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EP 134: Breaking News! California State: Athletes Could Cash in with Proposed Revenue-Sharing Bill.


California State Bill could usher in new economics in College Sports. ...(read more)


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The California state legislature is considering a bill that could have a major impact on college athletes in the state. The proposed bill, known as the Fair Pay to Play Act, would allow college athletes to receive compensation for the use of their name, image, and likeness. This would be a major shift in the way college sports are currently structured, as athletes are currently prohibited from earning money in any form from their athletic endeavors. If the bill is passed, it would be the first of its kind in the United States. It would allow athletes to receive endorsement deals, sign autographs, and even receive payments for appearances. It would also allow athletes to hire agents and lawyers to negotiate contracts and other deals. The bill has been met with both support and opposition. Supporters argue that athletes should be able to make money off of their hard work and talent, while opponents worry that it could lead to an uneven playing field and create a system where wealthy athletes have an unfair advantage. The bill is currently being debated in the California state legislature, and it is unclear if it will pass. If it does pass, it could have a major impact on college sports in California and potentially across the country. It could create a new revenue stream for athletes, while also giving them more control over their own careers. It could also potentially lead to a system where athletes are compensated more fairly for their efforts. Only time will tell if the bill passes, but it is clear that it has the potential to make a major impact on college sports in California and beyond. https://inflationprotection.org/ep-134-breaking-news-california-state-athletes-could-cash-in-with-proposed-revenue-sharing-bill/?feed_id=72745&_unique_id=63f5be4020cbf #Inflation #Retirement #GoldIRA #Wealth #Investing #ProfitSharingPlan
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