Story perspectives

SEC Chief Warns Lawsuits, Pushes Changes to Protect Act

7/30/2026

Summary

Story summary

SEC commissioner Greg Sankey sent a June 8 memo urging changes to the Protect College Sports Act.
He warned the bill’s private right of action could waive sovereign immunity, void arbitration waivers, and spur lawsuits.
He called for a national authority to set market-value standards and disclose athlete contracts.
He opposed Title II’s pooling language, saying it could end the Playoff, and criticized the ban on mergers for conferences earning over $1 billion.

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Story summary

SEC commissioner Greg Sankey sent a June 8 memo urging changes to the Protect College Sports Act.
He warned the bill’s private right of action could waive sovereign immunity, void arbitration waivers, and spur lawsuits.
He called for a national authority to set market-value standards and disclose athlete contracts.
He opposed Title II’s pooling language, saying it could end the Playoff, and criticized the ban on mergers for conferences earning over $1 billion.