything they can to put the final touches on legislation that could bring some sense of regulation back to college football
The retention pool jumped to $22.5 million as Senators Ted Cruz and Maria Cantwell secured support from Big Ten and SEC before the August recess.
Big Ten commissioner Tony Petitti shared an update on the Protect College Sports Act during the conference’s Media Days. While speaking to reporters, Petitti said the amended bill should arrive very soon.
Efforts to pass legislation governing the nation’s $19 billion college sports industry are teetering amid a fierce lobbying fight over media rights and antitrust protections. The Protect College Sports Act advanced out of the Senate Commerce Committee on a 19-9 vote last month that pulled in seven Democrats.
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College NIL bill includes $25 million 'retention pool' but is that enough to sway Big Ten, SEC?
A reworked Senate bill designed to regulate college sports proposes to more than double the amount of money schools could share with players as part of a flurry of revisions designed to win the support of the Big Ten and Southeastern Conferences.
Struggles negotiating with the Big Ten and SEC have reduced the odds of the Protect College Sports Act reaching the floor before the August recess.
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Tick Tock: SEC and Big Ten receive revised Protect College Sports Act as Senate vote timeline looms
Revised Protect College Sports Act language was sent to SEC and Big Ten for opinion after weeks of work from Ted Cruz, Maria Cantwell and other leaders.