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TideSaint
Alabama Fan
Hill Country
Member since Sep 2008
68210 posts

Proposed CA bill would force schools to split football, basketball revenue with athletes

247 Sports

quote:

California state legislators proposed a bill that would require schools in the state to split 50% of its athletic revenue in football and both men's and women's basketball with the athletes, according to The Los Angeles Times. Senate Bill 1401, titled as the “College Athlete Race and Gender Equity Act," was passed through the California Senate education and judiciary committees and now sits with the appropriations committee, who are set to make the call Thursday on whether or not the bill will reach the Senate floor in Sacramento, per The Times.

The Times reports that California schools, if the bill becomes law, would create a degree completion fund for each athlete, with money from the fund made available soon after they complete their degrees. Athletes would forfeit the fund if they do not complete their degree within six years. Players would have immediate access to no more than $25,000 each year, while the rest of their funds would build over time before they receive that additional money.

In regards to how the bill accounts for transfers — which there have been many in the era of NIL and the one-time transfer rule — the bill states if an athlete transfers to another California institution, the degree completion fund will carry over to the new school, per The Times. Out of state transfers from California schools, however, will forfeit their share of the fund. It is not clear what parameters would be in place for those who transfer into California institutions from out-of-state schools.

USC football would in theory be the biggest benefactor should the bill become law. The Times reports USC football players could make upwards of $200,000 a year given the revenue generated by USC Athletics. A four-year Trojans football player could thus make $800,000 during their USC career via revenue sharing alone, and that's before even factoring lucrative NIL deals that could come with playing in the heart of Los Angeles.


California schools can kiss baseball, softball, gymnastics, etc. goodbye under this proposal.

How can legislators be this fricking stupid? Where do they think other sports obtain their funding?
This post was edited on 5/18 at 12:34 pm


teke184
LSU Fan
Zachary, LA
Member since Jan 2007
75670 posts

If this happens, Title IX funding of non-revenue sports goes bye-bye.


David, Larry David
LSU Fan
Baton Rouge
Member since Dec 2011
1863 posts

50% of REVENUE means a lot would have to change in terms of athletic department budget.

And the softball team will be starting a gofundme to travel to play regular season games lol
This post was edited on 5/18 at 12:43 pm


KosmoCramer
Ohio State Fan
Member since Dec 2007
72747 posts
 Online 

Does the money get split with all athletes regardless of sport, or does the football money get split among football players, men's basketball with men's basketball players, and women's basketball with women's basketball players?


TideSaint
Alabama Fan
Hill Country
Member since Sep 2008
68210 posts

Update:

Think NIL blew up college sports? California is going for the knockout with new bill

quote:

Well, in SB 1401, much of the compensation still would be related to academics. The bill states a noble goal of improving graduation rates for Black athletes in football and men’s and women’s basketball — the only three sports where players currently don’t receive more than 50% of revenues back purely through their scholarships.


quote:

There’s a compelling argument that the amateur model — particularly in the last two decades as television revenues have exploded — has led to a displacement of what could have been generational wealth for young Black athletes and their families.


quote:

The bill has already been amended. The original asked for Title IX protections and mechanisms in place to curb the cutting of non-revenue sports, but those parts have been removed to fully focus on revenue sharing.


So basically this bill states sports that aren't dominated by Black athletes aren't worth saving.

Unbelievable.
This post was edited on 5/18 at 12:44 pm


ProjectP2294
Penn Fan
South St. Louis city
Member since May 2007
62122 posts

Why does it seem like the goal isn't to actually help anyone, but instead to destroy sports in general?


WaterLink
LSU Fan
Baton Rouge
Member since Sep 2015
9224 posts

quote:

The Times reports that California schools, if the bill becomes law, would create a degree completion fund for each athlete, with money from the fund made available soon after they complete their degrees. Athletes would forfeit the fund if they do not complete their degree within six years. Players would have immediate access to no more than $25,000 each year, while the rest of their funds would build over time before they receive that additional money.


So if they don't get their degrees would they have to pay the $25,000 per year they got immediately back?
This post was edited on 5/18 at 12:49 pm


CocomoLSU
Penn State Fan
Inside your dome.
Member since Feb 2004
144079 posts
 Online 

quote:

USC football would in theory be the biggest benefactor should the bill become law. The Times reports USC football players could make upwards of $200,000 a year given the revenue generated by USC Athletics. A four-year Trojans football player could thus make $800,000 during their USC career via revenue sharing alone, and that's before even factoring lucrative NIL deals that could come with playing in the heart of Los Angeles.

What the frick does this even mean? Are they honestly saying that "football players" (meaning all of them??) could make $200K a year for four years? Just how much money do they think college programs make?


chalmetteowl
LSU Fan
Member since Jan 2008
40263 posts
 Online 

quote:

Just how much money do they think college programs make?


In the power 5, more than enough. Blame the conference networks
This post was edited on 5/18 at 1:07 pm


CocomoLSU
Penn State Fan
Inside your dome.
Member since Feb 2004
144079 posts
 Online 

quote:

In the power 5, more than enough

More than enough to pay the entire football team hundreds of thousands of dollars a year? And still pay for everything that comes out of the football budgets?

No fricking way.

In better news though, the women's volleyball team bikini carwashes to raise money for road games should be cool.


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Adam Banks
LSU Fan
District 5
Member since Sep 2009
26119 posts

The left is trying to destroy everything that rural southern conservatives love.


shel311
Nicholls St. Fan
McKinney, Texas
Member since Aug 2004
93734 posts

quote:

50% of REVENUE means a lot would have to change in terms of athletic department budget.

You're certainly correct and I don't agree with this bill, but I think we'd be surprised at how quickly these schools can start trimming the fat with some of their outrageous expenses to make it work. That's probably more so for bigger schools, less so for the smaller schools.

Obviously, if this is only in CA and they're competing across the nation, they're screwed. But if it were a level playing field, you could, for example, cut into a chunk of expenses just by not giving out absurd coach contracts and eventually having a couple of coaches you fired that are still on the payroll 4 years later.


shel311
Nicholls St. Fan
McKinney, Texas
Member since Aug 2004
93734 posts

quote:

Does the money get split with all athletes regardless of sport, or does the football money get split among football players, men's basketball with men's basketball players, and women's basketball with women's basketball players?

It all goes to the US Women's National Soccer team.


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111
Stevo
LSU Fan
Baton Rouge
Member since Sep 2004
10268 posts

quote:

If this happens, Title IX funding of non-revenue sports goes bye-bye.


I don't think that you understand how Title IX works.


LSU-MNCBABY
USA Fan
Knightsgate
Member since Jan 2004
23282 posts

The stereotypical liberal ideas that sound great without thinking it completely through

There will be no women’s sports, they think women’s basketball makes money?


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211
Madking
LSU Fan
Member since Apr 2016
35191 posts

Called it


Tigerfan56
LSU Fan
Member since May 2010
10073 posts

quote:

So basically this bill states sports that aren't dominated by Black athletes aren't worth saving.


Or, if we take off the “whites are being persecuted” tin foil hats it could more reasonably read:

Sports where the athletes generate significant amounts of money.

You literally bolded it in your post

quote:

the only three sports where players currently don’t receive more than 50% of revenues back purely through their scholarships.
This post was edited on 5/18 at 1:58 pm


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59
lsuhunt555
Navy Fan
Teakwood Village Breh
Member since Nov 2008
37248 posts

quote:

How can legislators be this fricking stupid?

You serious?


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fightingtiger62
LSU Fan
Baton Rouge, La.
Member since May 2016
17 posts

Didn't California start the NIL crap?


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AUCE05
Auburn Fan
Member since Dec 2009
39668 posts

I don't agree with the black angle here. But there is an issue with an organization using legal adults to make millions off their labor then use laws to keep all the profit. The NCAA and schools should have got ahead of this decades ago.


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