The two most powerful conferences in college sports just pulled the rug on Congress

The two biggest conferences in college sports released a statement Tuesday saying they do not support the current version of a bipartisan bill designed to regulate an industry struggling for answers in a quickly changing era in which some players make millions.

The Southeastern and Big Ten conferences said the “bill leaves critical issues unresolved,” including not “meaningfully” preempting state laws with a federal one, which has long been considered a key element for a measure to get........

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