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Started By
Message
These kids better lawyer up
Posted on 12/15/21 at 2:31 pm
Posted on 12/15/21 at 2:31 pm
With this type of money being thrown around I hope these kids get representation. Big money doesn’t just walk away when these kids change their minds.
14
Posted on 12/15/21 at 2:33 pm to BTRtoIAH
quote:
With this type of money being thrown around I hope these kids get representation. Big money doesn’t just walk away when these kids change their minds.
These kids finally have agency over their bodies and careers and y'all can't stand it.
Posted on 12/15/21 at 2:38 pm to BTRtoIAH
quote:
These kids better lawyer up
More like find a CPA. A lot of these families will be taxes for the first time.
Posted on 12/15/21 at 2:42 pm to BTRtoIAH
quote:When the NIL being permitted was impending, because everybody knew it was coming, I was hopeful that the NCAA would allow the schools to be involved to a lesser degree for two main reasons.
With this type of money being thrown around I hope these kids get representation. Big money doesn’t just walk away when these kids change their minds.
1. So the schools could provide help with accounting and taxes.
2. So the schools could help hook them up with financial planners, maybe even provide a permanent position on the athletic staff to help with such (Lewis Neal comes to mind).
A) It's going to suck they day we have to suspend a player because the IRS comes calling. For everybody involved.
B) They are vulnerable. From outsiders and yes, in many cases, their own immaturity in managing money. Sadly in some cases from their own family. Not that the school automatically has the ethical high ground, but at least it is an extra set of eyes on it and the school does have some vested interest there where many do not.
Posted on 12/15/21 at 2:42 pm to BTRtoIAH
quote:
These kids
Not any more, they're pro's. frick'm and feed'm fish heads.
If they don't understand what they are entering into, thats on them.
Water will be to deep for most.
Posted on 12/15/21 at 2:43 pm to BTRtoIAH
quote:
With this type of money being thrown around I hope these kids get representation
Gonna be funny as Hell when the IRS gets involved!
Posted on 12/15/21 at 2:43 pm to BTRtoIAH
Jimbo Fisher gets a $100 Million dollar deal.
Fans: Wow That's alot of money, but I love CFB
Ed Orgeron gets a pay raise $9Mil/yr
Fans: Wow That's alot of money, he won us a title and I love CFB
Transfer Portal and NIL
Fans: Oh thats just unfair and will ruin college football
I remember when Bowl games were named after regional products or commodities. Corporations entered college sports longtime ago.
Fans: Wow That's alot of money, but I love CFB
Ed Orgeron gets a pay raise $9Mil/yr
Fans: Wow That's alot of money, he won us a title and I love CFB
Transfer Portal and NIL
Fans: Oh thats just unfair and will ruin college football
I remember when Bowl games were named after regional products or commodities. Corporations entered college sports longtime ago.
Posted on 12/15/21 at 2:46 pm to BTRtoIAH
quote:
With this type of money being thrown around I hope these kids get representation. Big money doesn’t just walk away when these kids change their minds.
The only kind of attorneys they need are tax attorneys. The tax man cometh.
Posted on 12/15/21 at 2:52 pm to BTRtoIAH
I mean It’s bound to happen
Burn a booster who gave you a car in the DL what’s he gonna do?
Burn Canes? They may actually have a breach of contract claim.
Burn a booster who gave you a car in the DL what’s he gonna do?
Burn Canes? They may actually have a breach of contract claim.
Posted on 12/15/21 at 6:02 pm to BTRtoIAH
Why can an 8 year old YouTuber make millions but everyone is going bat shite crazy over a grown adult getting life changing money.
Posted on 12/15/21 at 6:27 pm to BTRtoIAH
This will end up like those going to the nfl and not knowing how to manage their money. Will be a complete shite show over the next 1-2 years.
Posted on 12/15/21 at 6:36 pm to BTRtoIAH
Most will blow all of it
Posted on 12/15/21 at 7:51 pm to BTRtoIAH
For the ones that act outside the lines they should know they can now be sued because they actually have some wealth.
Posted on 12/15/21 at 7:57 pm to BTRtoIAH
And they better get an education to learn how to be their own financial advisor.
Posted on 12/15/21 at 8:17 pm to BTRtoIAH
Punks with their hands out. What a fukin country.
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