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re: California law will blow up the NIL
Posted on 5/18/22 at 1:15 pm to Loganville Vols
Posted on 5/18/22 at 1:15 pm to Loganville Vols
I don't see the bill passing, it's already been amended once and will likely be amended again.
I do like the stipulation that ties the funds to degree completion. An athlete receives hypothetically $25,000/yr with his remaining distribution going into a fund that will be disbursed after his degree is completed. IF he transfers in-state then the fund follows him and the new school administers it. If he transfers OOS the entire fund is forfeited.
That's definitely and incentive to keep the talent in-state and it forces that talent to obtain an actual degree to get the majority of the $$.
I do like the stipulation that ties the funds to degree completion. An athlete receives hypothetically $25,000/yr with his remaining distribution going into a fund that will be disbursed after his degree is completed. IF he transfers in-state then the fund follows him and the new school administers it. If he transfers OOS the entire fund is forfeited.
That's definitely and incentive to keep the talent in-state and it forces that talent to obtain an actual degree to get the majority of the $$.
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Posted on 5/18/22 at 1:16 pm to Loganville Vols
Actually it will kill the majority of non revenue sports and the massive money Football for example gives to the institution for other programs.
You can say goodbye to most sports except for Football, Basketball and in some cases baseball and potentially womens basketball.
You can say goodbye to Track, Softball, Swimming, Soccer, etc etc.
Schools will not have the money to fund those sports.
Yet again California going full retard.
You can say goodbye to most sports except for Football, Basketball and in some cases baseball and potentially womens basketball.
You can say goodbye to Track, Softball, Swimming, Soccer, etc etc.
Schools will not have the money to fund those sports.
Yet again California going full retard.
Posted on 5/18/22 at 1:18 pm to Zgeo
quote:Agree. And the Pac12 will begin new TV contract negotiations next year which will make school administrators lobby even harder to kick this bill to the curb.
Bill will die in committee. The ADs will lobby it away…the schools have billions into developing their programs and next years athlete would need to compensate the program for program development cost …
Posted on 5/18/22 at 1:20 pm to LSUHobNailBoot
quote:The very sports that Cali funnels athletes to US Olympic teams.
Actually it will kill the majority of non revenue sports and the massive money Football for example gives to the institution for other programs.
You can say goodbye to most sports except for Football, Basketball and in some cases baseball and potentially womens basketball.
You can say goodbye to Track, Softball, Swimming, Soccer, etc etc.
Schools will not have the money to fund those sports.
Yet again California going full retard.
Posted on 5/18/22 at 1:21 pm to deeprig9
quote:
I was at the Loganville American Legion Post last night for an event. The flag was at half mast. Any idea what that was about?
Honoring “Covid deaths”
Posted on 5/18/22 at 1:25 pm to ThaiTiger24
quote:
This is why we need for Congress to act to make a uniform law which applies to all states - otherwise you get shite like this.
I disagree. I’ll take my local/state government over the federal government any day.
This post was edited on 5/18/22 at 1:26 pm
Posted on 5/18/22 at 1:46 pm to TideSaint
quote:
Read the entire article.
Can't, and i'm not subscribing to that trash.
Posted on 5/18/22 at 1:48 pm to Loganville Vols
This bill will only hurt California schools, so I'm fine with it.
Posted on 5/18/22 at 1:59 pm to Loganville Vols
They not gonna blow up NIL, they gonna blow up college athletics. This will be the death of many schools athletic programs and especially California teams. If this law schools on California will have problems trying schedule teams outside of California. No way a student athlete should get 50% profit sharing. I believe these kids should get something but not 50%.
Posted on 5/18/22 at 2:10 pm to Loganville Vols
quote:
The bill establishes a “pay for play” model but stops at designating athletes as employees, stating, “This does not establish evidence of an employment relationship between a student athlete and their institution of higher education.”
So let me get this straight. They wanna be paid for there service’s but don’t wanna be considered employees? This is such a crock of shite. Where can I sing up and get thousands of dollars and don’t have to pay taxes on it or not be considered an employee?
Posted on 5/18/22 at 2:12 pm to hookem2522
quote:
POTATUS ?
Biden. Some say POTUS, some say POTATUS.
Posted on 5/18/22 at 2:15 pm to 3down10
what’s the AT? I think i’m going to like it, but what does it stand for?
Posted on 5/18/22 at 2:16 pm to hookem2522
quote:
what’s the AT? I think i’m going to like it, but what does it stand for?
Nothing I guess, it's just a play on the way people say "POTUS" rather than "President of the United States" is my guess.
It was my first time seeing it, I love it.
Posted on 5/18/22 at 2:43 pm to Loganville Vols
Do they play many sports in California? Never really hear much from out there.
Posted on 5/18/22 at 2:45 pm to Knowshon5Dolla
quote:
Sorry but...you were on a boat?
Sorry, I meant half staff. But yes I do boat often. I'm what you'd call a "boater" because of the boating I do, and things of that nature.
Posted on 5/18/22 at 2:47 pm to RTRinTampa
quote:
1,000,000 COVIDs deaths, seriously. The POTATUS ordered it.
Well that's ridiculous. What would happen if the Loganville American Legion post decided to ignore that?
Posted on 5/18/22 at 2:58 pm to Loganville Vols
Does California college even make any $$$ on sports? Most athletic departments run in the red
Posted on 5/18/22 at 4:27 pm to Faurot fodder
quote:
So this bill would give 50% of profits from the revenue-generating sports to the athletes of those sports?
When a bill looks more like a divorce decree than a proposed law, we might be doing something wrong.
Cost accounting procedures will ensure that profits, if claimed at all, will always be understated.
We should be pretty skeptical of any college sports program alleging they make a true, unsubsidized-in-any-way-whatsoever profit.
Posted on 5/18/22 at 4:28 pm to AubieinNC2009
quote:
Does California college even make any $$$ on sports? Most athletic departments run in the red
I would bet that virtually all do. The magic is in what expenses are paid from other entities, effectively shuffling them off-books.
None of this is as profitable as it looks.
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