College sports sees pivotal moment as Senate looks to move legislation on NIL, transfers across goal line

Senate stepping in to regulate college sports The Senate is actively preparing to debate a bipartisan bill that could significantly alter the landscape of intercollegiate sports. Lawmakers aim to create national standards for Name, Image, and Likeness (NIL) money and curb roster chaos from transfers. Senators Cruz, Cantwell, Baldwin, and Booker discuss the necessity of … Read more

Nick Saban testifies in support of bill to regulate NIL rules: “It’s become an arms race”

Nick Saban testifies in support of bill to regulate NIL rules: “It’s become an arms race” – CBS News Watch CBS News Retired Alabama football coach Nick Saban testified on Capitol Hill on Wednesday in support of legislation to regulate the NCAA’s name, image and likeness rules. Kelly O’Grady reports. Source link

From NIL deals to retirement at 35: JPMorgan aims to help athletes avoid bad money habits

NEW YORK — JPMorgan Chase said Wednesday that it will start building wealth advising services that help athletes who come into money as a result of their talents make that money work for them a long time. The initiative is not aimed just at ultrawealthy athletes of legend. The initiative is aimed at athletes across … Read more