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Ted Cruz: “The vast majority of schools right now are losing millions…”

Featuring: Ted Cruz, Republican | U.S. Senate, Texas

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Saving College Sports—Landmark New Legislation that's a Massive Win for Athletes, Colleges & Fans

Published | Video Starts at 15:05

And this bill that we drafted does that. But. But the system is broken. What is happening is there's a bidding war where The vast majority of schools right now are losing millions and in some cases tens of millions of dollars on sports. And it's why they're canceling all the other programs, because they're just pouring money into football, trying to stay competitive. (15:05–15:12)

CLAIM

Asserts that most schools are financially losing millions due to sports programs.

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PolitiQuote is a civic library index to statements made by politicians in publicly available video records. The index is created automatically from transcripts, with no editorial oversight or analysis. Highlighted quotes are selected by AI. Words may be added in parentheses to offer context for the quote. There may be errors in the transcription and display, so listen to the video to ensure accuracy.

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