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Saturday, May 20, 2023

(Re)Dividing the Athletic Revenue Pie - Part 2

Faithful blog readers will recall our posting in January about AB 252, a bill in the state assembly that would give student-athletes a share in the revenue they generate.* At present, thanks in part to the Supreme Court, student-athletes can cash in on their Name-Image-Likeness (NIL). But AB 252 would essentially convert them, at least those players in major revenue sports, into commissioned professionals. Obviously, such a shift would be a Big Deal for college athletics.

The bill - The College Athlete Protection Act - was amended this past Thursday and survived a critical hurdle, passing in the Appropriations Committee. It now goes to the full assembly and would have to pass by June 2 to move to the state senate.

References: https://www.mercurynews.com/2023/05/16/pac-12-economic-threat-new-california-legislation-attempts-to-redirect-operating-revenue-to-athletes/.

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*https://uclafacultyassociation.blogspot.com/2023/01/redividing-athletic-revenue-pie.htmlhttps://fastdemocracy.com/bill-search/ca/2023-2024/bills/CAB00028290/.

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