Sen. Cantwell highlights NCAA financial issues during sports act debate
Yahoo Sports • 1 min read • Latest: Sep 15, 2026, 8:44 PM
Last updated Sep 15, 2026

Sen. Maria Cantwell (D-Wash.) addressed financial challenges facing NCAA athletics during the debate over the Protect College Sports Act on September 15, 2026. Citing a Government Accountability Office report, she noted that 94% of NCAA Division I programs operated at a loss in the 2023-24 academic year, resulting in campus deficits. The act seeks to double the revenue-sharing agreement to approximately $44-45 million per athletics department and provide additional funds for women's and Olympic sports. While the bill has bipartisan support, it faces opposition from some current NCAA student-athletes and concerns about athlete representation.
- •Cantwell highlights a 300% increase in recruiting costs since 2005.
- •94% of Division I programs now spend more than they earn.
- •The Protect College Sports Act aims to increase revenue-sharing agreements significantly.
- •Some student-athletes oppose the bill due to lack of independent representation.
- •14 out of 53 Power Four athletic departments reported sufficient revenue to cover expenses.
- 8:44 PMYahoo Sports — Sen. Cantwell reveals difficult NCAA financial picture as College Sports Act is debated
"Sen. Maria Cantwell (D-Wash.) revealed financial information about athletics department finances during debate over the Save College Sports Act.
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