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re: Loyola Marymount to cut 6 sports in response to NIL
Posted on 1/27/24 at 9:54 am to DeathByTossDive225
Posted on 1/27/24 at 9:54 am to DeathByTossDive225
quote:
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 x1000. Everybody is wondering where all this NIL money is coming from.? These guys putting millions into college athletes Know exactly what the frick they’re doing and spoiler alert, they ain’t doing it for a five star that may or may not pan out and their team may or may not win one or two more ball games.
This post was edited on 1/27/24 at 9:56 am
Posted on 1/27/24 at 10:12 am to Purple Spoon
The biggest reason NIL invites laundering is just the fact that it’s a mislabeled extension of Athletic Department donations.
At the end of the day, it’s a lot of money coming from the same place & people just moving it around.
So… the books have all been shady from the jump. Nobody is gonna convince me that the tax filing is all on the up & up. NIL was a poorly conceived loophole.
At the end of the day, it’s a lot of money coming from the same place & people just moving it around.
So… the books have all been shady from the jump. Nobody is gonna convince me that the tax filing is all on the up & up. NIL was a poorly conceived loophole.
This post was edited on 1/27/24 at 11:46 am
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