Floor SpeechNeutral2026-09-24

Text of Senate Amendment 6835

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Context

On 2026-09-24, Senator Cory A. Booker (D-NJ) delivered a floor speech titled "Text Of Senate Amendment 6835" in the Senate.

Full Text

Text of Senate Amendment 6835

Congressional Record, Volume 172 Issue 152 (Thursday, September 24, 2026) [Congressional Record Volume 172, Number 152 (Thursday, September 24, 2026)] [Senate] [Page S5016] From the Congressional Record Online through the Government Publishing Office [ www.gpo.gov ] SA 6835. Mr. BOOKER (for himself and Mr. Murphy) submitted an amendment intended to be proposed to amendment SA 6776 proposed by Mr. Thune (for Mr. Cruz (for himself, Ms. Cantwell, Mr. Schmitt, and Mr. Coons)) to the bill S. 4668, to protect the name, image, and likeness rights of, and provide protections for, student athletes and to promote fair competition among intercollegiate athletics, and for other purposes; which was ordered to lie on the table; as follows: Insert after section 112 the following: SEC. 112A. TRANSFER PROTECTIONS FOR COACHES. Subject to the requirements and prohibitions regarding mid- season coaching transitions under section 110, an institution, a conference, an intercollegiate athletic association, or any representative of such entity shall permit a coach to transfer from one four-year institution to another four-year institution-- (1) once without losing or delaying eligibility to coach intercollegiate sports; (2) except as provided in paragraph (3), a second time with a loss of eligibility to coach intercollegiate sports during the first academic year following the transfer; and (3) additionally, without losing or delaying eligibility to coach intercollegiate sports, upon-- (A) discontinuation of a sport that the individual coaches; or (B) sexual assault or harassment of the coach by an individual associated with the institution from which the coach intends to transfer. Insert after section 114 the following: SEC. 114A. TREATMENT OF COMPENSATION FOR COACHES. (a) Endorsement Contracts.-- (1) Compensation requirement.--Any endorsement contract for a coach of a varsity sports team shall be invalid unless the contract is for a valid business purpose and is commensurate with compensation paid to individuals with a similar profile, reputation, or notability who are not coaches or prospective coaches. (2) Disclosure.--Each institution shall include in the disclosures required under section 104(a)(1) information on any endorsement contracts in force with respect to any coach of a varsity sports team at that institution. (b) Cap for Contract Buyouts and Termination Fees for Coaches.-- (1) In general.--Any contract buyout or termination fee payable to a coach of a varsity sports team may not exceed an amount equal to the greatest annual compensation paid to the coach under that contract, excluding bonuses. (2) Application.--Paragraph (1) shall apply to any contract for a coach of a varsity sports team entered into on or after the date of the enactment of this Act. (c) Salary Cap for Coaches.-- (1) In general.--Subject to paragraph (2), an institution may not provide compensation to a coach of a varsity sports team that exceeds $5,000,000 per year. (2) Application.--Paragraph (1) shall apply to any agreement related to compensation for a coach of a varsity sports team entered into on or after the date of the enactment of this Act. ____________________

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Text of Senate Amendment 6835 Congressional Record, Volume 172 Issue 152 (Thursday, September 24, 2026) [Congressional Record Volume 172, Number 152 (Thursday, September 24, 2026)] [Senate] [Page S5016] From the Congressional Record Online through the Government Publishing Office [ www.gpo.gov ] SA 6835. Mr. BOOKER (for himself and Mr. Murphy) submitted an amendment intended to be proposed to amendment SA 6776 proposed by Mr. Thune (for Mr. Cruz (for himself, Ms. Cantwell, Mr. Schmitt, and Mr. Coons)) to the bill S. 4668, to protect the name, image, and likeness rights of, and provide protections for, student athletes and to promote fair competition among intercollegiate athletics, and for other purposes; which was ordered to lie on the table; as follows: Insert after section 112 the following: SEC. 112A. TRANSFER PROTECTIONS FOR COACHES. Subject to the requirements and prohibitions regarding mid- season coaching transitions under section 110, an institution, a conference, an intercollegiate athletic association, or any representative of such entity shall permit a coach to transfer from one four-year institution to another four-year institution-- (1) once without losing or delaying eligibility to coach intercollegiate sports; (2) except as provided in paragraph (3), a second time with a loss of eligibility to coach intercollegiate sports during the first academic year following the transfer; and (3) additionally, without losing or delaying eligibility to coach intercollegiate sports, upon-- (A) discontinuation of a sport that the individual coaches; or (B) sexual assault or harassment of the coach by an individual associated with the institution from which the coach intends to transfer. Insert after section 114 the following: SEC. 114A. TREATMENT OF COMPENSATION FOR COACHES. (a) Endorsement Contracts.-- (1) Compensation requirement.--Any endorsement contract for a coach of a varsity sports team shall be invalid unless the contract is for a valid business purpose and is commensurate with compensation paid to individuals with a similar profile, reputation, or notability who are not coaches or prospective coaches. (2) Disclosure.--Each institution shall include in the disclosures required under section 104(a)(1) information on any endorsement contracts in force with respect to any coach of a varsity sports team at that institution. (b) Cap for Contract Buyouts and Termination Fees for Coaches.-- (1) In general.--Any contract buyout or termination fee payable to a coach of a varsity sports team may not exceed an amount equal to the greatest annual compensation paid to the coach under that contract, excluding bonuses. (2) Application.--Paragraph (1) shall apply to any contract for a coach of a varsity sports team entered into on or after the date of the enactment of this Act. (c) Salary Cap for Coaches.-- (1) In general.--Subject to paragraph (2), an institution may not provide compensation to a coach of a varsity sports team that exceeds $5,000,000 per year. (2) Application.--Paragraph (1) shall apply to any agreement related to compensation for a coach of a varsity sports team entered into on or after the date of the enactment of this Act. ____________________