More California Crazy

[garddog]

Calif. bill proposes college sports revenue sharing

Proposed legislation in California calls for major money-generating college sports teams to create a fund that would pay players a share of their teams' annual revenue.

es.pn

They pass this and the BIG10 may be looking for 2 more teams.

 

[Irondawg]

Wow - but only the revenue generating ones? Time to get the accountants to work and keep building bigger and better

 

[garddog]

Yep, and you have to double the 50% to cover Title 9. Explain that math???

 

[dickiedawg]

Yep, and you have to double the 50% to cover Title 9. Explain that math???

You’re not doubling the 50 percent, you’re splitting it.

 

[DesertDawg]

Question is what happens to the money for players that transfer? Leave early for the draft? Drop down to a different division? This bill would have To address so many different scenarios based on the projected career path of so many different athletes.

 

[o_Hot Rock]

Why shouldn’t they get part of the money they generate? Coaches are getting millions without risking injury and some players end up crippled for life or worse.

It may turn people against the sport but then there will be no money generated. Problem solved.

 

[kb549]

Question is what happens to the money for players that transfer? Leave early for the draft? Drop down to a different division? This bill would have To address so many different scenarios based on the projected career path of so many different athletes.

There will be something buried in the bill where the money will be forfeited to a fund that helps the alphabet soup in some way. It’s California. But in reality, the forfeited money will find its way in the pockets of the lawmakers and their family/donors. Kenneth Stokes lost sleep last night trying to figure out how he can get some of that Cali cash.

 

[drumrcraig]

Half of the revenue is a terrible idea. Revenue to me is just what money comes in, not the actual profit generated. What if expenses are already more than half of the revenue. You are asking every sport to run in the red? Who is covering the difference? I’m afraid that this bill would bankrupt the departments of many schools. Can you imagine asking Southern Miss or Delta State or any of the SWAC schools to do this? They could never cover the bills to the players.

 

[goodknight]

Would be interesting to see how scholarship numbers (6 years) would impact NCAA limits. Considering the revenue generating sports (men‘s football/ basketball) cover the cost of most others and they can’t cut sports that proposal sounds like a poison pill for California schools. Would have to severely cut spending, recruiting, facility upgrades etc. if forced to set aside 50% of the revenue. I’d imagine the quality of the product would decline along with the revenue being generated.

 

[Uncle Ruckus]

Weird. Sounds familiar. Getting everyone’s money and redistributing it. Hmmm.

 

[jethreauxdawg]

The people watching on TV are the ones generating the revenue. I want my cut!

 

[Lucifer Morningstar]

The people watching on TV are the ones generating the revenue. I want my cut!

 

[Podgy]

I'm so glad my teams, State and the Saints, don't partake in any sort of revenue sharing scheme and that I don't live in a country that has a sort of revenue sharing/redistribution scheme such as a progressive system of taxation.

 

[The Knights Who Say "Ni!"]

You don’t want to own revenue bonds on DWS, VHS or almost any other stadiums if this passes nationwide. There won’t be enough left over to cover them. And you can kiss those title 9 sports goodbye except USM Women’s Volleyball.

 

[The Cooterpoot]

Pay for play is being heard by the courts, so it's coming in some form anyway. Kids will be employees and that's going to change a lot.

 

[Pilgrimdawg]

I keep hoping that they will fall off into the ocean.

 

[The Usual Suspect]

Guess what, without taxpayers the school does not exist. It is their revenue.

 

[8dog]

Pay for play is being heard by the courts, so it's coming in some form anyway. Kids will be employees and that's going to change a lot.

I’ve asked this before but how does making them employees really change anything for the game itself.

 

[johnson86-1]

Why shouldn’t they get part of the money they generate? Coaches are getting millions without risking injury and some players end up crippled for life or worse.

It may turn people against the sport but then there will be no money generated. Problem solved.

They are getting a big chunk of revenue. They are fairly compensated for minor league athletes with just scholarship, stipend, and room and board.
the money is largely generated by school loyalty, not the players.

 

[DerHntr]

Calif. bill proposes college sports revenue sharing

Proposed legislation in California calls for major money-generating college sports teams to create a fund that would pay players a share of their teams' annual revenue.

es.pn

They pass this and the BIG10 may be looking for 2 more teams.

Of course the California legislature has so little understanding of business that they make this a top line revenue sharing model. Taking half of the revenues would without doubt kill the smaller sports and women’s sports that football and basketball support. I’d be surprised if more than one or two California schools have an athletic department that is in the black. Take away half of football revs, and there will be none.