Speaking of tax returns, I hope these athletes

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Dec 7, 2021
4:32:28pm

pappabear246 All-American

are getting tax advice

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pappabear246

Bio page: pappabear246
Joined: Jan 16, 2009
Last login: Jun 16, 2024
Total posts: 4,542 (8 FO)

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Messages

Author

Time

Holy crap. We are going to get smoked in this war.

UNLVcougar

12/7/21 12:46pm

But we’ll be fine among our class (mid level P5s). NIL is a good thing and will be

DieHarder

12/7/21 12:47pm

The next step will be the NCAA requiring schools to show value with NIL deals. As they should.

Turnpike Lane

12/7/21 12:48pm

What determines market value if not the market? And absolutely no way the NCAA gets involved

krindorr

12/7/21 1:02pm

What is the NCAA going to do? Force private companies to open their books?

rad dawg

12/7/21 1:53pm

And after about a 30 second search reporting deals to your school is optional

rad dawg

12/7/21 1:59pm

Speaking of tax returns, I hope these athletes

pappabear246

12/7/21 4:32pm

Gonna spin out of control VERY quickly.

BoiseBlueCoug

12/7/21 12:48pm

Just wait until union lawyers try to get involved

thewaterboy

12/7/21 12:51pm

I wonder how many Ricky Williams and Arian Foster's this will produce

rocklincoug

12/7/21 12:48pm

We don't get those players anyway.

Ted Lasso

12/7/21 12:48pm

That QB from Ohio State that just flipped to Texas sat on the bench and made

AF_Puma

12/7/21 12:49pm

I think that is who the OP is about right?

BYUfan92

12/7/21 3:25pm

You're right. I didn't remember his name and quote sounded like "if" he went to

AF_Puma

12/7/21 9:28pm

I was just trying to remember which schools that involved so thanks

pappabear246

12/7/21 5:43pm

And all we could get Kingsley was a sponsorship from an unknown solar company?

Schultz is back

12/7/21 12:49pm

This was always inevitable. We will never compete with Texas in booster money

Hotlanta

12/7/21 12:57pm

That's ok, as soon as I win the lottery BYU

pappabear246

12/7/21 5:44pm

So basically the schools can’t pay the athletes, but the boosters can. I guess

kmcougar

12/7/21 12:49pm

That is exactly what will happen. They no longer have to hide in the bushes.

AF_Puma

12/7/21 12:54pm

That's because no rules were set in place

pappabear246

12/7/21 5:46pm

Who's going to set rules? NIL finally came into being because the Supreme Court

Megamind

12/7/21 7:50pm

I am under the impression that

pappabear246

12/7/21 8:42pm

They can’t regulate the athletes ability to make money

Charles Darwin

12/7/21 8:48pm

From the Boston Globe

pappabear246

12/7/21 8:56pm

Call it what you want

Charles Darwin

12/7/21 9:09pm

A vaguely stated opinion? I dare you to come up with one rule that would

Megamind

12/7/21 9:14pm

If that is the case, I worry about the future

pappabear246

12/7/21 9:20pm

Here's the reason the NCAA isn't going to provide any limitations or oversight: Treble damages

krindorr

12/8/21 6:10am

In the end we will be better off. We already did not compete with Texas.

Baron

12/7/21 12:49pm

Nobody sees this point but its very relevant.

rad dawg

12/7/21 12:54pm

Personally I think its dumb to invest so much into unproven talent

Avery

12/7/21 12:50pm

Especially after he transfers again. Boosters will figure it out. NIL should be spread more evenly, and to known talent

Turnpike Lane

12/7/21 12:51pm

You guys don't honestly think these deals aren't contingent on performance, do

Megamind

12/7/21 8:04pm

When Texas pays him 10M and he doesn't get drafted (Rattler) will others follow?

ochobeeguy

12/7/21 12:52pm

This kid sounds like a great teammate

thewaterboy

12/7/21 12:52pm

BYU fans:

Mountain Rat

12/7/21 12:52pm

Didn’t he already get $1mm from Ohio state? He probably asked for more, didn’t get it, so now he’s transferring to get

RdF3

12/7/21 12:53pm

He got 1mil from a marketing firm not tied to Ohio state.

BYUheaven

12/7/21 2:34pm

Meh, it’s not like he was coming to BYU anyway. And as time goes by I think boosters will realize the ROI for that kind

Odysseus

12/7/21 12:53pm

This. Boosters either spend money on facilities or busts.

jrifkin48

12/7/21 12:55pm

We were never going to get those kind of guys anyways.

Nuke

12/7/21 12:53pm

Things haven't really changed. The big blue bloods will continue to get the big

LiveCoug

12/7/21 12:54pm

I think it’s funny that people didn’t see this coming

Jericho

12/7/21 12:58pm

Built Bar rethinks their position:

Mountain Rat

12/7/21 1:09pm

Correction: we are already smoking Utah in this war

elderyoda

12/7/21 1:08pm

It will play itself out. Once companies lose big money on kids who don't pan

Romex

12/7/21 1:17pm

Phil Knight has net worth of $62B. That means he gets $3B/yr just in interest

krindorr

12/7/21 1:28pm

That’s fine, doesn’t mean they pan out, they still are limited to # of spots

Romex

12/7/21 1:31pm

True...unless someone sets a precedent to pay walk-ons too

krindorr

12/7/21 1:43pm

Not all his money is earning interest, I am sure much of his net worth is Nike Stock

JOPE

12/8/21 10:26am

Yeah, but the value of Nike stock goes up 20+% each year so he's actually getting more passive income the more he has

krindorr

12/8/21 10:48am

No we wont. Texas and dozen or so others have the fanbases to run wild, but BYU

Thrill

12/7/21 1:28pm

People said that same thing when NIL was announced, and look at where we are. BYU has set the trends

Bob Vance

12/7/21 1:43pm

Each team regardless of resources can only field 11 players at a time

fatcracker

12/7/21 1:48pm

That's why you see all the NFL backups leave and join the CFL or other leagues right? More playing time, less $

krindorr

12/7/21 2:15pm

Most college players hope to play in the NFL and know they have to play

fatcracker

12/7/21 2:26pm

Not really. You’ll see the talented players flow from lesses programs into

Bluedomination

12/7/21 2:55pm

I won't pay money to watch a million-dollar salaried college athlete, EVER

BYUFootballRocks1

12/7/21 2:18pm

I’ve contended this would be a huge problem for BYU competing nationally

jpal1397

12/7/21 2:54pm

They have always been getting more money to go to these schools than BYU was

Charles Darwin

12/7/21 3:25pm

College sports are now pro sports

wilsdad

12/7/21 3:39pm

The market will adjust. If guys like this flop, the money will slow down.

Mjolnir

12/7/21 5:17pm

Getting high quality ***, **** and occasional ***** >> 1 or 2 top recruits.

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