Keep Joey 2024 - NIL

[bcoach]

1. They are not kids.

2. They are adults.

3. They arr making adult decisions as adults.

4. This is how capitalism works all around you, every day.

A manager gets fired, some employees leave and some lose their jobs with them. A ceo moves companies, some employees follow them. They dont sit out a year. A business goes under or loses a bu ch of money and people lose their jobs. Not an eye is bat by onlookers. But college football players get treated like the capitalist labor force they are and all hell breaks loose.

NIL is a good thing. Lets these young adults make that money while they can, because most wont make the nfl.

If they are truly the capitalist labor force then do they need to pay taxes on scholorship and benifits?

As much as any other scholarship does.

So is that a yes?

[bcoach]

1. They are not kids.

2. They are adults.

3. They arr making adult decisions as adults.

4. This is how capitalism works all around you, every day.

A manager gets fired, some employees leave and some lose their jobs with them. A ceo moves companies, some employees follow them. They dont sit out a year. A business goes under or loses a bu ch of money and people lose their jobs. Not an eye is bat by onlookers. But college football players get treated like the capitalist labor force they are and all hell breaks loose.

NIL is a good thing. Lets these young adults make that money while they can, because most wont make the nfl.

If they are truly the capitalist labor force then do they need to pay taxes on scholorship and benifits?

Also a big difference between our economic system and how we run our sports.

All our major pro leagues are very anti-competitive.

Revenue sharing, salary caps and collective bargaining.

If we took that away all the pro leagues would be dominated by teams in NY and LA.

?

[Rick83]

1. They are not kids.

2. They are adults.

3. They arr making adult decisions as adults.

4. This is how capitalism works all around you, every day.

A manager gets fired, some employees leave and some lose their jobs with them. A ceo moves companies, some employees follow them. They dont sit out a year. A business goes under or loses a bu ch of money and people lose their jobs. Not an eye is bat by onlookers. But college football players get treated like the capitalist labor force they are and all hell breaks loose.

NIL is a good thing. Lets these young adults make that money while they can, because most wont make the nfl.

If they are truly the capitalist labor force then do they need to pay taxes on scholorship and benifits?

As much as any other scholarship does.

So is that a yes?

Generally speaking scholarships are not taxable (there are situations where they can be though). NIL money would be taxable.

[bcoach]

1. They are not kids.

2. They are adults.

3. They arr making adult decisions as adults.

4. This is how capitalism works all around you, every day.

A manager gets fired, some employees leave and some lose their jobs with them. A ceo moves companies, some employees follow them. They dont sit out a year. A business goes under or loses a bu ch of money and people lose their jobs. Not an eye is bat by onlookers. But college football players get treated like the capitalist labor force they are and all hell breaks loose.

NIL is a good thing. Lets these young adults make that money while they can, because most wont make the nfl.

If they are truly the capitalist labor force then do they need to pay taxes on scholorship and benifits?

As much as any other scholarship does.

So is that a yes?

Generally speaking scholarships are not taxable (there are situations where they can be though). NIL money would be taxable.

That is true but if players are to be considered as " labor" why would they not pay taxes on income/scholorships.
The answer is simple. There is no way to consider them as labor.

[spacemonkey]

What makes you say that?

He's got 3,500 yards and 35 tds. Unfortunately, any QB with those numbers is going to get "looks".

I meant if he knew specific programs on the west coast.

Not certain on the intel but I could definitely see WASU air raid since Cam Ward is in the portal. Honestly, it might be a few of them. He's that good.

WASU is in the red and no conference. Not a landing spot. Everything will work out one way or another

I thought you guys were talking about the Yosef's Cabin poster...WASU. I could not figure out what you were talking about. LOL.

[BambooRdApp]

4 is SBC Newcomer the of the Year. Congratulations

[Rick83]

If they are truly the capitalist labor force then do they need to pay taxes on scholorship and benifits?

As much as any other scholarship does.

So is that a yes?

Generally speaking scholarships are not taxable (there are situations where they can be though). NIL money would be taxable.

That is true but if players are to be considered as " labor" why would they not pay taxes on income/scholorships.
The answer is simple. There is no way to consider them as labor.

At the moment players are not considered employees of the university of course; however, that could change at some point. My understanding, based on current law, if they become employees then a portion of the scholarship would become taxable income as well as any direct compensation. Players at private institutions could see a huge tax bill associated with their scholarship benefit if that were to happen. Tax laws are changed regularly so they could make exceptions for this situation of course.

[Rekdiver]

West coast schools are after JA…..

What makes you say that?

He's got 3,500 yards and 35 tds. Unfortunately, any QB with those numbers is going to get "looks".

I meant if he knew specific programs on the west coast.

My person said yes but declined specifics for obvious reasons. He’s good at keeping confidences. 50 year friendship.

[Rekdiver]

With all due respect, the discussion of taxes, employees etc is nice but pointless. We need to find a NILCollective to donate to.

[Appmountaineers19]

West coast schools are after JA…..

What makes you say that?

He's got 3,500 yards and 35 tds. Unfortunately, any QB with those numbers is going to get "looks".

I meant if he knew specific programs on the west coast.

My person said yes but declined specifics for obvious reasons. He’s good at keeping confidences. 50 year friendship.

Here's the other thing. If these schools are contacting JA it's tampering since his name is not in the portal as of yet. If your "source" knows I'm sure the coaching staff is well aware.

[Rick83]

With all due respect, the discussion of taxes, employees etc is nice but pointless. We need to find a NILCollective to donate to.

Most everything said on this board is pointless...

[311neers]

What makes you say that?

He's got 3,500 yards and 35 tds. Unfortunately, any QB with those numbers is going to get "looks".

I meant if he knew specific programs on the west coast.

My person said yes but declined specifics for obvious reasons. He’s good at keeping confidences. 50 year friendship.

Here's the other thing. If these schools are contacting JA it's tampering since his name is not in the portal as of yet. If your "source" knows I'm sure the coaching staff is well aware.

There is no such thing as tampering anymore. There is way too much going on to track tampering.

Duke's QB entered the portal with a "no contact" clause because he already knew where he was going. 3 minutes later he had 5 crystal balls to Notre Dame.
Entering the portal is just a formality now just to say you're in it.

[bcoach]

As much as any other scholarship does.

So is that a yes?

Generally speaking scholarships are not taxable (there are situations where they can be though). NIL money would be taxable.

That is true but if players are to be considered as " labor" why would they not pay taxes on income/scholorships.
The answer is simple. There is no way to consider them as labor.

At the moment players are not considered employees of the university of course; however, that could change at some point. My understanding, based on current law, if they become employees then a portion of the scholarship would become taxable income as well as any direct compensation. Players at private institutions could see a huge tax bill associated with their scholarship benefit if that were to happen. Tax laws are changed regularly so they could make exceptions for this situation of course.

Exactly

[Rekdiver]

I’m waiting for a kid to say “ Beam me up Scotty!”

[Appmountaineers19]

He's got 3,500 yards and 35 tds. Unfortunately, any QB with those numbers is going to get "looks".

I meant if he knew specific programs on the west coast.

My person said yes but declined specifics for obvious reasons. He’s good at keeping confidences. 50 year friendship.

Here's the other thing. If these schools are contacting JA it's tampering since his name is not in the portal as of yet. If your "source" knows I'm sure the coaching staff is well aware.

There is no such thing as tampering anymore. There is way too much going on to track tampering.

Duke's QB entered the portal with a "no contact" clause because he already knew where he was going. 3 minutes later he had 5 crystal balls to Notre Dame.
Entering the portal is just a formality now just to say you're in it.

Most certainly there still is. But do you really want to shine light onto your own house is the question. Any player can reveal the teams if they want but most times it won't happen.

[DenverOfTheEast]

With all due respect, the discussion of taxes, employees etc is nice but pointless. We need to find a NILCollective to donate to.

Contact Noah Hannon - Collective 3333 - base entry to donate is 5k -- they don't want dweebs aka Cabin posters telling them where and who to give the money to -- if you don't have 5k then give 4,999.00 or less to a local church or Food Bank.

#HappyHolidays from #TeamClark

[Rekdiver]

With all due respect, the discussion of taxes, employees etc is nice but pointless. We need to find a NILCollective to donate to.

Contact Noah Hannon - Collective 3333 - base entry to donate is 5k -- they don't want dweebs aka Cabin posters telling them where and who to give the money to -- if you don't have 5k then give 4,999.00 or less to a local church or Food Bank.

#HappyHolidays from #TeamClark

Get a group together, raise $5k and select 1 of the group to hold the seat at the table. I personally don’t need to be involved in any decisions. 10 guys 500 apiece. Just remember what it’s going for.

[MrCraig]

As much as any other scholarship does.

So is that a yes?

Generally speaking scholarships are not taxable (there are situations where they can be though). NIL money would be taxable.

That is true but if players are to be considered as " labor" why would they not pay taxes on income/scholorships.
The answer is simple. There is no way to consider them as labor.

At the moment players are not considered employees of the university of course; however, that could change at some point. My understanding, based on current law, if they become employees then a portion of the scholarship would become taxable income as well as any direct compensation. Players at private institutions could see a huge tax bill associated with their scholarship benefit if that were to happen. Tax laws are changed regularly so they could make exceptions for this situation of course.

If players are ever considered employees of the university they play for is when things will REALLY get interesting. I doubt that will ever happen specifically for the tax reasons.

[Pikapp79]

With all due respect, the discussion of taxes, employees etc is nice but pointless. We need to find a NILCollective to donate to.

Contact Noah Hannon - Collective 3333 - base entry to donate is 5k -- they don't want dweebs aka Cabin posters telling them where and who to give the money to -- if you don't have 5k then give 4,999.00 or less to a local church or Food Bank.

#HappyHolidays from #TeamClark

Get a group together, raise $5k and select 1 of the group to hold the seat at the table. I personally don’t need to be involved in any decisions. 10 guys 500 apiece. Just remember what it’s going for.

It is important to very seriously consider where your donations are going and how they will be used.

[Yosef84]

1. They are not kids.

2. They are adults.

3. They arr making adult decisions as adults.

4. This is how capitalism works all around you, every day.

A manager gets fired, some employees leave and some lose their jobs with them. A ceo moves companies, some employees follow them. They dont sit out a year. A business goes under or loses a bu ch of money and people lose their jobs. Not an eye is bat by onlookers. But college football players get treated like the capitalist labor force they are and all hell breaks loose.

NIL is a good thing. Lets these young adults make that money while they can, because most wont make the nfl.

If they are truly the capitalist labor force then do they need to pay taxes on scholorship and benifits?

Scholarship would be reimbursement of an expense. That wouldn't be taxable.