Senate advances Protect College Sports Act in bid to standardize NIL rules and cap revenue sharing
The Senate moved the Protect College Sports Act, a bipartisan measure led by Sen. Ted Cruz (R-Texas) and Sen. Maria Cantwell (D-Wash.), onto the floor for a potential vote later this week. The legislation targets what Cruz called "the Wild West" of college athletics since the NCAA opened the NIL market in 2021, and would impose a federal revenue-sharing cap, restrict the transfer portal, and set a five-year uniform eligibility window. Senate Majority Leader John Thune described the current arrangement as "a mess."
Key takeaways
- The Senate advanced the bipartisan Protect College Sports Act, led by Sen. Ted Cruz (R-Texas) and Sen. Maria Cantwell (D-Wash.), onto the floor for a potential vote later this week.
- The bill would impose a federal revenue-sharing cap, create a federal NIL standard, restrict the transfer portal, add recruiting and tampering guardrails, and set a five-year uniform eligibility window.
- The measure advanced over the stated objections of the Southeastern Conference and the Big Ten.
- Sen. Chris Murphy and the Congressional Black Caucus, led by Rep. Yvette Clarke, oppose the bill, with the caucus tying its opposition to the Supreme Court's recent Voting Rights Act decision.
- Sen. John Thune indicated the full Senate vote could come later in the week.
The Senate moved the Protect College Sports Act, a bipartisan measure led by Sen. Ted Cruz (R-Texas) and Sen. Maria Cantwell (D-Wash.), onto the floor for a potential vote later this week. The legislation targets what Cruz called "the Wild West" of college athletics since the NCAA opened the NIL market in 2021, and would impose a federal revenue-sharing cap, restrict the transfer portal, and set a five-year uniform eligibility window. Senate Majority Leader John Thune described the current arrangement as "a mess."
What the bill changes operationally
Cruz's core argument is that Congress created the problem in the first place. Federal antitrust litigation, applied repeatedly in the years after the NCAA's 2021 decision, dismantled essentially all existing rules and turned player recruitment and compensation into an unregulated exchange. The Protect College Sports Act would restore structure: a federal NIL standard, recruiting and tampering guardrails defining when schools, agents, and coaches can approach a prospective athlete, and new restrictions on the transfer portal, which functions as the mechanism through which players move between programs. The portal, in market terms, is a spot exchange for player capacity. Congress wants to install friction.
The legislation advanced over the stated objections of the Southeastern Conference and the Big Ten. That both conferences failed to block the bill at this stage suggests the political coalition behind it has more runway than either conference anticipated.
The opposition and what is at stake
Sen. Chris Murphy (D-Conn.) argued the bill strips bargaining power from athletes and builds antitrust exemptions into a market that the schools themselves helped distort. He said on X that the "chaos" Cruz is correcting is mostly athletes, a majority of them Black, acquiring leverage that coaching staffs and sports executives would prefer they not have.
The Congressional Black Caucus, led by Rep. Yvette Clarke (D-N.Y.), said it will not support the bill. The caucus linked its opposition to the Supreme Court's recent Voting Rights Act decision, arguing Congress should not extend legal protections to athletic institutions while those institutions were largely silent as Black political representation eroded. Cantwell said on the Senate floor that voting rights are "sacred" and acknowledged that several opponents are "friends and allies." She maintained, however, that student-athlete scholarships and health protections should not be held hostage to a Supreme Court decision those athletes did not make.
What to watch: the full Senate vote, which Thune indicated could come later in the week.
Filed by the newsroom of MarketPR on September 15, 2026. Source: foxnews.com. Indicative figures are not investment advice.