Alabama QB Bryce Young Has Earned Close to '7 Figures' in NIL Deals
- Thread starter Knight Shift
- Start date
It’s going to become an end game of who has the largest payroll. That one aspect will trump all others. Be it top 25 or teams #26-#65. How’s the fishing in Arkansas on fall Saturday’s? That might become more fun and interesting.
I didn't think I was going to be able to say "I told you so" in less than a month. How are Geo's tshirt sales going? LOL
Yes. He’s signed with CAA.
This is professional sports folks. Should he still be getting a scholarship?
Likewise. And people were arguing there was no way this was possible.
You thought Alabama’s recruiting was amazing before. We ain’t seen nothing yet.
What if Bryce Young loses the starting QB job at Alabama, or gets hurt and is out for the season? Does he still cash in on his NIL deal?
And to think that two weeks ago we were surprised that two Miami players were getting 20K each.
Recruits getting NIL deals on signing day is the next chapter. Does anyone think that Kentucky is conceding Wimsatt to RU?
need to change the tax structure and the way schools benefit or a semi pro league needs to be created. this is nuts and is going to kill collegiate sports
Want to see people go nuts, have IRS or tax legislation classify college sports as subject to UBIT (unrelated business income tax) .
they should and also any endowment over 1billion ought to change the tax structure. Need to see some major changes in multiple areas
I'm being serious. I'm not making a value judgement on NIL. The question is posed with the current situation solidified. We operate in it or we don't. But the crux of it is...do you want to win? Its rhetorical, you don't have to answer.
There is already a tax on endowments, although the threshold is high enough so that basically only the Ivies, Stanford, Duke, Williams, Amherst and MIT are affected. Actually Sen. Grassley had an interesting idea about 15 years ago that ended up getting shelved because of the Great Recession. He wants to subject universities to the private foundation rule that required 5% of the endowment as valued on the first day of their fiscal year to go towards operating expenses or they would pay an excise tax. The idea was to prevent endowment hoarding.
I'd be much more aggressive and hit them hard on anything over 1 billion not related to ongoing structural/academic investment. Those endowment dollars should be redirected into the school for fees, tuition, research funding etc etc and not to enhance the balance sheet of the enterprise.
As a frequent participant in the car threads I haven't seen anybody, in those threads, bragging or boasting about their socioeconomic status. Especially not for being "rich", whatever that means. Maybe the town or stock threads have more of what you describe, I don't know.
Regardless, this line of reasoning is logically flawed. Just because someone might have hundreds of millions of dollars, it doesn't follow that they must choose spend it on RU FB or else they're somehow being fraudulent. Perhaps they don't value RU FB in the same way you do. That doesn't make them frauds; it makes them someone with different priorities than you.
Perhaps they prefer to donate most or even all their excess money to better causes than college athletics (e.g. funding children's cancer research). Hard to argue that there's anything wrong with their priorities if that were the case.
People should stick to worrying about themselves and not be so troubled by what other people are doing w/their money.
I want RUFB to win for sure. However, it's way down on the list, for me, than, for instance, preventing and curing children getting sick and dying from cancer. So I'm hardly going to condemn fans who prioritize the later over the former.
If that means that, in your mind, I'm not a "true fan", I will have to live with that.
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That I strongly disagree with. First of all $1 billion these days is not a huge amount. One of the purposes of the endowment is a rainy day fund, and with as large as these schools are that's not enough. Second, an endowment can provide a steady revenue stream for operations. That was the basis of Grassley's proposal. Require that revenue stream be directed towards operations and not reinvested to grow the endowment.
Schiano, if he can produce 2006 Louisville games on a regular basis. It is an UPHILL climb with all the pro teams in the area, and as far as NYC is concerned RU is starting at the bottom.
Pretty sure plenty of people here are already "throwing a few K" at RU sports. But everybody, regardless of their income or net worth, is going to prioritize their spending based on their values. Not yours or mine or anybody else's.
Lobby them, if you want. But insulting them (calling them "frauds") or attempting to suggest they aren't "true fans" is probably not going to be a successful strategy for convincing people to give more money to something you prioritize more highly than they might do.
I was talking about who will go to the major NYC/NJ corporations and ask them to help sponsor the players through NIL ( or however that goes) capable of starting to beat Michigan, Ohio State, Penn State on a regular basis?
I agree. But ... this conversation shouldn't be a necessary one. We all celebrated when we entered the b1g. The sober among us also knew what that meant. You're either "All In" on that, or you're not. Let's not pretend to be naive here. We joined this arms race with our eyes wide open. The NIL is something we couldn't predict, but the rest of this is par for the course.
How you want to be a part of this, of course that's entirely up to the individual; I'm not telling you or anybody how to spend their money. But just understand it's put up or shut up time.
Do you spend more of your time going to rutgers games and posting on the the fan site or preventing kids from getting sick ? Seems like an odd and inappropriate analogy for you to make.
Someone who likes getting rejected. It will not happen until they see a current benefit.
There are a lot of unique vehicles for this. An "athletes trust" could be created, taking contributions from individuals and corporations and having an executor make NIL payments in accordance with the goals of the trust. Then, you promote your closeness to the Rutgers Athletes Trust, so it extends to MULTIPLE players, not single individuals. Seems like a no brainer.
Does Alabama have a state income tax? The QB could help fund his own athletic scholarship or those of the Preferred Walk Ons. Or spread the funds around to his linemen.
Unless contributions to the trust qualify as charitable contributions, and you'll need someone with highly specific knowledge to opine on that one, it changes nothing.
I agree with that.
I'm personally waiting to see what options evolve for helping out before making any decisions as to how to help out (or "put up" as you say). My guess is Schiano will have people looking into the coordination of efforts to maximize RU's ability to compete in the NIL world.
Yeah. Well that's not my bag but I'm sure some bright young man/woman here can figure that one out
I don't believe I've expressed any analogies in my responses to you. In any event, you're missing my point.
You are attempting to tell other people how they should prioritize the spending of their money. And you're preemptively insulting those whom you seem to have identified as having lots of money, along with questioning the quality of their "fan" status. This approach seems extremely unlikely to result in anything positive.
If you want to actually do something productive to help, stop telling others how to spend their money, go out and earn more money yourself. Then you can give it all to RU, or to players you want to come to RU, or in any way you think would help. Alternatively, contact the school and offer to volunteer your time working to organize NIL-related efforts to help RU compete. Either course of action is vastly more likely to help than attempting to browbeat "rich" people into adopting your sense of priorities.
Yes, it was a terrible analogy or comparison . You also completely ignored my question to you.
Once again, I will point out that I haven't expressed any analogies.
This isn't about me. I am not the one calling people frauds, questioning people's quality as fans, or attempting to tell others how they should spend their money.
And of course I ignored your question. The questions is (a) rude, (b) irrelevant because none of this is about me, and (c) none of your business how I spend my time (or my money).
Stop telling others what to do and focus on yourself.
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Sadly I'm very afraid you're correct.
I have to wonder if with this development the IRS could consider the value of a scholarship taxable income.
