Key senators strike bipartisan deal on sweeping college sports reform with transfer, eligibility and cap enforcement [View all]
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.
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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