The US Senate advanced the Protect College Sports Act, setting up a likely vote tomorrow. The bipartisan bill establishes federal rules for college athletics:
• Athletes can monetize name, image, and likeness (NIL) without losing scholarships
• One penalty-free transfer allowed
• Division I schools must cover out-of-pocket costs for sports injuries
• Agent fees capped at 5%
Passage is expected given strong bipartisan support.
• Athletes can monetize name, image, and likeness (NIL) without losing scholarships
• One penalty-free transfer allowed
• Division I schools must cover out-of-pocket costs for sports injuries
• Agent fees capped at 5%
Passage is expected given strong bipartisan support.