The University of Southern California Trojans spent a decade steeped in mediocrity after Head Coach Pete Carroll left the school to coach the Seattle Seahawks in 2010. Then it spent $45 million to lure Lincoln Riley away from the University of Oklahoma last winter, and boom: an 11-win season, a Heisman Trophy winner , and a trip to the Cotton Bowl.But even with USC’s impending move to the Big Ten, that success will be extremely short-lived if California Assemblyman Chris Holden gets his way.
Under Holden’s bill, all Division I schools would be forced to pay all of their scholarship athletes their “fair market value.” What is each athlete’s fair market value, you ask? According to Holden, each student athlete is worth an equal share of half their team’s annual revenue, minus the cost of their scholarships.
Using real numbers from UCLA, Sports Illustrated estimates that in 2019, if Holden’s legislation had been law, UCLA men’s basketball players would have gotten $389,000 each, football players $185,000 each, women’s gymnastics $5,500, women’s volleyball $871. And no one else would have gotten anything — not even women’s basketball, which did not earn revenues high enough to trigger payments under the legislation.Oh, but it gets even better. College athletics are not like for-profit businesses.
conncarroll I’d love to see this happen not just in Cali but in all PAC 12 states.
conncarroll Electionshaveconsequences
conncarroll Well, there hasn’t been competitive college football in California in many years, so I can understand…
conncarroll Obviously has no clue about the revenue it brings in!
conncarroll This was predictable.
conncarroll Well the Pac12 sucks, so there's that.
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