re: For those still not sure what happened with Underwood.

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One person like a Larry Ellison and his wife, with some passion for sports, can move entire picture in their favor

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Welcome to 1988.

They offered his family a lot more money.

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The weirdest part to me is nobody knew of Jolin Ellison’s existence before this, it was a secret marriage.

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Secret marriage? I haven't heard that.

What's the deal?

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Larry Ellison has a net worth of Billions.

Could have had buildings or the entire stadium named after him. Instead he hands over millions to a high school player.

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Hell he could’ve donated it to St Jude or Make a Wish

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Thats WAY TOO MANY dominoes falling for weeks, for this to be a last second flip

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$12M business deals with this many parties involved don’t happen “last second.” This has been in the works for months. A few things can be true at the same time. He didn’t “con” LSU but LSU was also not his first choice and where he really wanted to go.

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College football, with the current NIL situation and the free-transfer portal, is in bad shape. It's just a pro league now, but even worse, since players can jump from team to team EVERY year.

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Situations like this are eventually going to put us over the tipping point. Once that happens, the school presidents and ADs who are fed up with the instability are going to initiate a move away from the NCAA and the schools. College Football will one day be a real second-tier pro league with a player’s union, contracts with minimum lengths and some kind of salary structure. Teams will license the names of the schools, mascots, and lease their stadiums, which will compensate the schools. I’m sure the ADs and presidents will get board seats or some kind of connection that buys them off. At that point, academics, Title IX, the NCAA, practice limits, etc are all gone.

In other words, the players will be completely fricked. They will still get paid, probably more than they are now, but the days of them having all the power will be over. They will be back to a world where they are locked in for at least a couple of years after signing day.

True NIL will simply become sponsorship deals direct with players. But the collectives- they will be out of business. Just like with NFL teams, staff and people associated with the team will not be able to provide inducements outside of a player’s contract. Companies will also be prohibited from using endorsements to steer players to or from a team. The fledgling player’s union won’t be able to fight these terms and so all of the leverage players have today will go up in smoke.

When this happens, we will have some stability again, but the sport will never be the same. But I think we all know that’s already the case.

He is gone. Who cares? "

This is a message board. You're not required to participate but others are here to discuss anything LSU sports related. It's simple enough.

It's like Liv Golf but it's college fb

Please show me all the support for the 12 million being paid to underwood can be supported as ordinary business expense. That’s ludicrous and any CPA crazy enough to try and claim that won’t be in business for long

To truly be able to claim million for his expense he would need to be working for the payers company in a normal way to support that pay in order to deduct it. You can’t just make beleive the millions paid to underwood is normal and deduct it

He can deduct only the actual “worth” of the work being performed. So possibly a 1,000 or so of the MILLIONS can actually be deducted from his business

If you try and do what you are claiming it’s tax fraud to the absolute max