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Story summary
- The U.S. Senate is set to approve the Protect College Sports Act with 70 votes.
- The bill grants the NCAA a limited antitrust exemption to set eligibility and transfer rules.
- It lifts the revenue-sharing cap to about $50 million per school.
- Schools may draw $22.5 million from a retention fund and $5 million for women’s/Olympic sports.
- Opponents including Senators Cory Booker, Chris Murphy and the NAACP warn the bill erodes athletes’ rights.
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