Ha, this is so hypocritical to the typical CA legislator. The only one's benefitting from this will be the elite athlete, who will end up making millions as a professional anyhow. 99% of college athletes, will reap 0% benefit from this.
And 99% of college athletes will never go pro, which is why a system is needed to address this. I think it’s starting a conversation, getting the ball rolling. These are the same pains that MLBPA went through (with strikes) to get changes for their members through the recent history of baseball. Change hurts sometimes. Nobody on this forum would gripe if their kid was drafted and got the big contract/signing bonus. If we can work through this reasonably and responsibly, guys like old school will have to find another reason to hate California...like the weather.