The advent of the college sports revenue-sharing bill has Olympic and women’s sports advocates concerned about the future of their programs in California.
Assembly Bill 252, introduced by Rep. Chris Holden (D-Pasadena), would require every Division 1 school in California to establish a “degree completion fund” as a contribution to their fully-scholarized athletes. A way of paying “fair market value”. The bill defines value as half of a team’s annual revenue less the cost of player grants.
This news collected fromSource link