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re: Jacoby Matthews has decommitted.

Posted on 7/30/21 at 1:23 pm to
Posted by Purple Tiger King
Member since Jan 2021
2016 posts
Posted on 7/30/21 at 1:23 pm to
He spoiled for everyone Emery Jones' commitment day .
Posted by msptigers
LSU Alumnus
Member since Jun 2021
755 posts
Posted on 7/30/21 at 1:25 pm to
He could increase his social media followers by a few thousand, or an A&M booster could sign him to a $500k endorsement deal. Stop being obtuse, this isn't about social media followers. His situation and hers are completely different.
This post was edited on 7/30/21 at 1:27 pm
Posted by Purple Tiger King
Member since Jan 2021
2016 posts
Posted on 7/30/21 at 1:30 pm to
quote:

A&M beat us two out of the last three years and is viewed as rising.


Give me a freaking break! Every decent LSU fan considers the 2018 game to be a felony. It definitely isn't a legitimate A&M victory. And let's not forget about the mega arse kicking LSU handed A&M in 2019.

Meanwhile, in the 2020 game, had LSU started Max Johnson, as opposed to TJ Finley, LSU would have won that game easily.

You can view A&M as rising, but I don't.

You're entire post sucks!
Posted by FLBooGoTigs1
Nocatee, FL.
Member since Jan 2008
57229 posts
Posted on 7/30/21 at 1:31 pm to
quote:

These are the same type of morons that tried to overthrow the government on January 6th. Ignorant is ignorant and these type of people are clearly ignorant



Look at this dummy. We know who watches FAKE NEWS.
Posted by offshoretiger
baton rouge
Member since Dec 2009
39 posts
Posted on 7/30/21 at 1:33 pm to
I was think the same think, he is scared of competing with Thomas.
Posted by Solo Cam
Member since Sep 2015
33916 posts
Posted on 7/30/21 at 1:33 pm to
quote:

its always everyones fault but orgerons
Don’t we still have the top ranked class in the SEC?

What the frick are you melting about?
Posted by StevieG504
Metairie
Member since Jun 2013
3683 posts
Posted on 7/30/21 at 1:33 pm to
Sorry he’s a great player but not a starting quarterback or the face of the team. Stingley had to earn that on the field and Bryce Young is the starting QB of a multi national championship team. Texas A&M’s best player got a NIL deal with Cane’s for less than Derek got and the next two players for A&M got 10k each. It’s not as big as you think bro. Only the best player on each SEC team will make anything noteworthy. I honestly believe he will eventually stay at LSU. Everyone thought he committed to early anyway. Mason Smith the recruiter will make sure he is purple and gold. I trust in Corey Raymond and Dorante Jones he already said how much he loves Daronte Jones. Honestly LSU just has to have a good season and you will see the in state kids stay
This post was edited on 7/30/21 at 1:35 pm
Posted by JKChesterton
Member since Dec 2012
4096 posts
Posted on 7/30/21 at 1:35 pm to
quote:

acoby Matthews has decommitted.
He could increase his social media followers by a few thousand, or an A&M booster could sign him to a $500k endorsement deal. Stop being obtuse, this isn't about social media followers. His situation and hers are completely different.


Well $500,000 is quite a bit for a kid. What type of small business can afford to pay that for nothing? If it is a corporation, then spending that kind of money without a contract dictating what the $$$ are being paid for gets into misappropriation of assets.

I disagree with this "Booster" paying that kind of money. With all this money, this is now going to be under the radar of the IRS. All these athletes are now going to move in much higher tax brackets.

Do these schools want to have the IRS sending in hundreds of IRS agents to their campus to audit all the NIL deals? Companies/firms paying players for nothing opens lots of issues.

If you have a company, you better have a legal contract that specifies what is being paid and for what. You have now a paper trail that your accounting department can use to properly account for. The athlete you are paying better get a 1099 from you.

I could go on and on. If millions of NIL money is going to go to SEC athletes, the Tax authorities are going to impose a constraint that all this is done above board.

Posted by The Tiger322
Member since Dec 2019
2662 posts
Posted on 7/30/21 at 1:35 pm to
I don't think any school is actually close to taking him however, I do believe him taking UOVs to schools does have something to do with this. Probably visits but as I said I didn't like it when he was visiting A&M with the LA Boys because that's the second time he's done it.
Posted by FLBooGoTigs1
Nocatee, FL.
Member since Jan 2008
57229 posts
Posted on 7/30/21 at 1:35 pm to
quote:

I was think the same think,



You serious Clark
Posted by FLBooGoTigs1
Nocatee, FL.
Member since Jan 2008
57229 posts
Posted on 7/30/21 at 1:38 pm to
Jesus we have grown arse men in here melting about an 18 year high schooler. Look folks it will be ok either way. Last time I checked the safety room looks pretty good now
Posted by Robber DeNiro
Member since Jan 2021
3160 posts
Posted on 7/30/21 at 1:42 pm to
This is why I quit following recruiting!!!!
Posted by msptigers
LSU Alumnus
Member since Jun 2021
755 posts
Posted on 7/30/21 at 1:42 pm to
Who do you think pays for LSU suites? It's not personal money. It's people running stuff through their business. And who said anything about small businesses? I know a contractor who gives well over $500k to LSU over a 4 year period and his company does $160MM in revenue a year. A&M has dozens of guys like that. Any booster owned O&G company can sign an endorsement deal with a kid and not make them do a damn thing to earn it. This is the world we're in now.

As far as taxes go, all of these schools have set up departments to handle them for the kids and their parents. That's what O was bragging about saying LSU was prepared for the NIL. I do think some kids will end up not complying and have the IRS up their asd at some point. That's a given.
This post was edited on 7/30/21 at 1:46 pm
Posted by Solo Cam
Member since Sep 2015
33916 posts
Posted on 7/30/21 at 1:44 pm to
quote:

Jesus we have grown arse men in here melting about an 18 year high schooler. Look folks it will be ok either way. Last time I checked the safety room looks pretty good now
We’re still favorites to land him.

It’s July for Christ sake

fricking relax guys
Posted by JKChesterton
Member since Dec 2012
4096 posts
Posted on 7/30/21 at 1:46 pm to
quote:

Jacoby Matthews has decommitted.
He could increase his social media followers by a few thousand, or an A&M booster could sign him to a $500k endorsement deal. Stop being obtuse, this isn't about social media followers. His situation and hers are completely different.



And what would that Booster be getting? Is it a legal business? What services does that Booster's company that signed the endorsement deal get and provide?

If that said "Booster" is part of a company that has bank loans and other creditors and this business is paying $500,000 to a recruit who has not played a down do I sit back and say, well our debt agreement should stay the same. That happens the Bank is going to say well we require certain liquidity ratio for your company and we are now gong to raise the interest rates.

Why would any University risk getting in trouble with forget the NCAA, IRS and State taxation authorities. They can tell their players go negotiate with businesses and get contracts/endorsement deals that specify terms of payment from them and what you need to do for them.

Why risk anything when you can use NIL legally?

Does that sound economically rationale? No.
Posted by Dudebro2
San Diego
Member since Dec 2011
8967 posts
Posted on 7/30/21 at 1:53 pm to
This is really not a very difficult concept to understand, it is just a matter of do you want to take your head out of the sand and view reality? Or instead continue to stick your head in the sand in the hopes that none of this is real?

Here it is real simple, in black and white.

With NIL’s the college game with all of its history, traditions and academics, as it was known for, are gone forever.

This is now strictly a business and in business, money talks and everything else walks. Players that were die hard fans of home state schools will forego those allegiances, when it comes down to getting paid.

So in business when there aren’t any rules, the companies with the deepest pockets usually win, it will not be any different here. What the Supreme Court did was insure that college sports going forward are only for the rich.

In the NFL they have salary caps, that is so the big team markets don’t out-spend the smaller team markets and create a monopoly where you only win if you have the deepest pockets because you buy all the talent.

They don’t have that in the NCAA, so that simply means the richest schools “deepest pocketed alumni” will succeed and EVERYONE else falls by the wayside.

The formula is really that simplistic, with no rules in place to protect the smaller universities enabling them the chance to compete on equal financial footing, the smaller institutions are doomed there will be no way for them to compete, their market share “their recruiting base” will be raided constantly of all the good players because they will be paid more to leave. No longer is it about education, it is only about athletics. So sad.
This post was edited on 7/30/21 at 3:33 pm
Posted by msptigers
LSU Alumnus
Member since Jun 2021
755 posts
Posted on 7/30/21 at 1:54 pm to
You seem to be very confused was to what NIL means. Your company can pay a kid $500k to be on a poster for your company that you hang on the wall of the kitchen. There's nothing illegal about it NCAA, IRS, FCC, FDA, SEC, DOD, or any other governmental agency you can think of. You're making up outlandish scenarios with lines of credit and debt out of thin air just to keep your head buried in the sand. Do those banks call loans when that company bought a suite to "entertain clients"?
This post was edited on 7/30/21 at 1:57 pm
Posted by JKChesterton
Member since Dec 2012
4096 posts
Posted on 7/30/21 at 1:54 pm to
quote:

Jacoby Matthews has decommitted.
Who do you think pays for LSU suites? It's not personal money. It's people running stuff through their business. And who said anything about small businesses? I know a contractor who gives well over $500k to LSU over a 4 year period and his company does $160MM in revenue a year. A&M has dozens of guys like that. Any booster owned O&G company can sign an endorsement deal with a kid and not make them do a damn thing to earn it. This is the world we're in now.

As far as taxes go, all of these schools have set up departments to handle them for the kids and their parents. That's what O was bragging about saying LSU was prepared for the NIL. I do think some kids will end up not complying and have the IRS up their asd at some point. That's a given.



What type of businesses are you talking about? A Partnership, which is taxed at the Individual level. S Corporations up to 100 Stockholders. Yes, so if the company agrees to buy a suite, they are paying for a service, the right to use the LSU suite and use it to wine and dine customers. The Corporation or say Sole Proprietor (shareholder of 1) engaged in an arms length transaction, paid $$$$ for the right to use the LSU suitie.

All above board and perfectly legal and easy to account for. LSU sets the price to to rent the suite for 4 years a company agrees to purchase it Corporations have bylaws and as you get more Shareholders a Board that makes such decisions.
Posted by JKChesterton
Member since Dec 2012
4096 posts
Posted on 7/30/21 at 1:58 pm to
quote:

Jacoby Matthews has decommitted.
You seem to be very confused was to what NIL means. Your company can pay a kid $500k to be on a poster for your company that you hang on the wall of the kitchen. There's nothing illegal about it NCAA, IRS, FCC, FDA, SEC, DOD, or any other governmental agency you can think of.


Ok, so you think with 85 scholarship players, companies are going to pay $42,500,000 to hang posters? Even if you get 85 to do it, take that out for 10 years, that is $5,000,000 per company. Ok, how many people are willing to run their business in the ground for football recruits?

The ones that do are not going to be in business very long.
This post was edited on 7/30/21 at 1:59 pm
Posted by msptigers
LSU Alumnus
Member since Jun 2021
755 posts
Posted on 7/30/21 at 1:58 pm to
No one said anything about a public corporation. You're full on potato making up fictitious scenarios and arguments to argue them. There's nothing stopping a privately owned business from signing you, me or jacoby Matthews to an endorsement deal if they want to.
This post was edited on 7/30/21 at 1:59 pm
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