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Message
re: Denver Harris is getting $400k NIL deal at Texas A&M
Posted on 1/2/22 at 1:59 pm to PUB
Posted on 1/2/22 at 1:59 pm to PUB
quote:
Complete insanity and nothing amateur about college sports any longer.
To be fair, college athletics have not been an amateur sport for a while now. My concern for these kids is, who’s handling their finances. I work in finance and I can easily see a lot of this kids getting slammed by the IRS for not paying taxes on their NIL deals. How many of us at 18 knew what we had to report for taxes? How many of these kids know the difference between a W2 and an 10-99 tax filing? Hate to say it, but this factor will end up hurting a lot of kids just seeing big dollar signs.
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