Happy Thursday, everyone. Senators are still working on the Protect College Sports Act. The SEC and Big Ten continue to push for higher caps, which would make it even more difficult for schools in other leagues to compete.
A pair of documents outlining concessions the lawmakers have made in the negotiations were headlined by a $20 million-plus "retention pool" that schools could use to keep players from leaving. It would amount to a doubling of the revenue-sharing "salary cap," which is currently set at $21.3 million for this school year.
The conferences are seeking answers on whether the increase in revenue share would impact rules governing third-party payments to players, the likes of which are largely blamed for spiraling roster costs.
There's also the question of whether such an increase would comport with the House settlement — the $2.8 billion lawsuit settlement that dictates rules around revenue sharing. Jeffrey Kessler, the plaintiffs' attorney, has said he would need to see the language before weighing in on whether it impacts the settlement.
Absent from the documents was any mention of rewrites regarding antitrust protection or preemption of state laws. Those have been core requests surrounding legislation from virtually all the conferences and NCAA since Congress began this process.
#whether #schools #million #conferences
A pair of documents outlining concessions the lawmakers have made in the negotiations were headlined by a $20 million-plus "retention pool" that schools could use to keep players from leaving. It would amount to a doubling of the revenue-sharing "salary cap," which is currently set at $21.3 million for this school year.
The conferences are seeking answers on whether the increase in revenue share would impact rules governing third-party payments to players, the likes of which are largely blamed for spiraling roster costs.
There's also the question of whether such an increase would comport with the House settlement — the $2.8 billion lawsuit settlement that dictates rules around revenue sharing. Jeffrey Kessler, the plaintiffs' attorney, has said he would need to see the language before weighing in on whether it impacts the settlement.
Absent from the documents was any mention of rewrites regarding antitrust protection or preemption of state laws. Those have been core requests surrounding legislation from virtually all the conferences and NCAA since Congress began this process.
#whether #schools #million #conferences
18 hours ago
