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WASHINGTON – The U.S. Senate approved a bill to regulate college sports this week that was a year in the making.
The Protect College Sports Act was approved on a lopsided 77-22 vote, with both Sens. Amy Klobuchar and Tina Smith supportive of the legislation.
Supporters of the legislation say it is needed to sort out the “chaos” in college sports.
But there is still controversy over the bill, with critics saying it would give the NCAA more power over players and cap the compensation that student athletes could earn.
The University of Minnesota joined all Big Ten schools in supporting the bill.
The bill would grant the NCAA and athletic conferences an antitrust exemption that would allow the NCAA to restore its five-year eligibility rule and transfer limits.
The legislation would also cap agent fees at 5% and protect ...
