re: A&M Has 9 Safety’s

I think you will start to see a lot of players not academically eligible. 18-20 year old with that much cash, probably not going to class.

He signed for the $ and nothing more than that.

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Danny Lewis went to Bama for $25,000. That money will be spent long before he enrolls next fall. These kids are going to learn some hard life lessons very quickly.

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This is a lie…Saban said yesterday they have NEVER cheated or paid a player.

Standard deduction is 12,500. Maybe 1500. The amount of federal income tax will be negligible. I am wondering how the payment is coded, by both parties. Certainly the players are not employees. Will they receive a 1099, like an independent contractor?

I did hear some of the structure involved in a deal. It was 100K per year, but broken down by semester, including a car allowance, etc. So already, the business are protecting themselves from kids a taking a lump sum of money and leaving...

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Danny Lewis went to Bama for $25,000. That money will be spent long before he enrolls next fall. These kids are going to learn some hard life lessons very quickly.

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This is probably for the best, let these kids get their actual “market value”, treat them like pros and let’s see if the traditional college model wasn’t better than this one after all.

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Especially when the first tax filing comes due next spring. None of these fools is going to set money aside for that.

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Rumor is A&M boosters have a structure in place to help these kids/families with managing the tax implications of the NIL deals too.

If you assume that they're considered contractors and say getting quarterly payments, they'll likely pay the kids X amount and help them submit their quarterly estimated taxes at the same time.

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9 safety’s

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Which means 6 of them will transfer in the next year or two.

They would "pay" them say $20k each quarter, then before he spends it take $4k and submit his quarterly tax payment for him. So, he'll end up with $16k to spend. If the kid leaves, they'll be on their own to figure out the taxes.

This is all theoretical, but the rumor is that they're helping with money management and taxes, so I imagine it will be somewhere along these lines.

No that’s not what he’s saying, but most of the poor inner city kids want MONEY, and whining about them taking it IS NOT going to accomplish anything. If you’re 18, poor, never had anything 150,000$ a year to your family will make u do anything. So worrying about a depth chart is futile.