Bipartisan college sports bill with salary cap for players, antitrust protection set to be introduced in days

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The bill is finally coming.

After years of dead ends, a bipartisan bill on college sports from Sens. Ted Cruz, R-Texas, and ranking member Maria Cantwell, D-Wash., is expected to be introduced within days, sources familiar with the legislation told CBS Sports on Tuesday night. Language for the bill is being finalized and is now moving through the standard pre-introduction process.

The bill is expected to carry the prize college sports leaders have chased for the better part of a decade: a limited antitrust exemption regarding player eligibility and transfer rules — the legal shield that would let the industry write its own rules and enforce them without being challenged in the court system by players seeking additional years on the playing fields and courts.

Read more from CBS News.

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