H.R. 2663: Restore College Sports Act

The bill, known as the "Restore College Sports Act," establishes a new governing body for college sports called the American Collegiate Sports Association (ACSA), which will replace the National Collegiate Athletic Association (NCAA). Below is a summary of the main components of the bill:

Establishment of ACSA

The ACSA will be responsible for overseeing and regulating college sports. It will consist of member institutions of higher education that participate in college sports under its governance.

Governance

• Commissioner: The ACSA will be led by a commissioner, who will be appointed by the President of the United States with the approval of the Senate.
• Term: The commissioner will serve a term of four years.

Member Institution Rules

All member institutions must adhere to specific rules set forth by the ACSA, which include:

• Revenue Distribution: All revenue related to a student athlete's name, image, and likeness (NIL) must be equally distributed among all student athletes at the institution.
• Transfer Rights: Student athletes will have the right to transfer freely between member institutions without facing penalties or restrictions.
• Geographic Athletic Conferences: Athletic conferences must consist of institutions located within the same time zone. This aims to reduce travel burdens and minimize academic disruptions for student athletes.
• Revenue Sharing from Athletic Programs: Revenue generated from events such as ticket sales, merchandise, and sponsorships must be shared equally among member institutions and their student athletes.
• Coaching Salaries: The maximum salary for coaches at member institutions will be limited to no more than ten times the institution's full cost of attendance for students.
• Broadcast Revenue Sharing: All income generated from broadcasting collegiate sports events must be evenly distributed among member institutions.

Enforcement Provisions

The bill amends an existing section of the Higher Education Act of 1965 to include a requirement that institutions must be members of the ACSA and comply with its outlined rules.

Relevant Companies

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