Sign up for our daily briefing

Make your busy days simpler with Axios AM/PM. Catch up on what's new and why it matters in just 5 minutes.

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Catch up on the day's biggest business stories

Subscribe to Axios Closer for insights into the day’s business news and trends and why they matter

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Stay on top of the latest market trends

Subscribe to Axios Markets for the latest market trends and economic insights. Sign up for free.

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Sports news worthy of your time

Binge on the stats and stories that drive the sports world with Axios Sports. Sign up for free.

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Tech news worthy of your time

Get our smart take on technology from the Valley and D.C. with Axios Login. Sign up for free.

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Get the inside stories

Get an insider's guide to the new White House with Axios Sneak Peek. Sign up for free.

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Catch up on coronavirus stories and special reports, curated by Mike Allen everyday

Catch up on coronavirus stories and special reports, curated by Mike Allen everyday

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Want a daily digest of the top Denver news?

Get a daily digest of the most important stories affecting your hometown with Axios Denver

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Want a daily digest of the top Des Moines news?

Get a daily digest of the most important stories affecting your hometown with Axios Des Moines

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Want a daily digest of the top Twin Cities news?

Get a daily digest of the most important stories affecting your hometown with Axios Twin Cities

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Want a daily digest of the top Tampa Bay news?

Get a daily digest of the most important stories affecting your hometown with Axios Tampa Bay

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Want a daily digest of the top Charlotte news?

Get a daily digest of the most important stories affecting your hometown with Axios Charlotte

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Sign up for Axios NW Arkansas

Stay up-to-date on the most important and interesting stories affecting NW Arkansas, authored by local reporters

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Duke men's basektball coach Mike Krzyzewski. Photo: Mitchell Layton/Getty Images

While the NCAA stands firm against the new California law allowing college athletes to accept endorsement money, college coaches have mixed views about the legislation and what it means.

What they're saying: Some coaches, like Duke's Mike Krzyzewski, believe the law is simply a sign of changing times. Others are waiting to see how the new change will play out in California, where it's likely to face legal challenges ahead of its implementation in 2023, before making a judgment call.

Basketball coaches, per ESPN:

  • Duke coach Mike Krzyzewski: "I don't -- and won't -- pretend to understand all the complexities of such a change. However, it is a sign of the times that we in college athletics must continually adapt, albeit in a sensible manner."
  • Lousiville coach Chris Mack: "Four or five years ago I might've sung a different tune, but a lot has changed. The money, the TV contracts, every conference has its own network now. I don't know what it looks like. I'm not an economist. And I think the NCAA has gotten a bad rap for not doing anything for student-athletes. But I am on the side that thinks student-athletes should be able to capitalize on their name, image and likeness."
  • Notre Dame coach Mike Brey: "I think it's much ado about nothing right now. What's really the marketability of some of these guys? How many jerseys are they really going to sell? It's a great panic thing right now. I just think we can work this out and the market's not going to be as deep for everybody as we think."

Football coaches, per Sports Illustrated:

  • Texas A&M coach Jimbo Fisher: "It’s really going to change how things are done, that’s for sure. I’m anxious to see what the next step the NCAA takes, and then we’ll have to make the accountable adjustments of what goes on. But that is definitely a game-changer, and I’m going to have to sit back and think through that. I’m glad it happened on an off week for the future of what’s going to happen."
  • Notre Dame coach Brian Kelly said, “For me, I stay in the present and don’t get too far ahead of myself, and [the bill takes effect] four years down the road. So I think if it was next year, I’d probably have some more formulated opinion on it. Four years allow for a lot of maneuvering, if you will, relative to negotiations and talking back and forth amongst the NCAA and universities. So I think there’s plenty of time for dialogue. I don’t need to comment on something that is that far down the line.”
  • Texas coach Tom Herman: “I have been on record as saying I do believe that we need to find a way to get student-athletes more for their name, image and likeness, but I don’t know the specifics of all that’s going on in California.”
  • LSU coach Ed Orgeron: “I believe the players should get as much as they possibly can. Am I for paying the players? No. But if there's a system where we can get these guys what they deserve without getting salaries… I’m all for that.”

Go deeper: The NCAA makes rules, not laws

Go deeper

House passes government funding, debt ceiling bill

Speaker Nancy Pelosi. Photo by Kevin Dietsch/Getty Images

The House passed a bill on Tuesday to fund the government through early December, along with a measure to raise the debt ceiling through December 2022.

Why it matters: The stopgap measure, which needs to be passed to avoid a government shutdown when funding expires on Sept. 30, faces a difficult journey in the Senate where at least ten Republicans would need to vote in favor.

2 hours ago - Politics & Policy

The Democrats' debt dilemma

Illustration: Aïda Amer/Axios

Democrats find themselves in a political and potentially catastrophic economic quagmire as Republicans stand firm on denying them any help in raising the federal debt ceiling.

Why it matters: The Democrats are technically right — the debt comes, in part, from past spending by President Trump and his predecessors, not only President Biden's new big-ticket programs. But Senate Minority Leader Mitch McConnell (R-Ky.) is saddling them with the public relations challenge of making that distinction during next year's crucial midterms.

Pelosi's endgame

House Speaker Nancy Pelosi appears at a news conference on Tuesday. Photo: Sarah Silbiger/Bloomberg via Getty Images

House Speaker Nancy Pelosi (D-Calif.) began her infrastructure endgame Tuesday, pressuring centrists to ultimately support as much social spending as possible while pleading with progressives to pass the roads-and-bridges package preceding it.

Why it matters: Neither group can achieve what it wants without the other, their ultimatums be damned. The leaders of both acknowledged the speaker's unique gift for pulling off a deal after separate conversations with Democratic leaders.

You’ve caught up. Now what?

Sign up for Mike Allen’s daily Axios AM and PM newsletters to get smarter, faster on the news that matters.

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!