CA started this NIL BS. Now they want more

Democrats are communist. Communists do Communist things.

I'd be fine if they paid the US 100 billion a year to be their own country and keep their nonsense to themselves.

quote:

---

revenue-sharing

---

What revenue? I doubt there is a profitable athletic department in the whole state.

Ya I figured something like this would be the beginning of the end of NIL the way it’s been done thus far. It’ll go back to under the table pay to play once stuff like this passes.

quote:

---

it would create a revenue-sharing arrangement between athletic departments at California universities and the athletes in their money-making sports.

---

This is how it should have been from the start. Way better than NIL and easily regulated.

They don't think. It's all emotion. Typical Liberal BS, make a law and when it does not work, more big government. In the process, it cost more tax dollars and shrinks the economy.

I chuckle that they throw a race and gender equity name on the bill. I would guesstimate that 70% of the personnel receiving NIL deals in California are black males

quote:

---

Senate Bill 1401, the “College Athlete Race and Gender Equity Act,” passed the Judiciary committee on Tuesday and is headed to Appropriations. As law, it would create a revenue-sharing arrangement between athletic departments at California universities and the athletes in their money-making sports.

---

Your post does not specify how the athletic departments will share the revenue with athletes in their money-making sports.

Depending on how they share the revenue, it sounds great.

quote:

---

What in hell are they thinking ?

---

Sounds like they were thinking about free market economies.

Amateurism in Power 5 football is a myth and has been for decades. Schools and entities that profit from college football have received billions of dollars in windfalls due to the legacy of amateurism. Schools have merely had to provide tuition, room, board, perks, etc. typically at or around marginal cost.

How much would players receive in compensation above and beyond tuition, room, board, perks, etc. if there were no regulations preventing them from receiving that compensation?

College football generates more than $4 billion in annual revenue for the 65 universities making up the Power 5. Most of the major professional sports share revenue between teams and players. Typically it's right around 50%-50%.

How many Power 5 schools are paying their players an aggregate of $30 million? ($2 billion / 65)

As a firm believer in free markets, I believe the players should receive what the market would bear if there were no regulations preventing them from receiving that compensation.

Why should government and quasi-government regulations prohibit players from earning market compensation?

quote:

---

What in hell are they thinking

---

Everyone knew it would be a matter of time before the push for NIL to be shared with Title IV sports.