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Open Football Discussion
College Sports
Transfer portal and NIL Money, how they have changed college sports".
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<blockquote data-quote="Pokerbrat2000" data-source="post: 1031751" data-attributes="member: 7261"><p>Very important point you make here. I will try to just stick to football, for now. <img src="/styles/default/xenforo/smilies/smile.png" class="smilie" loading="lazy" alt=":)" title="Smile :)" data-shortname=":)" /></p><p></p><p>While I don't have actual stats, because I don't know if they actually exist yet, my guess is that a lions share of the NIL money in football, is going to the eventual pro players. Or at least, the REALLY good ones in college, thought to be on a fast track to the NFL. Why is that important? As you allude to and I have to, the so called "dead end college football player" isn't seeing much, if any of this NIL money. So those who argue that NIL is good, because it helps those that don't get a professional football job after college are not really looking at the big picture. </p><p></p><p>Also this whole argument of "the school makes a ton of money, so the players should be paid part of that" isn't valid. NIL money does not come directly from the University, it comes from donors. Donors that are willing to give a certain athlete a certain amount, if said athlete enrolls in a select school and allows the donor to use their likeness or them directly, in promoting something. Basically, "If you hold up this can of Wisconsin Beer, we will pay you $1000."</p><p></p><p>I don't really have any suggestions for "equal distribution of NIL across all the players on a team", since the reason for the 1 contribution is to entice/pay 1 athlete to endorse something. From a tax standpoint, that 1 athlete must pay ordinary income taxes on that amount. The ramifications of "splitting it up" between 89 other players, who did nothing to earn it, is complicated, if even possible. I can imagine the IRS is having fun trying to keep track of that money.</p><p></p><p>I still hope that the NCAA gets smart and caps NIL money per player and per team.</p></blockquote><p></p>
[QUOTE="Pokerbrat2000, post: 1031751, member: 7261"] Very important point you make here. I will try to just stick to football, for now. :) While I don't have actual stats, because I don't know if they actually exist yet, my guess is that a lions share of the NIL money in football, is going to the eventual pro players. Or at least, the REALLY good ones in college, thought to be on a fast track to the NFL. Why is that important? As you allude to and I have to, the so called "dead end college football player" isn't seeing much, if any of this NIL money. So those who argue that NIL is good, because it helps those that don't get a professional football job after college are not really looking at the big picture. Also this whole argument of "the school makes a ton of money, so the players should be paid part of that" isn't valid. NIL money does not come directly from the University, it comes from donors. Donors that are willing to give a certain athlete a certain amount, if said athlete enrolls in a select school and allows the donor to use their likeness or them directly, in promoting something. Basically, "If you hold up this can of Wisconsin Beer, we will pay you $1000." I don't really have any suggestions for "equal distribution of NIL across all the players on a team", since the reason for the 1 contribution is to entice/pay 1 athlete to endorse something. From a tax standpoint, that 1 athlete must pay ordinary income taxes on that amount. The ramifications of "splitting it up" between 89 other players, who did nothing to earn it, is complicated, if even possible. I can imagine the IRS is having fun trying to keep track of that money. I still hope that the NCAA gets smart and caps NIL money per player and per team. [/QUOTE]
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Transfer portal and NIL Money, how they have changed college sports".
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