I wonder what impact that might have on NIL operations and activity?

Apr 24, 2024
7:59:39pm

LeGrandBleu All-American

If donors receive no tax incentive, some might be less likely to participate.

If NIL collectives are taxed, that might open up their books to public scrutiny.

This message has been modified

Originally posted on Apr 24, 2024 at 7:59:39pm

Message modified by LeGrandBleu on Apr 24, 2024 at 8:00:43pm

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LeGrandBleu

Previous username: NewMexiCoug
Bio page: LeGrandBleu
Joined: May 2, 2001
Last login: May 3, 2024
Total posts: 12,691 (0 FO)

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Messages

Author

Time

This is not new news by any stretch, but had an interesting conversation with

Duke Silver

Apr 24, 3:52pm

Theoretically, NIL is supposed to be completely disconnected from the school.

NWCoug

Apr 24, 3:56pm

Just go through cougconnect. They aren't affiliated with the university

Mostlyaccurate

Apr 24, 3:58pm

They have to have money to pay players.

molodyets

Apr 24, 9:44pm

Not anymore. NCAA isn’t really going to be enforcing anything.

byuTX

Apr 24, 4:37pm

But the IRS might.

LeGrandBleu

Apr 24, 5:39pm

Not if proper taxes are paid

byuTX

Apr 24, 6:40pm

I believe that is the point. The IRS doesn’t think they are. NIL entities that

LeGrandBleu

Apr 24, 7:15pm

I’m talking about paying them going forward.

byuTX

Apr 24, 7:58pm

I wonder what impact that might have on NIL operations and activity?

LeGrandBleu

Apr 24, 7:59pm

I should be able to reach out and hire the Name or image independent of what

bald man

Apr 24, 3:58pm

You can. And they can’t stop you.

Sandstone Cougar

Apr 24, 4:01pm

But they can cut the player from scholarship for HC rules.

ordinary tri guy

Apr 24, 4:06pm

there is HC rule for nil? what?

bald man

Apr 24, 4:08pm

Sure there is… they dont want someone taking an NIL deal with Budweiser

ordinary tri guy

Apr 24, 4:42pm

What I think is funny/odd is I don't see ANY promotions with players.

Madam Pattirini

Apr 25, 10:13am

Sure. I suppose if a player enters an NIL deal with Pornhub or Hamas, the school could do that.

Sandstone Cougar

Apr 24, 4:17pm

Or take on flashy, high dollar. IL deals not approved. As I understand all NIL

ordinary tri guy

Apr 24, 4:26pm

They'll never reject an HC compliant deal. Lawsuit waiting to happen if they do

rad dawg

Apr 24, 10:51pm

Utah passed a law this session to prevent NIL deals with porn, alcohol companies

CougarBack

Apr 25, 6:58am

"testimony of the truthfulness" - do we have 3 witnesses yet?

Henry45-70

Apr 24, 3:59pm

We need to let our boosters go all in, or it's not really worth "competing," IMO

Yucatan

Apr 24, 4:08pm

The bigger issue is they want money being distributed equally which has caused

ordinary tri guy

Apr 24, 4:08pm

Which they have every right to do with AD donations, but not with private NIL.

NWCoug

Apr 24, 5:20pm

THIS is the biggest issue...BYU is concerned about being sideways with title IX

coot20

Apr 24, 5:33pm

No it isn't. NIL is outside of direct control by the schools...

Les IsMore

Apr 24, 10:15pm

BoT is being dumb. Best to operate outside of them and work directly with

JoeExotic

Apr 25, 1:49am

I get not wanting to simply outbid everyone else for big transfers/recruits,

thewaterboy

Apr 24, 4:20pm

I would like Ben Criddle to research this and talk with a representative from

kC Cougar

Apr 24, 4:55pm

The numbers in the post are baseline guarantees for every player.

molodyets

Apr 24, 9:45pm

I've heard the money is much bigger...especially for some of the bball recruits

Stucoug83

Apr 24, 5:12pm

The money is much more than 50k especially basketball and football….

Cougar86

Apr 24, 5:24pm

The school can’t limit what $ amounts players are payed for NIL.

ImuaKahuku

Apr 24, 5:24pm

Carnac reported that the IRS had NIL in its sights. BYU seems to understand the

LeGrandBleu

Apr 24, 5:43pm

Patti Edwards said NIL would destroy college sports. Unfortunately, she …

combblai

Apr 24, 5:50pm

We all said that.

coolblue

Apr 24, 6:41pm

Your source is mistaken

Elvis

Apr 24, 5:55pm

My argument against NIL: It’s too mercenary/leads to massive selfishness.

BleedCougarBlue2

Apr 24, 6:16pm

We've also always heard how conservative BYU was in coaching salaries, and they

osbooks

Apr 24, 8:14pm

Multiple BYU sources say the reported contract details are exaggerated and …

combblai

Apr 24, 9:41pm

Really reliable report...not. You heard through "someone" what "we all know"...

Jasbo

Apr 24, 10:10pm

Holmoe and BOT have nothing to do with NIL. It’s completely separate from school

zerome4sooners

Apr 25, 4:48am

This doesn’t sound right. Once a student is here BYU really couldn’t do much

davidmj10

Apr 25, 8:27am

Can’t Cougconnect in theory pay football players more , if they get those funds?

I'mBatman

Apr 25, 9:59am

My understanding is players have to choose… RBC or CougConnect.

Cougar86

Apr 25, 10:03am

That's messy.

Madam Pattirini

Apr 25, 10:15am

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