The SEC and Big Ten have agreed to support the ‘Protect College Sports Act’ after intense negotiations. The negotiations involved senators, the White House, and conferences across college athletics, with the goal of reaching a version of the bill that all sides could support.
Background
The ‘Protect College Sports Act’ aims to address issues in college athletics, including NIL deals and retention caps. The bill has been the subject of contentious discussions, with various parties involved in the negotiations.
Senators Ted Cruz (R-Texas) and Maria Cantwell (D-Wash.), along with Eric Schmitt (R-MO), led the charge to present a bipartisan bill that would satisfy the power brokers. The White House has been following the negotiations closely, with President Trump actively engaged in the process.
Next Steps
The Senate will take their August recess at the end of the next week, but there is a process to bringing the bill to the Senate floor. The clock is ticking, and both the SEC and Big Ten know it. The bill’s fate remains uncertain, but the agreement between the SEC and Big Ten is a significant step forward.
Original reporting: Fox News (HLL/CB) — read the source article.