Sen. Ted Cruz emphasized the urgency for legislative action, stating, "College sports is in crisis right now. If Congress doesn't act, we risk seeing devastation.".
With a Republican majority now in control, bipartisan efforts are being made to draft a law that would enable the NCAA to regulate the market for college athletes.
The NCAA faces significant legal challenges due to antitrust lawsuits from athletes, leading them to seek congressional intervention to regain regulatory control over college sports.
Sen. John Thune, poised to introduce a bill on athlete compensation, signifies a shift in legislative focus towards addressing the changing landscape of college athletics.
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