Governor’s New Law Grants SEC Giant Unprecedented Edge—What This Could Mean for the Industry Shocks Experts
Ross Dellenger of Yahoo Sports previously reported that Tennessee Gov. Bill Lee signed a bill on May 1 that could allow state schools and universities to defy new rules related to the House settlement. The six-page document also blocked college sports from punishing programs that violated those protocols.
The $2.8 billion House settlement would cap school spending and create a revenue-sharing system. Schools would be allowed to directly pay athletes for their NIL rights.
However, the power conferences moved swiftly to close any legal loopholes. Per Dellenger, SEC, Big Ten, Big 12, and ACC officials drafted a bill that prevents universities from using state laws to circumvent new rules.
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