Another domino has fallen NIL

[appdaze]

Remember that old thing mom and dad used to say? "Be careful what you wish for". I read so many times about how NIL was great and the Portal was only fair. Well here we are.

Well....they are fair. That's the thing, this is how the open market the rest of the employees get to work in. It's not pretty. It's cutthroat. It's just playing out in front of us with something we hold an emotional attachment to instead of the meeting rooms and offices of the corporate world. I'm not going to call it great.....but I can't argue that it's more fair to have the opportunity to get paid.

[bcoach]

Remember that old thing mom and dad used to say? "Be careful what you wish for". I read so many times about how NIL was great and the Portal was only fair. Well here we are.

Well....they are fair. That's the thing, this is how the open market the rest of the employees get to work in. It's not pretty. It's cutthroat. It's just playing out in front of us with something we hold an emotional attachment to instead of the meeting rooms and offices of the corporate world. I'm not going to call it great.....but I can't argue that it's more fair to have the opportunity to get paid.

But they are not employees. They are people who are getting to play a sport and getting a gift to boot. Now when they are paying taxes on what is now a gift we can call them employees. Right now they have the best of both worlds on our dime.

[appdaze]

Remember that old thing mom and dad used to say? "Be careful what you wish for". I read so many times about how NIL was great and the Portal was only fair. Well here we are.

Well....they are fair. That's the thing, this is how the open market the rest of the employees get to work in. It's not pretty. It's cutthroat. It's just playing out in front of us with something we hold an emotional attachment to instead of the meeting rooms and offices of the corporate world. I'm not going to call it great.....but I can't argue that it's more fair to have the opportunity to get paid.

But they are not employees. They are people who are getting to play a sport and getting a gift to boot. Now when they are paying taxes on what is now a gift we can call them employees. Right now they have the best of both worlds on our dime.

NIL money is already taxed. It's not pre taxed in any way either so it's all on the player to understand what to so unless the athletic program guides them.

[bcoach]

Remember that old thing mom and dad used to say? "Be careful what you wish for". I read so many times about how NIL was great and the Portal was only fair. Well here we are.

Well....they are fair. That's the thing, this is how the open market the rest of the employees get to work in. It's not pretty. It's cutthroat. It's just playing out in front of us with something we hold an emotional attachment to instead of the meeting rooms and offices of the corporate world. I'm not going to call it great.....but I can't argue that it's more fair to have the opportunity to get paid.

But they are not employees. They are people who are getting to play a sport and getting a gift to boot. Now when they are paying taxes on what is now a gift we can call them employees. Right now they have the best of both worlds on our dime.

NIL money is already taxed. It's not pre taxed in any way either so it's all on the player to understand what to so unless the athletic program guides them.

But they are not taxed on the gift of a scholarship. So either they are not employees or they are guilty of income tax evasion.

[appdaze]

Remember that old thing mom and dad used to say? "Be careful what you wish for". I read so many times about how NIL was great and the Portal was only fair. Well here we are.

Well....they are fair. That's the thing, this is how the open market the rest of the employees get to work in. It's not pretty. It's cutthroat. It's just playing out in front of us with something we hold an emotional attachment to instead of the meeting rooms and offices of the corporate world. I'm not going to call it great.....but I can't argue that it's more fair to have the opportunity to get paid.

But they are not employees. They are people who are getting to play a sport and getting a gift to boot. Now when they are paying taxes on what is now a gift we can call them employees. Right now they have the best of both worlds on our dime.

NIL money is already taxed. It's not pre taxed in any way either so it's all on the player to understand what to so unless the athletic program guides them.

But they are not taxed on the gift of a scholarship. So either they are not employees or they are guilty of income tax evasion.

Scholarships are considered a non taxed income as long as it is spent purely on education and educational needs. Just because something isn't taxed doesn't meant it's not part of a person's income. If scholarships fell under the gift category then students would get demolished on taxes.

I'm not going to go down this rabbithole though because those thay are convinced student athletes should just accept their "gift" and move on while their student friends who are also on "gift" scholarships are free to make all the money they want then there isn't anything I can say to convince you otherwise.

[appst89]

I’m perfectly okay with NIL. Pay to play is not NIL.

Coaches leave, but they have contracts with buyout clauses. Players leave with no consequence. Not the same. If players are going to get paid then they need contracts.

[AppSt94]

Well....they are fair. That's the thing, this is how the open market the rest of the employees get to work in. It's not pretty. It's cutthroat. It's just playing out in front of us with something we hold an emotional attachment to instead of the meeting rooms and offices of the corporate world. I'm not going to call it great.....but I can't argue that it's more fair to have the opportunity to get paid.

But they are not employees. They are people who are getting to play a sport and getting a gift to boot. Now when they are paying taxes on what is now a gift we can call them employees. Right now they have the best of both worlds on our dime.

NIL money is already taxed. It's not pre taxed in any way either so it's all on the player to understand what to so unless the athletic program guides them.

But they are not taxed on the gift of a scholarship. So either they are not employees or they are guilty of income tax evasion.

Scholarships are considered a non taxed income as long as it is spent purely on education and educational needs. Just because something isn't taxed doesn't meant it's not part of a person's income. If scholarships fell under the gift category then students would get demolished on taxes.

I'm not going to go down this rabbithole though because those thay are convinced student athletes should just accept their "gift" and move on while their student friends who are also on "gift" scholarships are free to make all the money they want then there isn't anything I can say to convince you otherwise.

$10 an hour at a part time job isn’t going to net you $30k a year. Let alone $1.5 million.

[appdaze]

But they are not employees. They are people who are getting to play a sport and getting a gift to boot. Now when they are paying taxes on what is now a gift we can call them employees. Right now they have the best of both worlds on our dime.

NIL money is already taxed. It's not pre taxed in any way either so it's all on the player to understand what to so unless the athletic program guides them.

But they are not taxed on the gift of a scholarship. So either they are not employees or they are guilty of income tax evasion.

Scholarships are considered a non taxed income as long as it is spent purely on education and educational needs. Just because something isn't taxed doesn't meant it's not part of a person's income. If scholarships fell under the gift category then students would get demolished on taxes.

I'm not going to go down this rabbithole though because those thay are convinced student athletes should just accept their "gift" and move on while their student friends who are also on "gift" scholarships are free to make all the money they want then there isn't anything I can say to convince you otherwise.

$10 an hour at a part time job isn’t going to net you $30k a year. Let alone $1.5 million.

Correct, but at least those students get that opportunity. While most make that $10 an hour there are a few that latch on to high end research or run their own businesses while in undergrad and make a lot of money. Those are few and far between across the nation, but the same goes for the million dollar NIL deals.

Whether it's 10 an hour or 1 mil a year, it's still the ability to earn off your labor.

[AppSt94]

NIL money is already taxed. It's not pre taxed in any way either so it's all on the player to understand what to so unless the athletic program guides them.

But they are not taxed on the gift of a scholarship. So either they are not employees or they are guilty of income tax evasion.

Scholarships are considered a non taxed income as long as it is spent purely on education and educational needs. Just because something isn't taxed doesn't meant it's not part of a person's income. If scholarships fell under the gift category then students would get demolished on taxes.

I'm not going to go down this rabbithole though because those thay are convinced student athletes should just accept their "gift" and move on while their student friends who are also on "gift" scholarships are free to make all the money they want then there isn't anything I can say to convince you otherwise.

$10 an hour at a part time job isn’t going to net you $30k a year. Let alone $1.5 million.

Correct, but at least those students get that opportunity. While most make that $10 an hour there are a few that latch on to high end research or run their own businesses while in undergrad and make a lot of money. Those are few and far between across the nation, but the same goes for the million dollar NIL deals.

Whether it's 10 an hour or 1 mil a year, it's still the ability to earn off your labor.

Which is the point of NIL. The rules around athlete employment are antiquated and in today’s world of social media, it’s easier to capitalize on that notoriety. However, the lack of guardrails artificially inflates the market by allowing donors to pay kids to play.

[bcoach]

NIL money is already taxed. It's not pre taxed in any way either so it's all on the player to understand what to so unless the athletic program guides them.

But they are not taxed on the gift of a scholarship. So either they are not employees or they are guilty of income tax evasion.

Scholarships are considered a non taxed income as long as it is spent purely on education and educational needs. Just because something isn't taxed doesn't meant it's not part of a person's income. If scholarships fell under the gift category then students would get demolished on taxes.

I'm not going to go down this rabbithole though because those thay are convinced student athletes should just accept their "gift" and move on while their student friends who are also on "gift" scholarships are free to make all the money they want then there isn't anything I can say to convince you otherwise.

$10 an hour at a part time job isn’t going to net you $30k a year. Let alone $1.5 million.

Correct, but at least those students get that opportunity. While most make that $10 an hour there are a few that latch on to high end research or run their own businesses while in undergrad and make a lot of money. Those are few and far between across the nation, but the same goes for the million dollar NIL deals.

Whether it's 10 an hour or 1 mil a year, it's still the ability to earn off your labor.

If we want to talk about opportunity then let's talk about trainers. They don't have the opportunity as they put in more hours than the players. On top of that they don't get scholarships. They pay their own tuition and get none of the players benifits, for the opportunity to put in all those hours. So lack of opportunity just does not cut it. This thing started on the false premise of players making all this money for the universities and they didn't get a share. Well then to be fair they should get a share of the profits made. How much would have been in that pool for us this year?

[Stonewall]

Athletics revenues doesn’t cover costs.

[AppWyo]

This entire deal is a lot like people saying, "I do not like brown nosers.", when what they are really saying is "I do not like people that are better brown nosers than I am."

you and Jcline try to one up each other in stupid sayings..... All this money was NOT present before. There was money present but not in this abundance (that's just an excuse people are using to justify it). Take Reggie Bush. Yeah he got some cash to play at USC but imagine the money he would have gotten under this system. It's apples and oranges. If you want to have a level playing field then there has to be a limit. If you could careless and want different tiers, guess what....still has to be some limit to set the tiers. To your point about letting them spend the money. These athletes are athletes for a reason. Pressure is what they thrive on (or should be). They'll go wherever they can make bank regardless of the outcome. Money talks. I've held onto to a crappy job because of good money.

If this money was not already there, then where did it come from?

[bcoach]

Athletics revenues doesn’t cover costs.

My point exactly.

[Stonewall]

I know.

[Bigdaddyg1]

Just read that the House is close to approving the salary cap deal for the NCAA. I’m sure it’s been mentioned or discussed either on this thread or many others but bottom line how much (realistically) can App State really afford to pay our athletes? Obviously we don’t have $20m a year to cough up but is there a number? Is there really any surplus each year? I thought I’ve read that we basically break even or lose money. If this bill passes does that basically create a glorified FCS again with schools at our level in size and budget simply hoping to compete with athletes who simply appreciate the scholarship? Seems like it’s getting back to hoping to find that overlooked guy who now might stay a year.

[fjblair]

A salary cap is like trying to bail the Titanic with a bucket. That's all she wrote folks.

[t4pizza]

I haven't read the entire settlement yet as it is not official yet but my understanding is the 20 million is a total amount of revenue sharing between all sports. Ohio State paid more than that in NIL alone this past season. There is talk that once the revenue sharing is in place, that NIL will truly be regulated to make sure it is fair compensation for commercial value and NOT pay for play. If, and this is a huge if, the powers that be truly regulated and enforce NIL then this may not be nearly as bad for App as I was thought. I assume most large schools will spend the vast majority of that 20 million on their revenue sports, so the non revenues will most likely get very little besides scholarships. I am not sure how much extra will be left over each season to poach the G5 teams as schools are going to have to take care of their own. It may lessen the amount of poaching simply because the spigot will be significantly reduced and monitored. There is a huge increase in the scholarship levels of many non revenue sports (and football up to 100), baseball and wrestling would impact us the most as now schools will be able to give full rides to almost triple the amount of kids that are currently allowed. This will hurt because even without worrying about NIL competition, I am not sure we can afford 30 full rides in baseball and wrestling. So we will most likely lose some depth in both sports based on that. If we can find a way to fund the extra scholarships, we may not suffer as much as we currently do or as much as I was anticipating. That is all based on effective monitoring and enforcing of NIL.

[bcoach]

I haven't read the entire settlement yet as it is not official yet but my understanding is the 20 million is a total amount of revenue sharing between all sports. Ohio State paid more than that in NIL alone this past season. There is talk that once the revenue sharing is in place, that NIL will truly be regulated to make sure it is fair compensation for commercial value and NOT pay for play. If, and this is a huge if, the powers that be truly regulated and enforce NIL then this may not be nearly as bad for App as I was thought. I assume most large schools will spend the vast majority of that 20 million on their revenue sports, so the non revenues will most likely get very little besides scholarships. I am not sure how much extra will be left over each season to poach the G5 teams as schools are going to have to take care of their own. It may lessen the amount of poaching simply because the spigot will be significantly reduced and monitored. There is a huge increase in the scholarship levels of many non revenue sports (and football up to 100), baseball and wrestling would impact us the most as now schools will be able to give full rides to almost triple the amount of kids that are currently allowed. This will hurt because even without worrying about NIL competition, I am not sure we can afford 30 full rides in baseball and wrestling. So we will most likely lose some depth in both sports based on that. If we can find a way to fund the extra scholarships, we may not suffer as much as we currently do or as much as I was anticipating. That is all based on effective monitoring and enforcing of NIL.

I see no way on earth it can be regulated. How are you going to do that? As far as revenue sharing we don't have any to share.

[t4pizza]

I haven't read the entire settlement yet as it is not official yet but my understanding is the 20 million is a total amount of revenue sharing between all sports. Ohio State paid more than that in NIL alone this past season. There is talk that once the revenue sharing is in place, that NIL will truly be regulated to make sure it is fair compensation for commercial value and NOT pay for play. If, and this is a huge if, the powers that be truly regulated and enforce NIL then this may not be nearly as bad for App as I was thought. I assume most large schools will spend the vast majority of that 20 million on their revenue sports, so the non revenues will most likely get very little besides scholarships. I am not sure how much extra will be left over each season to poach the G5 teams as schools are going to have to take care of their own. It may lessen the amount of poaching simply because the spigot will be significantly reduced and monitored. There is a huge increase in the scholarship levels of many non revenue sports (and football up to 100), baseball and wrestling would impact us the most as now schools will be able to give full rides to almost triple the amount of kids that are currently allowed. This will hurt because even without worrying about NIL competition, I am not sure we can afford 30 full rides in baseball and wrestling. So we will most likely lose some depth in both sports based on that. If we can find a way to fund the extra scholarships, we may not suffer as much as we currently do or as much as I was anticipating. That is all based on effective monitoring and enforcing of NIL.

I see no way on earth it can be regulated. How are you going to do that? As far as revenue sharing we don't have any to share.

I agree that we, and many other schools, don't have revenue for sharing. I think that is one of the reasons that App brought NIL(ish) contributions in house, so that they can be used as a revenue share. As far as enforcement, there is talk at the Power level of making a clearing house (outsourcing) where every NIL deal in excess of $600 has to be reported and it is scrutinized. Now this won't stop unlawful giving but if there are teeth put into the agreement to outsource the enforcement and schools that are caught not reporting the NIL deals are appropriately punished then maybe things get better. Again, there are a lot of "ifs and buts" for this to actually work. I will say that I do wonder if some of the big time donors in NIL don't desire for some regulation because it has to hurt giving millions with little to brag about in return and not being able to deduct the money. Whereas, if NIL is regulated and enforced properly, those donors get to give directly to the schools again and get the significant tax benefit and don't constantly feel like players are renegotiated every semester. I am skeptical but trying to see this in a way that won't hurt us as much as I previously thought.

[AppWyo]

Everyone is talking about NIL and the Transfer Portal, but what might be really driving all of this is Legal Sports Gambling.