• California Democratic Assemblyman Chris Holden, who represents Pasadena, has introduced legislation that he is calling the College Athlete Protection Act, which would gut all non-revenue raising college athletics and cripple the ability of any California school to compete in football on the national stage.
• 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.
• So let’s say Trojan football earned $100 million and the Trojan football team had 50 scholarship players. That would mean every player, from Heisman Trophy winning Caleb Williams to the backup punter, would each get $1 million. That’s their “fair market value,” according to Holden.

Tagged: Sports