This is the proverbial “between the devil and the deep blue sea” circumstance faced by intercollegiate athletics. The courts see the athletes as independent contractors and thereby protected by antitrust laws. Any organization, NCAA or otherwise, attempting to restrict the athlete’s ability to fairly compete in the marketplace is subject to antitrust violations.That would take federal action. And so far, no federal body with requisite authority has shown any interest in acting.
The only thing I see remotely possible is the NCAA or a completely new governing entity seeking an antitrust exemption similar to MLB. And that, as you said, has to come from Congress.
If “necessity is the mother of invention, the desperation is certainly the father“. The NCAA knows it has lost control of the athletes. They can’t stop them from leaving and going elsewhere outside the portal window. This attempt is basically saying “leave a school any time you want. And you can enroll anywhere you want. But the school that takes you on to their roster will face heavy penalties in doing so.”
It’s a solid attempt. But how soon does it get challenged legally is the question.
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