Senate passes college sports bill to rein in athlete payments and transfers
NBC Bay Area reports: The Protect College Sports Act would establish national rules for athlete compensation, eligibility and transfers while granting the NCAA an antitrust exemption The Senate passed a sweeping bipartisan bill on Monday that would regulate college sports, an attempt to end “chaos” in an industry that has been upended by skyrocketing athlete payments and near-unrestricted transfers between schools. The overwhelming 77-22 vote to pass the legislation is the strongest effort yet by Congress to set national regulations governing payments to college athletes for their name, image and likeness and how often they can transfer.
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NBC Bay Area reports: The Protect College Sports Act would establish national rules for athlete compensation, eligibility and transfers while granting the NCAA an antitrust exemption The Senate passed a sweeping bipartisan bill on Monday that would regulate college sports, an attempt to end “chaos” in an industry that has been upended by skyrocketing athlete payments and near-unrestricted transfers between schools. The overwhelming 77-22 vote to pass the legislation is the strongest effort yet by Congress to set national regulations governing payments to college athletes for their name, image and likeness and how often they can transfer.