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Cory A. Booker
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Mr. President, I came down here to talk about AI. But before I give those remarks, I cannot let the comments that were just made on the floor go unrebutted point by point. I have utter frustration. There are a few things in this bill that are worthy of trumpeting. But to be on this floor and say all of this, that this is about protecting athletes, I ask one simple question, Why isn't one athlete group in this country, not one of the groups that represents athletes, trumpeting the greatness of this bill? They all know this bill undermines their rights, undermines their collective bargaining, undermines their health and safety, creates an unequal playing field for them relative to the other money interests in this bill, including the coaches. I came down here to speak about AI, which I will do in a moment, but I need to get more into the specifics because it is outrageous to come down and talk about a bill being good for athletes when athletes themselves all over this country, every organization that represents them, condemn this bill. And it is not just the athletes; it is the parents of athletes that have died because of the NCAA and what they are doing. Kids that have died of heatstroke. Kids that have been crippled by injuries. Their parents collectively have written letters to this body: Don't let this bill pass. But let me get to specifics. One, this healthcare fund. There is in this bill this idea that even 5 years of healthcare after your playing years, and a fund set up of roughly $100 million. But you know that there are tens and tens--hundreds of thousands of college athletes, many of them have crippling injuries, a fund like that is inadequate for their healthcare needs. Put that relative to what professional sports do, and you will see that it is shortchanging athletes' well- being. On this idea, secondly, that this bill somehow enshrines NIL rights, this body did nothing for generations while name and likeness was being stolen from players. Players were being exploited. This body did nothing. But as soon as athletes start winning in court, their NIL rights-- suddenly Congress swoops in and is saying that we are saving their NIL rights? That is a lie. The reality is, they don't need Congress' beneficent actions to give them NIL rights. They have earned them in the courts. What this bill actually does is, it takes away rights for them to legally challenge anything that the cartel of the NCAA does. That is why the AAJ--the trial lawyers--are against this because it undermines their ability to win more court cases in the future. Other things that are not true being said--this outrageous claim that this is somehow protecting women's sports. Well, then why didn't they permanently enshrine protections of women's sports in Olympic sports? Why in section 125 do those protections expire, 4 or 9 years down the line? Why? You are giving permanent antitrust exemptions to one of the most notorious monopolistic cartel organizations that has actually hurt women athletes, and you are allowing the protections for Olympic sports and the protections for women athletes to expire. Make them permanent then, if you are caring about that. But you are giving permanent protections? Permanent antitrust exemptions? That is outrageous. This idea that you are protecting women's sports, to me it falls flat when you read section 125 of this bill. This bill talks about what it is doing for Black colleges. There is nothing more insulting to me, as someone who has fought for HBCUs. This bill--don't be fooled--doesn't put a dollar into HBCUs. It authorizes money. I have been in the Senate for 13 years. I have seen authorizations happen but no money go to those institutions. If this was real, that HBCUs were going to benefit, appropriate the money. Don't dangle out millions of dollars and say ``Get on board on this bill'' and then be left in a situation where folks aren't getting those resources. Let me say next, this transfer sensibility. That is the quote I heard. This brings transfer sensibility. Well, I will tell you this right now. If transfer sensibility is so important for players, why isn't there transfer sensibility for the coaches? How can you allow coaches to come in a year to a school, lure athletes to their teams, they have success based upon athletes' performance, and then they can go and get the next high-paying job? This is the extraordinary problem with this bill, that it has one standard for players and another standard for coaches. And this idea that this bill somehow prevents a race to the bottom. Well, you all know that there are about 15 coaches that have over-- almost a $250 million buyout provision. And I have heard on the floor now that somehow this is going to stop the race at the bottom. It doesn't do anything for private institutions. From Notre Dame to Stanford, it doesn't touch the race to the bottom there. It doesn't touch the race to the bottom for facilities. I was a college athlete. It doesn't stop schools from rolling out greater facilities. Where is the equality in this bill that is so-called helping college athletes where every college athlete organization is against it? Let me give you another example. This idea of disclosure requirements on athletes for their NIL deals and the like. Why aren't there disclosure requirements on coaches? This bill puts redtape between athletes and their opportunities to make money, but doesn't put the same redtape between coaches. Somehow, we need transparency with athletes, but it is not with coaches. Coaches don't have disclosure requirements. Why are you treating that elite class differently than you are treating athletes? That is not true. I can go on and on and on, and I will. I will come back to this floor. I will do interviews. I am going to make sure people know the facts about this bill. Because when this bill passes, and Donald Trump and Ted Cruz and others get what they want, athletes are going to be out of luck. And when 4 or 9 years pass and Olympic sports are being cut and women's sports are being cut, a lot of people in here are going to forget the shortcomings of this bill, but I will not, and nor will athletes. This bill is a threat to college sports. It is a threat to college athletes. That is why every major organization is against it. I have more details. I will come down here and read paragraphs of this bill. I will do everything possible to put on the Congressional Record why this is a betrayal of college athletes, their safety, and their well-being. And I am not saying there are not good things in this bill. I am not saying there are not things that have been incorporated that are important. But time and time again, it comes up short. A better deal for the universities. A better deal for the wealthy. A better deal for coaches. But athletes? They get the short end of this. And that is why folks are out here doing everything they can. Athletes' groups, civil rights groups, trial lawyers, so many are saying: This is wrong. We can do better. Why are we rushing to this bill when the No. 1 issue in America right now is rising costs? Rushing to this bill, 47 days before an election, makes no sense to me. Why college athletes have not been involved with this, or their organizations, makes no sense. I would like, in the record, that my now remarks on AI be separated from these reactionary remarks to the stuff that is being said that doesn't hold true with the text of the actual bill.