Current:Home > FinanceChainkeen|California bill crafted to require school payments to college athletes pulled by sponsor -TradeWise
Chainkeen|California bill crafted to require school payments to college athletes pulled by sponsor
Poinbank View
Date:2025-04-08 07:28:42
SACRAMENTO,Chainkeen Calif. (AP) — A proposal that would require California universities to pay their athletes through a “degree completion fund” has been withdrawn from consideration at the state legislature.
Assemblyman Chris Holden pulled his proposed bill, the College Athlete Protection Act, from a hearing before the state’s Senate Education Committee on Wednesday. His office confirmed the move Thursday, which effectively ends the bid.
Under his plan, schools earning at least $10 million in athletics media rights revenue each year would have been required to pay $25,000 to certain athletes through the degree funds. Each athlete could access up to $25,000 but the rest would be available only after graduation.
Holden removed the revenue-sharing language from the bill after the NCAA and the nation’s five biggest conferences last month announced a $2.8 billion settlement plan to address antitrust claims. Among other things, that plan allows each school to spend up to some $22 million each year in direct payments to their athletes.
Holden has pushed ahead with other provisions in the bill, which sought better health and safety standards for athletes and prevented schools from eliminating sports and cutting scholarships.
Holden said Thursday the bill did not have the support of the committee chairman, state Sen. Josh Newman.
“Still, this is not a fail,” Holden said. “Our original bill language, in large part, focused on creating opportunities for college athletes to be paid and was critical to the NCAA revenue sharing settlement.”
NCAA vice president for external affairs Tim Buckley said in a statement the organization is talking with state lawmakers around the country about the changes ahead for college sports. It is still seeking help from Congress in establishing a limited antitrust exemption to preserve some form of its longtime amateurism model.
“Those changes combined with the landmark settlement proposal is making clear that state-by-state legislation would be detrimental to college sports, and that many past legislative proposals will create more challenges than they solve,” Buckley said.
It was a California state law that forced massive change across college athletics in 2021 by barring the NCAA from interfering in athletes earning name, image and likeness compensation. Other states quickly followed and the NCAA cleared the way for the so-called NIL earnings era in July 2021.
—-
AP college sports: https://apnews.com/hub/college-sports
veryGood! (23517)
Related
- Apple iOS 18.2: What to know about top features, including Genmoji, AI updates
- Starbucks debuts limited-time Merry Mint White Mocha for the holidays
- Officer shoots, kills 2 dogs attacking man at Ohio golf course, man also shot: Police
- 'The Crown' fact check: How did Will and Kate meet? Did the queen want to abdicate throne?
- Behind on your annual reading goal? Books under 200 pages to read before 2024 ends
- Vanessa Hudgens' Husband Cole Tucker Proves They're All in This Together in Birthday Tribute
- Militants attack police office and army post in northwest Pakistan. 2 policemen, 3 attackers killed
- See Gigi Hadid, Zoë Kravitz and More Stars at Taylor Swift's Birthday Party
- The city of Chicago is ordered to pay nearly $80M for a police chase that killed a 10
- Youngkin pledges to seek mental health legislation in honor of Irvo Otieno
Ranking
- A South Texas lawmaker’s 15
- Arkansas board suspends corrections secretary, sues over state law removing ability to fire him
- King Charles pays light-hearted tribute to comedian Barry Humphries at Sydney memorial service
- Set of 6 Messi World Cup jerseys sell at auction for $7.8 million. Where does it rank?
- Trump suggestion that Egypt, Jordan absorb Palestinians from Gaza draws rejections, confusion
- See Gigi Hadid, Zoë Kravitz and More Stars at Taylor Swift's Birthday Party
- Fontana police shoot and kill man during chase and recover gun
- 515 injured in a Beijing rail collision as heavy snow hits the Chinese capital
Recommendation
The city of Chicago is ordered to pay nearly $80M for a police chase that killed a 10
Ex-FBI counterintelligence official gets over 4 years in prison for aiding Russian oligarch
Can Congress fix Ticketmaster? New legislation, investigation take aim
Emma Stone's Cute Moment With Ex Andrew Garfield Will Have Your Spidey Senses Tingling
Romantasy reigns on spicy BookTok: Recommendations from the internet’s favorite genre
Gunmen kill 11 people, injure several others in an attack on a police station in Iran, state TV says
Coca-Cola recalls 2,000 Diet Coke, Sprite, Fanta Orange soda packs
Pandemic relief funding for the arts was 'staggering'