12 minutes ago

Bipartisan Bill Aims to Amend Sports Broadcasting Act

Sens. Eric Schmitt and Maria Cantwell agreed on legislation to amend the Sports Broadcasting Act of 1961. The proposed College Sports Competitiveness Act would allow conferences to pool media rights through an antitrust exemption, potentially generating billions in revenue. The bill also proposes a 14-member board representing schools, athletes and media experts. The SEC and Big Ten have opposed the proposal.