Senators Tuberville (R-AL) and Manchin (D-WV), who are co-sponsoring the bill, say the act would protect student-athletes, maintain fair competition and compensation, strengthen transparency, and preserve the time-honored tradition of college sports.
According to a press release, the PASS Act would do the following:Requiring collectives and boosters to be affiliated with a college or school.PASS ActProtect higher education institutions by:
Requiring institutions generating more than $20 million and $50 million in athletics revenue to pay out-of-pocket expenses for two and four years, respectively.Implementing a Uniform Standard Contract for student-athlete use for NIL deals.Strengthen enforcement and oversight by directing the NCAA to oversee and investigate NIL activities and report violations to the Federal Trade Commission.
“As a former college athlete, I know how important sports are to gaining valuable life skills and opening doors of opportunity. However, in recent years, we have faced a rapidly evolving NIL landscape without guidelines to navigate it, which jeopardizes the health of the players and the educational mission of colleges and universities,” said Senator Manchin.
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