Doesn't mean it's always a good thing, though...
Definitely not. But this isn't something to just scoff at and think no way this will ever happen to my state, either.
Yeah, that's what I was thinking. Not only will they recruit the dregs of the coaching world but maintenance and safety budgets will go in the toilet.
I've got friends who went to USC and they're shaking their heads at some of the crazy stuff going on at the administrative level. Here is a great university that has every advantage but one of the biggest issues holding it back from being THE raging monster in academia and athletics is it's stuck with California politics and regulations. I can't imagine what USC would be like if LA was located in Texas or Florida.
it probably wouldn't be SC then.. the major pitch for SC is that they have always made sure to put football over the other sports.. and it's in LA. UCLA isn't really putting up a fight, yes they have gone out and paid Chip to turn them around, but they aren't fully behind him at all
Yeah. Only ~40% of FBS teams truly operate in the black. Of the CA schools I imagine not all of them do. This would effectively bankrupt those programs
Sounds like the powers that be are jealous and want schools to redirect a lot of the money they are paying coaches to paying players.
Probably. But that's like saying we don't have enough trouble as it is so let's compound the problem with more unwise spending. Sounds like Washington, D.C. doesn't it?
most probably dont but programs like Stanford, Baylor, South Carolina, tennessee, UCONN, Oregon, miss st, Oklahoma probably do
So the women get $200 each and a Starbucks gift card at those schools.
couldnt find anything in article about money coming and going to specific sports. meaning it doesnt specify that football revenue only goes to football players and so on.
WTF -- 50% of revenue?
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.
The Trojans, who are entering their first season under head coach Lincoln Riley in 2022, have already found themselves mired it at least one accusation of tampering related to NIL and the transfer portal. ESPN broke a report in late April that Pitt receiver and reigning Biletnikoff winner Jordan Addison was mulling a transfer due to superior NIL opportunities elsewhere, with USC reportedly a contender.
California is such an ass backwards state. 50% of revenue.
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.
The Trojans, who are entering their first season under head coach Lincoln Riley in 2022, have already found themselves mired it at least one accusation of tampering related to NIL and the transfer portal. ESPN broke a report in late April that Pitt receiver and reigning Biletnikoff winner Jordan Addison was mulling a transfer due to superior NIL opportunities elsewhere, with USC reportedly a contender.
Unless California schools start charging the athletes to use the weight rooms, the training room, the tutors, the stadiums, the coaching, the airfare, the hotel, the food, etc. the list goes on and on -- to recoup the endless list of expenses related to each sport -- they will definitely have to cut down on staff and cut corners elsewhere to make up the ridiculous amount of money they will be paying these kids.
