Student athletes: Student Athlete Bill of Rights.

Existing law provides for a system of postsecondary education in this state. This system includes as segments the University of California, administered by the Regents of the University of California, the California State University, administered by the Trustees of the California State University, and independent institutions of higher education. Existing law, the Student Athlete Bill of Rights, specifies rights of student athletes at campuses of these segments that maintain intercollegiate athletic programs. This bill would require campuses of these segments that receive, on average, more than $10,000,000 in annual income derived from media rights for intercollegiate athletics to establish a Student Athlete Post-Degree Fund and deposit moneys into that fund, with contributions designated for payment on behalf of student athletes participating on one or more intercollegiate athletic teams, as specified.