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Linked legislation: S. 4668
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Based on official legislative actions published by Congress.
Cloture motion on the motion to proceed to the measure presented in Senate. (CR S4449)
This timeline shows the bill's position in the federal legislative process based on official congressional actions.
Cloture motion on the motion to proceed to the measure presented in Senate. (CR S4449)
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Would let student-athletes sign NIL deals, cap agent fees, limit certain pay, and allow joint TV rights sales under conditions.
Prohibits schools from blocking student-athlete NIL deals, subject to specified limits.
Students must report NIL compensation over $600 to their institution.
Requires agents to register with a state and caps endorsement fees at 5%.
Creates limited antitrust exemption for pooled TV rights if 75% of FBS participate.
If enacted, these changes would change how athletes negotiate NIL deals, how agents are regulated, limit certain indirect payments, and enable large-scale joint media-rights agreements under a narrow antitrust exemption.
College student-athletes, institutions, conferences, athletic associations, agents, and broadcasters.
The official source describes bill provisions but does not state its current legislative status or any votes.
Praveta summarizes official congressional material and keeps the underlying source available for review.