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Press Release: Senators Schmitt and Cantwell Introduce Bipartisan Bill to Address Challenges in College Sports

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Senators Schmitt and Cantwell unveil a bipartisan bill aimed at addressing revenue challenges in college sports.

Quiver AI Summary

Senators Schmitt and Cantwell introduce bipartisan legislation: U.S. Senators Eric Schmitt and Maria Cantwell unveiled the draft of the College Sports Competitiveness Act aimed at addressing revenue issues in college sports. The bill proposes a new antitrust exemption for colleges to collectively sell media rights, potentially increasing revenue and supporting women's and Olympic sports programs.

Senator Schmitt emphasizes urgency: Schmitt noted that the current financial pressures threaten the future of college sports, stating, "If we don’t address the revenue problem, college sports... will slowly disappear." Both senators express hope for broad support and collaboration to finalize a solution that benefits various athletic programs.

Key components of the bill: The act aims to unlock collective media deals, ensure equitable revenue distribution, protect women's and Olympic sports, and create a board for oversight. It addresses financial disparities in college athletics and aims to provide sustainable funding for a diverse range of sports programs.

Disclaimer: This is an AI-generated summary of a press release. The model used to summarize this release may make mistakes. See the full release here.

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Eric Schmitt Fundraising

Eric Schmitt Fundraising

Eric Schmitt recently disclosed $490.6K of fundraising in a Q4 FEC disclosure filed on January 30th, 2026. This was the 172nd most from all Q4 reports we have seen this year. 91.1% came from individual donors.

Schmitt disclosed $555.8K of spending. This was the 110th most from all Q4 reports we have seen from politicians so far this year.

Schmitt disclosed $1.3M of cash on hand at the end of the filing period. This was the 314th most from all Q4 reports we have seen this year.

You can see the disclosure here, or track Eric Schmitt's fundraising on Quiver Quantitative.

Eric Schmitt Net Worth

Quiver Quantitative estimates that Eric Schmitt is worth $1.0M, as of March 7th, 2026. This is the 329th highest net worth in Congress, per our live estimates.

Schmitt has approximately $666.7K invested in publicly traded assets which Quiver is able to track live.

You can track Eric Schmitt's net worth on Quiver Quantitative's politician page for Schmitt.

Eric Schmitt Bill Proposals

Here are some bills which have recently been proposed by Eric Schmitt:

  • S.3979: A bill to provide expanded cooperation by the National Aeronautics and Space Administration and the National Oceanic and Atmospheric Administration with Taiwan, and for other purposes.
  • S.3790: Protect America Act
  • S.3674: SCAM Act
  • S.3601: Veterans in Campus Safety Act
  • S.3574: Ending Chinese Lawfare Act
  • S.3093: DETECT Nitazenes Act of 2025

You can track bills proposed by Eric Schmitt on Quiver Quantitative's politician page for Schmitt.

2028 Missouri US Senate Election

There has been approximately $40,174,018 of spending in Missouri US Senate elections over the last two years, per our estimates.

Approximately $8,580,091 of this has been from outside spending by PACs and Super PACs. Some of the groups who are spending money in this race include:

You can track this election on our matchup page for the 2028 Missouri US Senate election.

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