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$48.8 million cap

Coverage of $48.8 million cap in the Nexus archive.

Earliest in view: Jul 30 · 22:53 UTCMost recent: Jul 30 · 22:53 UTC
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  • POLITICSJul 30 · 22:53 UTCAP NEWS
    In NIL stalemate, Cruz insists new $48M cap would be a hard cap. SEC, Big Ten not convinced

    Sen. Ted Cruz asserts the Protect College Sports Act includes a hard $48.8 million cap to limit third-party NIL payments, but the SEC and Big Ten conferences remain unconvinced. The bill combines a $21.3 million salary cap with a $27.5 million retention pool, though negotiations stalled as the Senate recessed. Key disputes involve defining 'open market' deals and concerns over conflicting with existing revenue-sharing settlements.

$48.8 million cap · Dossier · The Nexus