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re: Loyola Marymount to cut 6 sports in response to NIL
Posted on 1/27/24 at 9:02 am to STATEofMIND
Posted on 1/27/24 at 9:02 am to STATEofMIND
quote:
We all know before all this people did $500 handshakes and cars would mysteriously appear in driveways. With things being “documented” with NIL are the players not having to pay taxes on all this shite? You would think the IRS would be having a hay day with targeting players, schools, a
They are paying taxes on it all
2
Posted on 1/27/24 at 9:09 am to jonnyanony
quote:
They are paying taxes on it all
Guarantee there’s some money laundering going down.
> Unregulated millions
> money being used for actual pay for play
> ADs/NIL for each school both using the same big donors & sponsors
> nobody even discloses what these NIL budgets actually look like, and when they do we’re just taking their word for it
> slimy agents
> bunch of 17 year olds
No way all of this is clean
This post was edited on 1/27/24 at 9:17 am
Posted on 1/27/24 at 9:18 am to jonnyanony
quote:
They are paying taxes on it all
You think these kids are claiming this money at year end? I'm not talking about the million dollar quarterback. I'm talking about the 75000 defensive end that's a solid starter but not a star.
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