News & Brews with James Moore & Company is a monthly series discussing the latest in the business of collegiate athletics. In addition to the latest on COVID-19 and its industry impact, we will discuss topics like name image likeness, updates to NCAA financial reporting, your financial story and more. Join us the second Thursday of each month at 4:30 pm Eastern time (1:30 pm Pacific) as we have a beer (brew) and discuss the latest developments (news) that affect your athletics program! It’s part of our firm’s continued commitment to share knowledge, build trust and bring value to the collegiate athletic professionals.
Thursday Aug 10, 2023
Thursday Aug 10, 2023
On this month's News & Brews Sports Biz podcast, Katie and Ken highlight the recently tabled California bill on athlete revenue sharing. The duo discusses flaws in the legislation and brings attention to lessons learned that college athletics business officers can contribute to future legislation. The purpose of this episode is not to argue for or against athlete compensation. Instead, it’s to advocate for fair and reasonable definitions of revenue and educate others about some unintended consequences of provisions of this kind of legislation. And as always, they highlight their brew choices of the month.
Introduction to California’s College Athlete Protection Act (1:12)
Understanding the Degree Completion Funds (3:28)
Flaws in the definition of revenue and revenue-sharing formula (5:19)
Impacts on provisions for insurance and out-of-pocket medical expenses (12:20)
Accountability measures and consequences for making disallowed cuts (16:00)
More unanswered questions (18:19)
Brews of the month (22:12)
Wrap up (23:51)
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