Senate passes bipartisan Protect College Sports Act amid ‘chaos’ in industry

College sports have been upended by athlete paymentsCritics say legislation does not go far enoughThe Senate passed a sweeping bipartisan bill on Monday that would regulate college sports, an attempt to end “chaos” in an industry that has been upended by skyrocketing athlete payments and near-unrestricted transfers between schools.The overwhelming 77-22 vote to pass the Protect College Sports Act is the strongest effort yet by Congress to set national regulations governing payments to college athletes for their name, image and likeness and how often they can transfer. It would give the NCAA new authority over those rules and limited antitrust protections to enforce them. Continue reading...