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SEC Chancellor Meets Cruz, Cantwell on NIL Limits

6/11/2026

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SEC Chancellor Meets
  • On June 9, SEC Chancellor Donde Plowman met with Senators Ted Cruz (R-Texas) and Maria Cantwell (D-Washington) and said the SEC will cooperate and seeks framework, litigation safeguards and revenue-sharing alignment.
  • The Act would limit transfers to one, cap NIL earnings, and bar leagues with $1 billion revenue, with a June 3 Senate hearing featuring coach Nick Saban, officials Pete Bevacqua and Teresa Gould.
  • A roundtable will include Memphis coach Charles Huff.
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