That said, there's a really big chunk missing from the "they will leave the NCAA and start their own pro league" thesis, and that's television contracts..
It will help a lot of mostly unrecognized sports like volleyball and such. These players will be able to use their social medias to make some nice cash.
This is all nonsense. Big Time Football is not going to split into a separate division of get paid legally or not get paid legally. Are ESPN, Fox and CBS just going to bury their heads and have chaos undo their TV contracts? Do you think their Alumni would give a flip about rooting for a their school that competes in the semi-pro California league while the rest of the nation moves on without them with no real shot at a national title.
Are they going to have a mandatory tax prep class to teach them that they are going to lose about 45% of what they earn in California then also have to pay tax on their tuition at some point? After they get done with that they will be keeping about 30% of what they make. How many will have spent that money, be broke and owing the IRS when they leave college since they are 18-23 year old kids?
I also think the uniqueness of college football makes any type of paid minor league football so un-interesting it won’t survive unless every single Power 5 conference does it.
Why would any of this necessarily become income? If you are on a Flute scholarship and work at Einstein's, or even get money for a performance, does your scholarship all of the sudden become taxable income? This doesn't make a ton of sense to me.The tax situation is more complicated:
Every single piece of personal equipment:
cleats (4-6 pairs per season, $120 each)
gloves (10x per season $60 each)
training shoes (3x per season, $100 each)
shorts (4-6x per season, $50 each)
shirts, (6-10x per season, $50 each)
Every single charter flight/bus/travel percentage, 6-7x per season, $300-800+ value
Per Diem: $45 dollars per day for training camp + any mandatory time while school is out of session.
Tutors: $40-60 dollars per session.
Every meal from the training table, $12/meal. This "free meal" is 5 nights per week, every school year. +- 2500 total.
And the big one: Tuition - $30,000-60,000. .
Room/Board, $1600-2200/Month
ALL of this would count towards adjusted income. Good luck paying federal and state taxes on several thousand dollars worth of "free stuff"
Why would any of this necessarily become income? If you are on a Flute scholarship and work at Einstein's, or even get money for a performance, does your scholarship all of the sudden become taxable income? This doesn't make a ton of sense to me.
The way it's written now, the school pays the taxes on all associated items. If the players get paid, all of that liability gets transferred to the players. It's how it works in the NFL.
It makes zero sense. Everyone seems to think Cali made it so the schools can pay the athletes. People are dumb and make assumptions and draw terrible conclusions like gangbusters when it comes to this topic.
So, just a thought, but ... has anybody actually read the legislation that created the law?
Obviously, those in the news who have experience with legisation (those few) are not pointing out an obvious.
Right out the gate the law has some issues. And by that, I mean it will be hard for the state of California to enforce it. Especially on the NCAA. My guess, the Governor there knows this won't hold water, so why not sign it and get the publicity.
It is almost laughable to watch the media reaction, having read the legislation that created the law. What is laughable is how the law ignores some federal acts, yet demands agents follow a a federal act in pert near the same breath.
If the State of California is dumb enough to go after the NCAA for enforcing legitimate and recognized rules, while attempting to sides step legitimate and authorized agreements and regulation, then they deserve the blowback they will get.
meh, scribbles probably came from a comittee staffer, who also has a poor grasp of civics.why should we read it with odds are the the folks in california who passed the bill never read it and simply voted based upon the scribbles of some 21-year old intern who barely passed high school civics class.
It's hard to scoop the NCAA in the "Dumb" category, yet Cali has managed to do so...So, just a thought, but ... has anybody actually read the legislation that created the law?
Obviously, those in the news who have experience with legisation (those few) are not pointing out an obvious.
Right out the gate the law has some issues. And by that, I mean it will be hard for the state of California to enforce it. Especially on the NCAA. My guess, the Governor there knows this won't hold water, so why not sign it and get the publicity.
It is almost laughable to watch the media reaction, having read the legislation that created the law. What is laughable is how the law ignores some federal acts, yet demands agents follow a a federal act in pert near the same breath.
If the State of California is dumb enough to go after the NCAA for enforcing legitimate and recognized rules, while attempting to sides step legitimate and authorized agreements and regulation, then they deserve the blowback they will get.