WASHINGTON, July 31 -- Sen. Eric Schmitt issued the following press release:

Today, U.S. Senator Eric Schmitt (R-MO) issued the following statement after working with Senators Ted Cruz (R-TX) and Maria Cantwell (D-WA) to secure the support of the SEC and Big Ten on Friday evening for the Protect College Sports Act. Their support comes after weeks of negotiations between the senators and the major conferences.

"College sports are in complete chaos due to unlimited transfers, a lack of eligibility rules, and an unsustainable arms race that will mean fewer teams, scholarships, and opportunities for athletes. Over the past several months, and throughout this Congress, we've worked extensively with athletes, coaches, and conferences to draft ...