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re: BREAKING: The NCAA will allow athletes to be compensated for their names, images and liken
Posted on 10/29/19 at 1:46 pm to 31TIGERS
Posted on 10/29/19 at 1:46 pm to 31TIGERS
quote:
The irs will be circling like sharks with blood in the water. Scholarships should be viewed as income as well (my opinion only) relative to athletic scholarships because the universities are footing the bill for all or part of the athletic scholarships.
There's a couple of proposed bills in Congress dealing with this. Essentially all aid given to a student-athlete, up to the cost of attendance (a number that the fed government uses for financial aid, and is different for each school) would be considered a tax-free scholarship, and everything above that would be considered earned income... which means... either they are an employee (and dealing with FICA) or they are self-employed (and dealing with self-employment taxes).
0
Posted on 10/29/19 at 1:47 pm to TheCaterpillar
quote:
I think all college sports should be go pro out of high school
there's really no reason the NBA or NFL should do this.
Worst case scenario for them, they get the super stars a year/3 years laters (NBA/NFL).
Best case, they weed out potential busts that hurt franchises.
Yes I know there are still busts, but at least NBA and NFL scouts have more time to review players.
Posted on 10/29/19 at 1:47 pm to WildManGoose
quote:
That's an odd team to fixate on. Teams like Texas and USC will benefit at the expense of those like Auburn, VT, Clemson, etc.
People in here used SMU as an example
They said teams in Big Markets will make out huge because of this
Posted on 10/29/19 at 1:47 pm to Kodar
quote:There will be a shift for sure. You’ll see how much each fanbase really cares.
Parity in CFB jumped out the window decades ago, and it's been big name schools with shite tons of money running shite.
Posted on 10/29/19 at 1:49 pm to Roll Tide Ravens
quote:
I'm already trying to figure out what no-name school I'm taking to the top in Dynasty mode.
Tulane, in a packed Yulman stadium
Posted on 10/29/19 at 1:51 pm to beaverfever
Didn't address my point on parity at all. Fanbase translates to boosters in this case anyway. It's going to come down to what it has already been coming down to, boosters with lots of money to throw around. Currently, they go through bagmen. Now they can circumvent that afaik.
Basically, a big ol net 0. Like I said, parity left a long time ago.
Basically, a big ol net 0. Like I said, parity left a long time ago.
Posted on 10/29/19 at 1:52 pm to BuckyCheese
quote:
The tax thing is irrelevant.
It won't be irrelevant if they start having to pay taxes on their athletic scholarships. Don't think for one minute that the NCAA and member schools haven't already started thinking of that and in all fairness, they absolutely should.
Not trying to be argumentative. Just stating my opinion and we all know that the NCAA doesn't do anything just to do it. Especially if it doesn't benefit them.
Posted on 10/29/19 at 1:52 pm to I Bleed Garnet
quote:Big markets already have professional sports. They don’t care about college athletics. This will benefit more rural states that have big money boosters and a monopoly on sports entertainment.
People in here used SMU as an example
They said teams in Big Markets will make out huge because of this
Posted on 10/29/19 at 1:52 pm to shel311
quote:
I know you're half joking but those hot chicks can be IG models now with a 300k followers and make money off it and still play their respective sports
No I'm being 100% honest. There's female college athletes that we've never heard of with huge social media followings. Male athletes don't come close in that area.
Posted on 10/29/19 at 1:53 pm to dcrews
quote:
there's really no reason the NBA or NFL should do this.
Worst case scenario for them, they get the super stars a year/3 years laters (NBA/NFL).
Best case, they weed out potential busts that hurt franchises.
Yes I know there are still busts, but at least NBA and NFL scouts have more time to review players.
They could get super physically mature guys like Adrian Peterson out of high school with less mileage on them.
Posted on 10/29/19 at 1:53 pm to wizziko
quote:
No I'm being 100% honest. There's female college athletes that we've never heard of with huge social media followings. Male athletes don't come close in that area.
Hot Female Golfers On Instagram Finna Eat
Posted on 10/29/19 at 1:54 pm to wizziko
quote:
No I'm being 100% honest. There's female college athletes that we've never heard of with huge social media followings. Male athletes don't come close in that area.
There are instathots that make millions of dollars being whores on social media.
Chicks like Paige Spiranac will be so rich while still in college. Average players in chick sports, but 500k followers on social media so Nike or Adidas sponsors them.
Posted on 10/29/19 at 1:54 pm to FairhopeTider
quote:
Hot Female Golfers On Instagram Finna Eat
Yep
Posted on 10/29/19 at 1:55 pm to Rabbs and QStick
quote:I was hoping that poster would explain.
You're naive if you believe this. The good players will still go straight out of high school to Minors in hopes of getting to big leagues in less than 3 years and begin that long 6 year service time process to make it to free agency.
Is he thinking kids coming out of high school that are good at baseball are going to get millions in endorsements, something close to what top draft picks get in signing bonuses?
Posted on 10/29/19 at 1:55 pm to RadarTiger
quote:
Finally I get to play the long awaited game that will 100% be a disappointment
Hopefully they will have unlockable teams. If so, 2003 LSU will be going in dry on some mofos
Posted on 10/29/19 at 1:55 pm to WildManGoose
quote:
That's an odd team to fixate on. Teams like Texas and USC will benefit at the expense of those like Auburn, VT, Clemson, etc.
Yep for Clemson. I wonder if this will come to fruition fast enough to effect our current top recruiting class.
Texas, Texas A&M, USC, Michigan, Ohio State, Penn State and Oregon are fixing to raid the south of some of its best players.
Posted on 10/29/19 at 1:56 pm to beaverfever
quote:
Big markets already have professional sports. They don’t care about college athletics. This will benefit more rural states that have big money boosters and a monopoly on sports entertainment.
Exactly
Imo when this happens.
The rich will just get richer
Posted on 10/29/19 at 1:56 pm to Samso
How long before the women whine because they aren't being compensated nearly as much?
Posted on 10/29/19 at 1:57 pm to 31TIGERS
quote:Right, but not scholarships. You said taxes on scholarships.
What I'm simply saying is that IF the collegiate athletes do indeed start getting paid then they will have to pay taxes on that (whatever payments, endorsements, etc. they get)
quote:I get it now, but in fairness, your first post stated it like it was fact.
Scholarships should be viewed as income as well (my opinion only)
Posted on 10/29/19 at 1:58 pm to CivilTiger83
quote:
Yep for Clemson. I wonder if this will come to fruition fast enough to effect our current top recruiting class.
Texas, Texas A&M, USC, Michigan, Ohio State, Penn State and Oregon are fixing to raid the south of some of its best players.
I think Clemson has already established itself enough
They have 2 titles in the last 3 years and are pumping out first round draft picks
Nike will pay guys at Clemson top dollar to appear in billboards etc
This post was edited on 10/29/19 at 1:58 pm
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