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re: Now with NIL shouldn’t athletes pay tuition and housing?
Posted on 7/2/21 at 8:23 pm to I B Freeman
Posted on 7/2/21 at 8:23 pm to I B Freeman
I just hope they have a team CPA that will help them with taxes. IRS finna eat.
1
Posted on 7/2/21 at 8:26 pm to TigerLunatik
quote:
How do you think the backup center or the nickle back are gonna profit from this?
Not sure about those examples, but I could see companies starting a relationship with a backup with potential in order to have him in the portfolio going forward. Not sure what that would be worth.
Posted on 7/2/21 at 8:28 pm to bwallcubfan
quote:
I just hope they have a team CPA that will help them with taxes. IRS finna eat.
Scholarships are already taxed but there are rules to that, so most of them already probably file taxes.
Posted on 7/2/21 at 8:34 pm to I B Freeman
Somehow each new iteration of this thread is dumber than the last one.
Suggesting the NCAA prohibit athletic scholarships is dumb. Suggesting schools punish themselves by choosing not to offer athletic scholarships is dumber.
Suggesting the NCAA prohibit athletic scholarships is dumb. Suggesting schools punish themselves by choosing not to offer athletic scholarships is dumber.
Posted on 7/2/21 at 8:35 pm to TigerLunatik
quote:. What about $1 each for 10,000 signatures?
No one is getting paid $10k for a signature, not even the best players in the world.
Posted on 7/2/21 at 8:48 pm to GRTiger
quote:
Somehow each new iteration of this thread is dumber than the last one.
Suggesting the NCAA prohibit athletic scholarships is dumb. Suggesting schools punish themselves by choosing not to offer athletic scholarships is dumber.
Yeah, its kind of confusing what he is even getting at.
The NCAA can't even prohibit extra "educational benefits", let alone scholarships. (see USSC decision last week)
Posted on 7/2/21 at 8:49 pm to I B Freeman
Absolutely. If you're the president of a university. You should go ahead and decide that student athletes will not longer receive scholarships. You have that right
Just don't feel surprised when all of your top recruits decides to go to rival schools who are offering scholarships still.
Just don't feel surprised when all of your top recruits decides to go to rival schools who are offering scholarships still.
Posted on 7/2/21 at 8:54 pm to I B Freeman
quote:
Recruiting is just going to turn into which school can find the most NIL sponsors and dollars should the schools even give scholarships?
You just keep missing the point. The Universities aren't out a plug nickel here. Their return is exactly as it has been for well over 125 years of college football. Kids get a free education and the Universities and ESPN continue to get filthy rich off football games.
Posted on 7/2/21 at 9:05 pm to I B Freeman
quote:
every major program will find a way to offer ever player a minimum NIL deal.
Posted on 7/2/21 at 9:35 pm to I B Freeman
quote:
There is nothing to keep TAF, for example, from licensing the water boy’s likeness. Nothing to keep the Birmingham Gridiron Club from making sure ever Ba recruit gets a minimum $10,000 NIL deal. On and on
Yes, there literally is. Schools athletic department fundraising arms, directly affiliated with the school, cannot pay players.
Players are signing deals with COMPANIES, not with schools or athletic departments. The athletic department/ school loses literally zero dollars from this. It's the exact same thing as a regular student with an academic scholarship having a job.
You have no idea what you're talking about. Do maybe 30 minutes of reading on the topic and all of your questions will be answered.
Posted on 7/2/21 at 9:41 pm to PP7 for heisman
quote:
Schools athletic department fundraising arms, directly affiliated with the school, cannot pay players.
True, but where is the enforcement and penalty portion of it? It doesn't exist in the law.
Of course, third parties can do it, just not boosters.
Also, the contract could be for performance, not there NIL.
quote:
D. A post secondary education institution shall not use an athletic booster to, nor shall an athletic booster, directly or indirectly, create or facilitate1 compensation opportunities for the use of an intercollegiate athlete's name, image, or likeness as a recruiting inducement or as a means of paying for athletics participation.
There is nothing in there stopping them for paying for performance.
I see nothing in the law...
1. that restricts third parties, generally speaking other than employees and agents
2. a school is not restricted for paying for performance only their NIL
3. a booster is not restricted for paying for performance only their NIL
4. there is no real enforcement agency nor any penalties in the law
5. the law only take effect if the school implements rules, it says they shall but it doesn't say when
Its pay to play.
This post was edited on 7/2/21 at 9:48 pm
Posted on 7/2/21 at 9:43 pm to Simplemaaan
quote:
It’s pro football without salary cap
Are you under the impression pros are capped on sponsorships
Posted on 7/2/21 at 9:46 pm to GeauxFightingTigers1
quote:
There is nothing in there stopping them for paying for performance.
I'm pretty sure every school/state has prohibited paying for performance.
Posted on 7/2/21 at 9:49 pm to PP7 for heisman
quote:
I'm pretty sure every school/state has prohibited paying for performance.
Maybe a school has a rule, but if they write the rule... its of no real value. I have never heard of a State law, but you are free to show me. Even if the players broke the rule, the most that could happen is the school withdraws the scholarship. The player than just transfers to another school, that won't change the eligibility.
Its pay to play, either from third parties and maybe even from the school. In states where there is no law, they are free to pay their players. Also of note, the law only entails schools which receive state aid.
- I generally see nothing wrong with a third party paying a player to sign with a school or transferring.
- I generally see nothing wrong with a third party paying a high school player to sign with a school
- I could go on and on, its pay to play. Even the stuff about inducement is written poorly... its says stuff like NIL but not performance.
There is no real enforcement nor penalties either, not really.
This post was edited on 7/2/21 at 10:04 pm
Posted on 7/2/21 at 9:56 pm to I B Freeman
So what happens when the running back and quarterback are making all the cash while not one single offensive lineman can find a deal. Are they just going to let that happen or are they going to just not block and watch them get injured? Jealousy will quickly destroy a locker room .
This post was edited on 7/2/21 at 9:57 pm
Posted on 7/2/21 at 10:05 pm to I B Freeman
quote:
In five years ever major program will find a way to offer ever player a minimum NIL deal. How are they going to get them otherwise??
When another poster called you dumb in response to the OP I thought that was kind of harsh. Each time you post subsequently makes me think maybe it wasn't.
Posted on 7/2/21 at 10:06 pm to I B Freeman
quote:Holy shite. How much do y'all hate college kids earning a little bit of spending money?
Now with NIL shouldn’t athletes pay tuition and housing?
Posted on 7/2/21 at 10:07 pm to PP7 for heisman
PP7, let me show you more for an example.
Can I pay a High School player to $1m to sign with LSU on signing day? Yup.
- the law only covers enrolled players at the college receiving state aid
- the law only pertains to NIL, not performance
- the law generally only covers restrictions like those with the schools, employees and boosters
Pay to play.
LSU could pay their recruits money to sign on the dotted line and they would not be in violation of Louisiana law.
Can I pay a High School player to $1m to sign with LSU on signing day? Yup.
- the law only covers enrolled players at the college receiving state aid
- the law only pertains to NIL, not performance
- the law generally only covers restrictions like those with the schools, employees and boosters
Pay to play.
LSU could pay their recruits money to sign on the dotted line and they would not be in violation of Louisiana law.
This post was edited on 7/2/21 at 10:08 pm
Posted on 7/2/21 at 10:09 pm to I B Freeman
You mean like China should still be paying tariffs and penalties for Wuhan Flu?
Posted on 7/2/21 at 10:10 pm to GeauxFightingTigers1
quote:
Can I pay a High School player to $1m to sign with LSU on signing day? Yup.
- the law only covers enrolled players at the college receiving state aid
- the law only pertains to NIL, not performance
- the law generally only covers restrictions like those with the schools, employees and boosters
Pay to play.
LSU could pay their recruits money to sign on the dotted line and they would not be in violation of Louisiana law.
The law explicitly states you cannot pay a prospective student athlete.
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