Ted Cruz: “If we don't act within five years there will be 30 to 50…”

“Millions and even tens of millions of dollars that they're losing. And as a result, every week you see another program cancel women's sports, cancel track and field, cancel Olympic sports. And I think If we don't act within five years there will be 30 to 50 competitive college football programs. and all the rest go belly up. And that would be a travesty It'd be like a mini NFL.” (07:59–08:07)

This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.