Amending the Sports Broadcasting Act

Section 1 of the Sports Broadcasting Act of 1961 (15 U.S.C. 1291) is amended by adding at the end the following: In addition, such laws shall not apply to a joint agreement by or among institutions engaged in or conducting intercollegiate athletics, by which any intercollegiate athletic association sells or otherwise transfers all or any part of the rights of such intercollegiate athletic association’s member institutions in the sponsored telecasting of the intercollegiate athletic competitions engaged in or conducted by such institutions. In this section, the term intercollegiate athletic association means an association that includes, as of the date on which such joint agreement is entered into, more than 136 member institutions..