Senate halts action on NIL legislation as Cruz pushes for hard cap
Yahoo Sports • 1 min read • Latest: Jul 30, 2026, 10:45 PM
Last updated Jul 30, 2026
Senator Ted Cruz's proposed legislation to regulate college sports, including a new $48.8 million salary cap, remains unresolved as the Senate recesses. Cruz asserts the cap will eliminate third-party payments, but the Big Ten and Southeastern Conference are unconvinced and seek stronger language. Negotiations continue as the Senate prepares for a break, potentially delaying further action. The NCAA supports the bill, emphasizing its importance for protecting student-athletes and ensuring a level playing field.
- •Cruz insists the new cap would be a hard cap.
- •Big Ten and SEC express concerns over language in the bill.
- •Senate breaks without taking action on the legislation.
- •Bill includes a retention pool of up to $27.5 million.
- •NCAA President urges support for the bill amid time constraints.
- 10:45 PMYahoo Sports — In NIL stalemate, Cruz insists new $48M cap would be a hard cap. SEC, Big Ten not convinced
"One key difference between Senate negotiators and the conferences still holding out on proposed legislation to regulate college sports is whether language in the bill would truly create a “hard salary cap” that would eliminate many third-party payments that have sent roster costs skyrocketing. The Senate broke for the weekend late Thursday without taking action on the bill. It would be added to the $21.3 million salary cap already in place to make the new number $48.8 million.
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