re: What would you choose, 50K and pay taxes or 250K and pay no taxes?

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Most people don’t want the schools to pay players, they want players to be make money off of their own private likeness (sponsorships and marketing deals) and still play at NCAA schools

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This would just lead to boosters paying a kid $500k for an autograph. Not saying I think the kids shouldn't get paid, but what seems like something that's common sense up front (i.e.letting kids sell their autographs, or get deals with Nike) would quickly be exploited by boosters trying to get kids to come play for their particular school.

It's going to be interesting to see how it's handled now that California passed that law.