PV-PRIDE
Well-Known Member
New details on the California bill that could change college sports forever
The next 48 hours could prove to be crucial for the future of college athletics.
footballscoop.com
The California State Assembly is in the process of debating and refining SB-1401, which would require the state's colleges and universities to share a portion of their revenue with football and basketball players.
Let's say USC football generates $50 million a year and spends $10 million on football scholarships. For the entire history of college athletics, USC has kept that remaining $40 million and spent it as it sees fit. If SB-1401 passes as it's currently written, $20 million that has funded Olympic sports and paid administrators' salaries would disappear from the budget and reappear in a fund for Trojans football players.