This is very important. I hate that it required political intervention, but this is needed or college sports will spiral down badly.
The Protect College Sports Act just passed the U.S. Senate 77-22.
If you’re a college football fan, here’s what you NEED to know:
- Players are guaranteed ONE free transfer. Transfer again and you sit out a year
- Schools could have access to as much as $27.5M in additional retention spending on top of the House settlement revenue-sharing structure
- The NCAA gets limited antitrust protection to enforce rules around eligibility, transfers and compensation (so the ncaa doesn't get taken to court every day)
• 5 years of eligibility becomes the national standard
- Coaches would be restricted from leaving for another FBS job in the middle of the season (finally)
- NIL stays, but there would be one national framework with tighter rules around booster/associated-entity payments
- Players get federal protections for scholarships, healthcare and NIL rights
This would be one of the biggest changes to the structure of college sports in decades!
Important: It is NOT law yet. It now heads to the House.