Senate passes college sports bill.
Here are the changes in the bill that seem most interesting to me.
1 )addition of a "retention fund" allows schools to increase payments directly from the schools from 22.5 million to 49 million. I assume this is separate from NIL.
2) 1 "free" transfer per student athlete. Allows some exceptions, I assume grad transfer and coaching changes, but the article doesn't say what the exceptions are.
3) Restrict coaches from leaving during the season.
4) if a school wants to switch conferences, it needs to first go independent for 3 years. This seems like a big barrier for most schools.
5) 20 team limit on conference size.
I was listening to a podcast on the subject.
One important detail I got wrong is that the new 48 million total eliminates NIL.
That part of the bill is intended to control costs, although player compensation is the only cost being contained, i.e nothing about coaches pay or the facilities arms race.