EP 134: Breaking News! California State: Athletes Could Cash in with Proposed Revenue-Sharing Bill.

by | Feb 22, 2023 | Profit Sharing Plan | 17 comments




California State Bill could usher in new economics in College Sports.

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The California state legislature is considering a bill that could have a major impact on college athletes in the state. The proposed bill, known as the Fair Pay to Play Act, would allow college athletes to receive compensation for the use of their name, image, and likeness. This would be a major shift in the way college sports are currently structured, as athletes are currently prohibited from earning money in any form from their athletic endeavors.

If the bill is passed, it would be the first of its kind in the United States. It would allow athletes to receive endorsement deals, sign autographs, and even receive payments for appearances. It would also allow athletes to hire agents and lawyers to negotiate contracts and other deals.

The bill has been met with both support and opposition. Supporters argue that athletes should be able to make money off of their hard work and talent, while opponents worry that it could lead to an uneven playing field and create a system where wealthy athletes have an unfair advantage.

The bill is currently being debated in the California state legislature, and it is unclear if it will pass. If it does pass, it could have a major impact on college sports in California and potentially across the country. It could create a new revenue stream for athletes, while also giving them more control over their own careers. It could also potentially lead to a system where athletes are compensated more fairly for their efforts.

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Only time will tell if the bill passes, but it is clear that it has the potential to make a major impact on college sports in California and beyond.

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17 Comments

  1. Charles M

    This would be one way to keep California schools in a single conference of their own – probably D3… or FCS at best…

  2. Bob Hulsey

    Texas Tech already pays all their scholarship athletes $25,000 /yr. They didn't need a board or government to TELL them they had to do this. If you depend on the government to force compliance, you make the players government employees which could have all types of unintended consequences. One thing I guarantee California will do is force the players to pay taxes because Cali is hurting for money. Why do you think UCLA couldn't leave fast enough?

  3. Moenvision

    Make revenue generating student athletes contracted conference employees with a revenue share from the media deals. No Title IX violations, no hassle with state schools/employment issues. Give them a CBA, require morals clauses and only allow transfers WITHIN the conference.

  4. Tony Wlaschin

    Tax payers need protection too! If all these kids are state employees does the tax payers have to pay for their health care? If there in college for 5 years are these kids vested in a state union?

  5. Rory Mcmanama

    Greg, remember how NIL came about?

    The state of California passed a law allowing it. That forced action at the national level.

    IYou should be pleased California is doing their charging ahead thing.

    It is probably the only way to get the slow moving, seldom agreeing presidents and chancellors to effect the federal action you are asking for.

  6. Observer46

    Good luck with Title IX. Just because football brings in the big money, women's sports still get their scholarships. And will demand and get any share of revenues.

    You are correct, more idiotic politicians.

    If you want them to be employees, that would be a huge disaster for lots of reasons. If athletes are employees, then they are effectively minor league teams associated with universities. Good luck with that.

  7. Lorenzo Haynes

    Now, maybe people could stop blaming Warren for destroying the Pac. Nobody has done more for destroying Pac 12 than the California government. I kinda agree with the union thing. But I'm not sure student athletes want to go down the employee route. They think they do. But, if they're full employees, schools aren't obligated to pay for scholarships, room, board, or travel. And if a school does provide that to an employee, they are not required by law to pay any compensation to that employee for using their image or likeness to promote their business. Boom goes NIL. But, the biggest problem noone wants to address us why California is really interested in ensuring students get paid. And why they'd want control of said pay. Let's see….. Why would a state that is losing in population want to ensure more higher revenue employees get paid? The answer is what it always is…….. Taxes. California sees another way to get control of new tax revenue and financial control of young people who couldn't possibly be responsible. Plus, they could in a round and about way tax institutions, and young people don't know any betters at the same time. Extra piece of gambling, video game, and any inherent revenue. Yeah, USC and UCLA saw this coming 200 miles away. California isn't doing things because they care. It's about greed, and they'll destroy the Pac and whoever else to get their money. Tax hungry government. The biggest mob in the history of the world.

  8. David AZ

    Completely agree that a unions are probably the way to go on this. If we come to salary caps, I’d really like to see a cap for players and coaches.

  9. Daniel Mountcastle

    UCLA has an operating budget of 5 billion dollars. They receive 200 million a year from the state because they're a public school. UCLA could give up the state money and declare itself a private school. It won't happen but it's possible.

  10. Daniel Mountcastle

    How can a state determine that an AD at a private school gets suspended, I don't see the legality.

  11. craig kirsch

    Any thing that comes out of crazy California politically socially or economically always ends in disaster. This won't pass nor should it.

  12. Gumby TooSexy

    So this is how Title IX dies, in the name of economic justice.

  13. Joe Zeay

    California has the highest tax rates 13.3%
    They will stop at nothing to reap more taxes however they can.

  14. rodney durrett

    All the California athletic departments are broke!! Where are they going to get the money?

  15. Joe Zeay

    Hit the LIKE button on the way in gang

  16. rodney durrett

    This will kill the pac.

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