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re: New bill to allow athletes to get paid.
Posted on 2/4/21 at 2:03 pm to BFANLC
Posted on 2/4/21 at 2:03 pm to BFANLC
So imma assuming Athletic Departments who fund scholarships, Booster organizations like Iptay, Bulldog club, TAF etc who take in major bucks and donations for seating priorities and funding non revenue sports will lose their tax exempt status.
Will players then hafta declare monies recieved in endorsements, their benefits from scholarships, room & board, tutoring, medical services etc. as taxable income?
Will players then hafta declare monies recieved in endorsements, their benefits from scholarships, room & board, tutoring, medical services etc. as taxable income?
This post was edited on 2/4/21 at 2:04 pm
2
Posted on 2/4/21 at 2:04 pm to dallasga6
Look at it more like any other scholarship student getting a job.
Posted on 2/4/21 at 11:48 pm to dallasga6
Nobody cares about college sports as much as Boomers. That's because they can remember it when it was pretty much amateur college kids representing their schools and their states. It's something pure and wonderful to their minds.
My generation cares about it much less, and to some degree we care about it as a way of vicariously channeling our parents and grandparents' love of it, or in some cases even remembering it being more wholesome, less commercialized.
Turn it into NFL-lite, then it's just a shitty version of the NFL. I don't understand the rush to do that.
My generation cares about it much less, and to some degree we care about it as a way of vicariously channeling our parents and grandparents' love of it, or in some cases even remembering it being more wholesome, less commercialized.
Turn it into NFL-lite, then it's just a shitty version of the NFL. I don't understand the rush to do that.
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