What happened: Senators Cory Booker and Chris Murphy have filed an amendment to the Protect College Sports Act aimed at capping college coaching salaries at $5 million per year. Yahoo Sports obtained a copy of the legislation.

Why it matters: The legislative push attempts to regulate ballooning athletic department budgets amid sweeping changes to the sport. Reporter Josina Anderson noted the move addresses primary concerns over 'reckless spending' in the industry.

What to watch: The amendment will be debated alongside the broader Protect College Sports Act.