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On cspans q a. Next, a hearing to examine the issue of College Athlete compensation. The Senate Health education and Labor Committee heard from College Athletic programs about how athletes could be compensated for their name, image, and likeness, which organization should oversee these decisions, and what implications it could have on the student athlete model. This is two hours and 15 minutes. [inaudible] good morning. The committee will come to order. There is no room for the public. The press is covering it as a pool. You can watch this on streaming or there will be an unedited recording that everyone can watch. All of our Witnesses Today and some senators are participating by videoconference. I would li ....
Good morning. The committee on health education, labor and pensions will please come to order. First i would like to go through a few administrative matters that weve adopted because of covid. Weve consulted with the attending physician and the department of health and human services, centers for disease control. Individuals in the hearing room are six feet apart. Theres no room for the public in person. The press is covering as a pool. You can watch this on streaming or there will be an unedited recording that everyone can watch. All of our Witnesses Today and some senators are participating by video conference. I would like to Say Something about masks. The office of attending physician has advised that senators and witnesses may remove their masks to talk into the microphones since our chairs are six feet apart. So, thats why my mask is off. When im not back here, im weari ....
Beginning. It was worse than a gamble. It was sort of betting your life savings on the turn of a roulette wheel. Reporter back in 2012 the University Spokesman told us there was nothing to worry about. We have no financial issue here for at least the next 26 years. Reporter somehow he stands by that Statement Today claiming the cal athletics deficit is separate and cannot be tied to the stadium. The stadium debt has little, if any, impact on that deficit. Reporter he said numbers show the stadium made 26 million in revenue in 2017, an 8 million surplus, math that only works if you divorce the stadium loan from the Athletic Department deficit altogether and even the chancellors Intercollegiate Athletics task force linked the deficit to the paym ....