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From an article on the Athletic about A&M's "fund" for the 2022 class.
$30m was obviously always goofball stuff - specifically with the number of good starters they had bail for the draft to be late-round picks.
OFFICIAL 2021-2022 COLLEGE FOOTBALL THREAD
- Thread in 'Sports & Training' Thread starter Started by Bobby Layne,
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$30m was obviously always goofball stuff - specifically with the number of good starters they had bail for the draft to be late-round picks.
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New CA Bill would put Pac-12 schools at serious disadvantage
Think NIL changed college sports? New California senate bill would transform economic model for Pac-12, Mountain West schools
As law, the bill would create a revenue-sharing relationship between athletic departments and athletes in the revenue generating sports, thus jeopardizing money-losing Olympic sports.
www.mercurynews.com
As law, it would create a revenue-sharing arrangement between athletic departments at California universities and the athletes in their money-making sports.
Football and men’s basketball players, in particular, would receive tens of thousands of dollars — if not hundreds of thousands — directly from athletic department coffers via what the bill calls “degree completion funds.”
If SB-1401 becomes law, which seemingly could happen as soon as 2023, the requirements could place the California schools in the Pac-12 and Mountain West conferences at a significant financial disadvantage, create massive Title IX complications and threaten the long-term viability of Olympic sports, from softball to swimming to tennis.
The bill would force the athletic departments at Cal, Stanford, USC and UCLA, along with San Jose State, San Diego State and Fresno State — plus those in the Big West and WCC — to create “degree completion funds” for athletes in sports that generate a profit (as defined by the bill).
Let’s use Cal’s football program as an example, because the Bears publish an annual statement of revenues and expenses on their athletics website.
In the 2020 fiscal year, when football was unaffected by the pandemic, the Bears generated $39.1 million in football revenue.
The provisions in SB-1401 would require Cal to set aside half that total for the players, then subtract the amount spent on scholarships ($3.7 million).
What remains ($15.9 million) would be placed in the degree completion fund, to be split equally among the players.
Assume 85 are on scholarship, and the result would be $186,500 set aside in the fund for each player.
The athletes could access a maximum of $25,000 each year, with the remainder available upon completion of their undergraduate degree — so long as it comes within six years of enrollment. (Players would lose access to the fund if they transfer to a junior college or a four-year school outside California.)
Let’s use Cal’s football program as an example, because the Bears publish an annual statement of revenues and expenses on their athletics website.
In the 2020 fiscal year, when football was unaffected by the pandemic, the Bears generated $39.1 million in football revenue.
The provisions in SB-1401 would require Cal to set aside half that total for the players, then subtract the amount spent on scholarships ($3.7 million).
What remains ($15.9 million) would be placed in the degree completion fund, to be split equally among the players.
Assume 85 are on scholarship, and the result would be $186,500 set aside in the fund for each player.
The athletes could access a maximum of $25,000 each year, with the remainder available upon completion of their undergraduate degree — so long as it comes within six years of enrollment. (Players would lose access to the fund if they transfer to a junior college or a four-year school outside California.)
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I'm not sure this would be a disadvantage... I suppose it would limit using revenue for facilities and staff, and would hurt non-revenue sports at those schools, which would be unpopular.
But I feel like this is what players have been asking for.
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Doing a bang up job with guys nobody in or around the state has even offered. 
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Top 100 guy doeDoing a bang up job with guys nobody in or around the state has even offered.
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RIP Sam Bruce
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Just seen that too. Sam Bruce
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The gap between Bama and OSU is almost as big as the gap between OSU and Texas A&M.
That's absolute insanity.
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Ironically schools complaining about it were probably driving more kids to check out A&M because of it, and it wasn;t even true.
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Damn all the Chris Steele drama felt like it just happened yesterday
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He ran better than I thought he would honestly. A move to S is probably still in the cards tho if he’s going to hang on.
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(All jokes aside, it sucks that NY doesn't let you gamble on the draft, because I actually would have taken the Drake London top 10 bet and also bet on Drake Jackson from usc to go first round, which I suspect has great odds.)
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It’s a loaded WR class, I think he will be right outside of top ten
jpzx
Supporter
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I thought London would fall, but someone as connected as Drake.... to as many industries as he venn diagrams into, might know... something, to go in on that. Can't rule it out.
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These fools love building Texas up each year
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Don't worry.
I won't talk my ****.
I should.
But, I won't.
I won't talk my ****.
I should.
But, I won't.
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LMAO. He's better than all those dudes.
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Garrett Wilson to my Jets. We having a good draft 
jpzx
Supporter
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jpzx
Supporter
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Vikings get last pick of the first, second pick of the 2nd, and 2nd pick of the 3rd... I am fine with it. Good get if they don't like anyone.
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