Heavy episodic drinking (HED) is related to an increase in negative consequences (Wechsler, Lee, Kuo, & Lee, 2000) including approximately 599,000 unintentional injuries and 1,825 deaths annually among college students (Hingson, Edwards, Heeren, & Rosenbloom, 2009). College athletes participate in greater alcohol consumption and experience more negative consequences than their nonathlete peers (Hildebrand, Johnson, & Bogle, 2001). Protective behavioral strategies (PBS) have played a significant role in reducing alcohol-related negative consequences within the college population (Martens et al., 2004). However, little is known about PBS use within specific at-risk populations such as athletes. This study aimed to identify the relationship between alcohol consumption, the use of protective behavioral strategies, and negative consequences among intercollegiate athletes. Results indicated that PBS partially mediated the relationship between alcohol consumption and negative consequences. Implications for intercollegiate athlete intervention and prevention programs are discussed as well as limitations of the study and directions for future research.