Big Ten, SEC finally strike a deal on the Protect College Sports Act
The Big Ten and SEC have reached an agreement with lawmakers on the 'Protect College Sports Act,' a bill aimed at regulating college athletics and antitrust exemptions. The legislation, which has received support from President Trump, seeks to implement revenue-sharing caps and transfer rules despite concerns regarding player compensation.
Why it matters
This legislation represents a major shift in the business model of collegiate sports, potentially limiting athlete earning power while consolidating power within major conferences.
The so-called “Protect College Sports Act” had stalled, thanks in large part to lingering objections from the Big Ten and the SEC. On Friday, it all changed.
Via Ross Dellenger of Yahoo Sports, the Big Ten and SEC reached an agreement with lawmakers regarding the bill that would ostensibly restore some order to the chaos flowing from decades of rampant antitrust violations. While also picking the pockets of those who play the most profitable sports.
President Trump got directly involved in the effort to smooth out the lingering issues. Senator Eric Schmitt (R-Mo.) told Dellenger that a vote of the full Senate is expected next week. With a one-month recess looming, the Senate was running out of time to get something done before the midterm elections in November.
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